HCA (NYSE: HCA) today announced the appointment of R. Milton Johnson as
Executive Vice President and Chief Financial Officer, effective
immediately.
In his new position, Johnson is responsible for financial operations of
the company including treasury, government reimbursement, tax,
accounting, insurance and risk management, and financial reporting. The
newly created position at HCA reports to Chairman and Chief Executive
Officer Jack O. Bovender, Jr.
"Milton has proven his keen insight and financial acumen as a critical
member of HCA's executive team," said Bovender. "His appointment
streamlines the company's financial operations by consolidating a number
of key areas under a leader with considerable talent who has repeatedly
demonstrated the values on which HCA is based."
Johnson, 47, previously served as senior vice president and controller.
In that position he was the company's chief accounting officer and was
responsible for tax, accounting, insurance and risk management, and
financial reporting.
A 22-year HCA veteran, Johnson joined the company in 1982 as Tax Manager
in the research and planning area and later served as Director of Tax
for HealthTrust, which spun off from HCA in 1987. He returned to HCA as
Vice President/Tax when the company merged with HealthTrust in 1995. He
was named Senior Vice President and Controller in 1998. Prior to joining
HCA, Johnson worked for Ernst and Young.
A Certified Public Accountant since 1981, Johnson has held various
offices within professional organizations. He is a member of the Board
of Directors of the McNeilly Center for Children and the HCA Foundation.
A native of Nashville, Johnson received his bachelor's degree in
accounting from Belmont University. He and his wife Denice reside in
Nashville and have two children, Lyndsey and Tyler.
All references to "Company" and "HCA" as used throughout this document
refer to HCA Inc. and its affiliates.
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: Statements in this press release regarding HCA's business
which are not historical facts are "forward-looking statements" that
involve risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see "Risk Factors" in the
Company's Annual Report or Form 10-K for the most recently ended fiscal
year.
www.hcahealthcare.com
Investors, Mark Kimbrough, +1-615-344-2688, or
Media, Jeff Prescott, +1-615-344-5708, both of HCA