Public Company Information:
HCA (NYSE: HCA) today announced the appointment of Michael T. Neeb, 44, as President of the company's London-based International Division effective December 31, 2006. Neeb replaces John Kausch, who will retire next year after a 27-year career with HCA.
Kausch, who has been President of HCA's International Division since 1998, began his career as a pharmacist in 1969. He joined HCA in 1979, serving in several positions, including CEO of West Florida Regional Medical Center in Pensacola and President of the company's North Florida Division.
"John has been a friend and an integral part of HCA for many years," said HCA President and Chief Operating Officer Richard M. Bracken. "He has provided invaluable leadership throughout his distinguished career. So many of us at HCA appreciate John's years of service, and we wish him all the best in his retirement."
Neeb, who currently serves as Chief Financial Officer of HCA's International Division, will be responsible for HCA's international operations, which includes six hospitals in London and two in Geneva, Switzerland.
"Mike is a 15-year veteran of HCA who is well respected, understands our culture, and has played a vital role in the success of our international operations," said Bracken. "We look forward to continued success under his leadership."
Neeb joined HCA in 1991 when he became CFO of Fawcett Memorial Hospital in Port Charlotte, Fla. He became CFO of HCA's Southwest Florida Division in 1995 and CFO of the company's North Florida Division in 1996. He was appointed CFO of HCA's International Division in 2000. Neeb began his healthcare career as Director Finance/Project for Harris Methodist Affiliated Hospitals in Fort Worth, Texas. Prior to that, he worked for accounting firms Ernst & Young and Arthur Anderson.
Neeb earned a bachelor's degree in accounting from Baylor University in 1984 and a master's degree in business administration from the University of Dallas in 1998. He and his wife Amy have two children, Patrick and Caroline.
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.
Investors, Mark Kimbrough,
Media, Jeff Prescott,
both of HCA