When Wade D. Miquelon joined the Acadia Healthcare board in January 2012, he brought extensive international business experience spanning multiple continents and diverse market environments. His career includes 17 years at Procter & Gamble with 12 years based internationally in Bangkok, Singapore, and Geneva, providing global perspective applicable to healthcare company governance.
Miquelon served as vice president of finance for Western Europe at P&G, holding responsibility as senior financial officer for 17-country operations. This role involved managing finance and accounting across diverse regulatory environments, currency fluctuations, and varying business practices—experience translating to multi-state healthcare operations where Acadia Healthcare navigates 40 different state regulatory frameworks and Medicaid programs with distinct reimbursement structures.
His international background also included serving as head of finance and accounting for the ASEAN, Australasia, and India region at P&G, overseeing financial operations for 42 countries in Southeast Asia. This geographic scope required understanding complex tax structures, local accounting standards, and regional market dynamics. Acadia Healthcare’s board oversight requires similar ability to synthesize information from geographically dispersed operations with varying performance metrics and operational challenges.
Miquelon’s time at Walgreens included responsibilities as president of international, where he led development of the company’s strategic partnership with Alliance Boots and other potential international partnerships. This experience creating cross-border business arrangements applies to Acadia Healthcare’s joint venture strategy with health system partners, requiring navigation of different organizational cultures, governance structures, and operational approaches.
The behavioral health provider previously operated facilities in the United Kingdom through its Priory Group acquisition before divesting those operations in 2021. Miquelon’s international perspective informed board discussions during that strategic transition, drawing on his experience managing international divisions and understanding when global expansion serves shareholder interests versus focusing on domestic market opportunities.
His work at P&G included serving as director and investment partner of I Ventures, a corporate venture capital fund, alongside co-founding and serving as CFO of Emmperative, an enterprise marketing management software joint venture. These entrepreneurial experiences within large corporations provide understanding of innovation initiatives and partnership structures applicable to Acadia Healthcare’s digital health investments and technology implementations supporting patient care delivery.