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Total Renal Care Announces Appointment of Richard K. Whitney, Chief Financial Officer

TORRANCE, Calif., Feb. 12 /PRNewswire/ -- Total Renal Care Holdings, Inc. (NYSE: TRL), the nation's second-largest provider of dialysis services, today announced the appointment of Richard K. Whitney as Chief Financial Officer.

Richard Whitney, 32, joined Total Renal Care, Inc. in June of 1995. Previously he held the position of Vice President, International, where he was responsible for the general management and development of the company's operations outside of the United States and recently lead the sale of this business to Fresenius Medical Care, AG. Before his appointment as Vice President, International, Rich served the company as Vice President, Corporate Development.

"Rich is a provocative strategist, a disciplined planner, a precise communicator, and a tireless worker. I believe he will provide excellent value to all our constituencies," said Total Renal Care Chairman and CEO, Kent Thiry.

Richard stated, "I am excited by this opportunity to contribute to the continuing turnaround at Total Renal Care. I am also pleased to be supported by the talented financial management team which has already made significant progress in addressing the challenges facing our company in this area."

Prior to joining Total Renal Care, Mr. Whitney was associated with RFE Investment Partners, a private equity investment firm and Deloitte & Touche. Mr. Whitney, a CPA, received his undergraduate degree from the University Scholars Program at Pennsylvania State University and his Masters Degree in Business Administration from Harvard Business School.

Total Renal Care Holdings, Inc, based in Torrance, California, is the nation's second-largest provider of dialysis services for patients suffering from chronic kidney failure. The Company owns and operates kidney dialysis centers and home peritoneal dialysis programs domestically in 32 states, as well as Washington, D.C. It also provides acute hemodialysis services to inpatients at approximately 330 hospitals. As of December 1, 1999, Total Renal Care operated 488 outpatient dialysis facilities serving over 40,000 patients, including 3,700 patients in 49 centers under management.

SOURCE Total Renal Care, Inc.

 

CONTACT: LeAnne Zumwalt, Investor Relations of Total Renal Care, 310-792-2600 ext. 2449/


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