Fawad Butt

Fawad Butt Email and Phone Number

Chief Executive Officer and Co-Founder @ Penguin Ai
Palo Alto, CA, US
Fawad Butt's Location
Palo Alto, California, United States, United States
About Fawad Butt

Solving healthcare’s $1T a year admin problem.Is the CEO and co-founder of Penguin Ai, a company dedicated to optimizing the healthcare back office using generative AI for payers and providers. Fawad has worked at the largest U.S. healthcare organizations as a C level executive with P&L responsibility. He understands the nuances of the US healthcare system and has built products, platforms, and businesses delivering better health and cost outcomes across the industry. Fawad has built core data and analytics capabilities at 5 Fortune 500 companies and at 2 of the largest healthcare organizations in the world. He led P&L responsibility for a $400m+ data business at Optum, providing products and services to the largest healthcare entities across the US. As an early CDO - before the role became ubiquitous - he helped lead the data trend, and is recognized across the industry as an innovator in the data management, data ops, and analytics enablement technologies.He previously served as the Chief Data Officer at Kaiser Permanente, United Healthcare, and Optum. He currently serves as an Operating Partner/EIR at Canvas Ventures and sits on the boards of Vida Health, Particle Health, and PinePark Health.

Fawad Butt's Current Company Details
Penguin Ai

Penguin Ai

View
Chief Executive Officer and Co-Founder
Palo Alto, CA, US
Website:
penguinai.co
Employees:
24
Fawad Butt Work Experience Details
  • Penguin Ai
    Chief Executive Officer And Co-Founder
    Penguin Ai
    Palo Alto, Ca, Us
  • Penguin Ai
    Chief Executive Officer / Co-Founder
    Penguin Ai Jan 2024 - Present
    At Penguin Ai, we are solving healthcare’s $1T/yr administrative problem. After years of leadership roles at organizations like Kaiser Permanente, UnitedHealthcare, and Optum, I saw firsthand how generic platforms from companies like GCP, Snowflake, and Databricks fell short of solving healthcare’s complex needs. That's why I launched Penguin Ai—a purpose-built platform for healthcare, using healthcare-specific models that tackle the administrative inefficiencies Payers and Providers face every day.
  • Redesign Health
    Executive Advisor
    Redesign Health May 2022 - Jul 2024
    New York, New York, Us
  • Monte Carlo
    Advisor
    Monte Carlo Dec 2020 - May 2024
    San Francisco, California, Us
  • Baton Health
    Executive Advisor
    Baton Health Aug 2022 - Apr 2024
    Brooklyn, Ny, Us
  • Syntax Health
    Executive Advisor
    Syntax Health Oct 2021 - Jan 2024
    Atlanta, Ga, Us
  • Skyflow
    Advisor
    Skyflow Jan 2021 - Jan 2024
    Palo Alto, California, Us
  • Canvas Ventures
    Operating Partner
    Canvas Ventures Dec 2020 - Jan 2024
    Portola Valley, Ca, Us
    Canvas is a mission-driven VC firm leading Series A & B investments in transformative companies. At Canvas, i help evaluate and manage investments across data, analytics, and healthcare verticals. Additionally, I engage, advise and sometimes temporarily operate portfolio companies until a new management team can be selected and retained. I sit on a number of private company boards and manage day to day activities as a board member, observer or delegate.
  • Vida Health
    Board
    Vida Health May 2022 - 2024
    San Francisco, California, Us
  • Particle Health
    Board
    Particle Health Jul 2022 - Dec 2023
    New York, Ny, Us
  • Pine Park Health
    Board
    Pine Park Health Jun 2022 - Dec 2023
    Berkeley, California, Gb
  • Kins Technology Group Inc
    Spac Advisor
    Kins Technology Group Inc Oct 2020 - Mar 2023
  • Unitedhealth Group
    Svp, Chief Data Officer - United Healthcare & Optum
    Unitedhealth Group Sep 2019 - Nov 2021
    Us
    I served as the Chief Data officer for UnitedHealth Group, where i was responsible for over $500m in annual P&L related to a variety of data, analytics, and A/I businesses. My global team of 3000+ professionals was responsible for delivering platforms, products, tool and services which were used by the Optum care-delivery units and the UHC Payor/Insurance teams. During my time at Optum we reduced our overall costs by $60m a year, built and enabled cloud based analytics platforms, enabled quicker throughput across all major dev teams, created company wide analytics and data literacy programs to develop citizen data scientists, implemented an A/I ethics framework,grew revenues by 17% and margins by 23%.
  • Unitedhealthcare
    Svp, Chief Data & Analytics Officer
    Unitedhealthcare Sep 2018 - Sep 2019
    Minnetonka, Mn, Us
    I served as the first Chief Data & Analytics officer at United Healthcare. In this role, i was responsible for defining a comprehensive Data & Analytics (D&A) strategy to enable better outcomes for UHC and its customers. This includes the development of a robust governance model, standardizing D&A platform, prioritizing high ROI D&A investments, and the development of a comprehensive roadmap for data and analytics, aligned with UHC business imperatives.
  • Kaiser Permanente
    Chief Data Governance Officer / Chief Data Officer
    Kaiser Permanente Jan 2015 - Sep 2018
    Oakland, California, Us
    As of 2014, Kaiser Permanente (KP) is the largest integrated health care consortium in the United States. The KP system includes an insurance business, 38 hospital campuses, Pharmacies, Labs, and a large care delivery organization.In this role my team was tasked with the creation of an overall data management strategy, roadmap, systems and training for the $80B/year organization. KP's mission is to deliver quality healthcare to its members at a reasonable price. To achieve this mission, the organization is embracing data as a strategic asset, and is investing in the development of robust platforms and management practices to ensure that the right data is available to the right people/systems, at the right time. By employing innovative people and techniques, my team is building the most mature data foundation in the healthcare space. This investment will serve as the vehicle to deliver cutting edge clinical care to our members and patients, while ensuring that data privacy and security is managed across all our processes and platforms.
  • Northern Trust Corporation
    Global Head Of Enterprise Data Strategy / Co-Head Of Data Governance
    Northern Trust Corporation Aug 2013 - Sep 2015
    Chicago, Illinois, Us
    Aligned with the COO office, this role is designed to enable the global bank to leverage Data as a strategic asset.
  • Northern Trust Corporation
    Head Of Enterprise Pmo - Data Governance, Data Quality And Data Analytics
    Northern Trust Corporation Sep 2013 - Jul 2014
    Chicago, Illinois, Us
  • Tiaa-Cref
    Data Delivery Services
    Tiaa-Cref Mar 2012 - Sep 2013
    New York, Ny, Us
  • Td
    Data Governance & Quality
    Td Sep 2010 - Feb 2012
    Toronto, Ontario, Ca
  • Zeus Capital Advisers
    Managing Partner And Principal Consultant
    Zeus Capital Advisers Mar 2007 - Aug 2010
    Zeus Capital Advisers (ZCA) provides management consulting services to financial services clients. As the Managing Partner, i worked directly with clients to define strategy and to execute complex programs. During his tenure at the firm, i successfully developed, managed, and delivered multiple $50m+ programs for Fortune 500 clients in the following categories:- Data Governance, Data Quality- BI & Data Analytics - Data strategy and program execution- Regulatory Compliance - Dodd-Frank, Basel II, Basel III, CCAR, BCBS-239
  • Nala Equity Services
    Md Of Strategy And Program Development
    Nala Equity Services Mar 2004 - Feb 2007
  • Sun Microsystems
    Area Systems Engineering Director
    Sun Microsystems Dec 1997 - Dec 2003
    Palo Alto, Ca, Us
    In this role I was responsible for managing the Systems Engineering organization in the Central Area. During my tenure, i grew the team by 30%, re aligned Sales and Engineering organizations, oversaw and managed the largest single deal for the company, and achieved sales club.
  • Sun Microsystems
    Sr. Systems Engineer
    Sun Microsystems Dec 1997 - Mar 2001
    Palo Alto, Ca, Us
    In this role I worked with the sales team to deliver technical content to key customers. In addition to all of the Sun Hardware and Storage offerings I emphasized on JAVA and J2EE as the key infrastructure platforms. As the Senior SE I was responsible for delivering Presentations, POCs, and RFP responses to Platinum customers. Achieved Club status by participating and closing major deals.
  • Sgi
    Pre-Sales Systems Engineer
    Sgi Feb 1996 - Dec 1997
    Milpitas, Ca, Us
    Pre Sales

Fawad Butt Education Details

  • Northwestern University - Kellogg School Of Management
    Northwestern University - Kellogg School Of Management
    Marketing
  • Stanford University
    Stanford University
    Executive Management
  • East-West University
    East-West University
    Microprocessor Design

Frequently Asked Questions about Fawad Butt

What company does Fawad Butt work for?

Fawad Butt works for Penguin Ai

What is Fawad Butt's role at the current company?

Fawad Butt's current role is Chief Executive Officer and Co-Founder.

What schools did Fawad Butt attend?

Fawad Butt attended Northwestern University - Kellogg School Of Management, Stanford University, East-West University.

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