Improving Health, Health Care and Quality of Life
Total Renal Care Names George B. DeHuff III President and Chief Operating Officer
TORRANCE, Calif., May 11 /PRNewswire/ -- Total Renal Care Holdings, Inc. (NYSE: TRL) today announced the appointment of George B. DeHuff III, 45, to the newly created position of President and Chief Operating Officer. Victor M.G. Chaltiel will continue as Chairman of the Board and Chief Executive Officer. Mr. DeHuff joins TRL on May 17, 1999 and will be responsible for the day-to-day operations of the Company, reporting directly to Mr. Chaltiel. Barry C. Cosgrove, Senior VP, General Counsel and Secretary, John E. King, Senior VP and Chief Financial Officer and Stan M. Lindenfeld, MD, Senior VP and Chief Medical Officer are joining Mr. DeHuff to constitute a newly organized Office of the Chairman to work directly with Mr. Chaltiel to facilitate the long term growth and success of the company. "DeHuff has proven his ability to successfully lead large healthcare service organizations," Chaltiel said. "Acquiring an executive of his caliber and knowledge underscores our potential and will strengthen our position domestically and internationally." DeHuff has more than 20 years of executive management experience. From 1994 to early 1999, he served in a variety of positions, including Chief Operating Officer as well as President and Chief Executive Officer, with American Medical Response (AMR), the nation's largest ambulance and medical transportation provider with more than 20,000 employees. AMR is now a subsidiary of Laidlaw, Inc. From 1991 to 1994, he was President and Chief Operating Officer of LifeFleet, Inc., also an ambulance and medical transportation provider, before its sale to a third party. Earlier he was President and Chief Executive Officer of EECO Inc., a then publicly traded manufacturing organization, and previously held executive positions with Price Waterhouse and HI-TEK Corporation. DeHuff earned a Master of Business Administration degree from the University of Michigan in 1977 and a Bachelor of Arts degree in economics from Oakland University, Rochester, Mich., in 1975. Mr. DeHuff lives with his wife, Karen, and their four children in Southern California, and was selected following a nationwide search by LAI Worldwide, executive recruiters and consultants. Torrance, California-based Total Renal Care Holdings, Inc. is the second largest (and largest independent) worldwide provider of integrated dialysis services for patients suffering from chronic kidney failure. The Company owns and operates high-quality, free-standing kidney dialysis centers and home peritoneal dialysis programs in 35 states, as well as Washington, D.C., Puerto Rico, Guam, Argentina and several European countries. It also provides high quality acute hemodialysis services to inpatients at approximately 320 hospitals. As of May 1, 1999, TRL operated 552 outpatient dialysis facilities serving more than 43,000 patients, including more than 3,000 patients in 37 centers under TRL management. TRL also operates ESRD laboratory and pharmacy facilities, as well as vascular access management, transplant services and ESRD clinical research programs. This release contains forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding potential strengthening of operations and market opportunities and involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, the uncertainties associated with governmental regulation, general economic and other market conditions, and the "risk factors" set forth in the Company's filings with the Securities and Exchange Commission. The forward-looking statements should be considered in light of these risks and uncertainties. SOURCE Total Renal Care Holdings, Inc.