Surgery Partners Announces Appointment of Thomas F. Cowhey as Chief Financial Officer
12 März 2018 - 2:30PM
Surgery Partners, Inc. (NASDAQ:SGRY) (the “Company”), a leading
healthcare services company, today announced that Thomas F. Cowhey
has been appointed Executive Vice President and Chief Financial
Officer, effective April 2, 2018. Mr. Cowhey has more than 20 years
of experience in a range of financial and strategic roles in the
healthcare services sector, most recently having served as Chief
Financial Officer of the Institution Business portfolio at Aetna,
Inc.
“We are excited to add Tom to our leadership team, as he is a
disciplined and strategic financial executive with a proven history
of driving long-term growth. His strong financial expertise and
experience across corporate finance, risk management, M&A, and
business operations will position him well to support our next
phase of development,” stated Chief Executive Officer Wayne
DeVeydt. “This announcement is yet another significant milestone as
we strengthen our organization to execute on our business strategy
and to better serve the patients, payors and providers who count on
us every day. I would also like to thank David Kretschmer for
demonstrating his commitment and leadership to the organization as
interim CFO and immediate contributions to the company. It is an
exciting time at Surgery Partners, and we expect 2018 will be a
transformative year for our company.”
Mr. Cowhey joins Surgery Partners from Aetna, Inc., where he
most recently served as the Chief Financial Officer of Aetna’s
Institution Business portfolio. In this role, Mr. Cowhey was
responsible for a book of business that included national accounts
employer products, group commercial insured and self-insured
products, government-sponsored products, including Medicare and
Medicaid, as well as a portfolio of specialty business. From 2007
to 2018, Mr. Cowhey held many responsibilities at Aetna, including
management of Aetna’s investor relations, corporate development and
treasury functions, and financial responsibility for Aetna’s
Consumer Health and Services portfolio. Prior to his time at Aetna,
Mr. Cowhey held a variety of investment banking roles.
Mr. Cowhey commented, “I am honored to join one of the premier
companies in the surgical services space and work with the team as
we drive growth and performance across the organization. I look
forward to leveraging my experience during this important time for
the company, while striving to maintain and enhance the high
standards of quality and value that our various stakeholders have
come to expect from Surgery Partners.”
About Surgery Partners, Inc.
Headquartered in Brentwood, Tennessee, Surgery Partners is a
leading healthcare services company with a differentiated
outpatient delivery model focused on providing high quality, cost
effective solutions for surgical and related ancillary care in
support of both patients and physicians. Founded in 2004, Surgery
Partners is one of the largest and fastest growing surgical
services businesses in the country, with more than 180 locations in
32 states, including ambulatory surgery centers, surgical
hospitals, a diagnostic laboratory, multi-specialty physician
practices and urgent care facilities.
Forward-Looking StatementsThis press release
includes forward-looking statements. These forward-looking
statements generally can be identified by the use of words such as
“anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,”
“estimate,” “forecast,” “goal,” “project,” and other words of
similar meaning. These forward-looking statements address various
matters including, among other things, our executive appointments
and leadership transition. Each forward-looking statement contained
in this press release is subject to risks and uncertainties that
could cause actual results to differ materially from those
expressed or implied by such statement. Applicable risks and
uncertainties include, among others, statements and expectations
regarding the Company’s ability to achieve our goals in 2018 and
beyond and the risks identified under the heading "Item 1A. Risk
Factors" in the Company’s Annual Report on Form 10-K for the fiscal
year ended December 31, 2017. We caution investors not to place
considerable reliance on the forward-looking statements contained
in this presentation. You are encouraged to read our filings with
the SEC, available at www.sec.gov, for a discussion of these and
other risks and uncertainties. The forward-looking statements in
this presentation speak only as of the date of this document, and
we undertake no obligation to update or revise any of these
statements. Our business is subject to substantial risks and
uncertainties, including those referenced above. Investors,
potential investors, and others should give careful consideration
to these risks and uncertainties.
Investors:
FTI Consulting(615) 234-8940IR@surgerypartners.com
Media:
FTI Consulting212-850-5622surgerypartners@fticonsulting.com
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/1064b999-cd77-4822-b9b7-ed8cbf537827
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