Centric Health Appoints Experienced IT Executive as Chief Information Officer
TORONTO, March 26, 2013 /CNW/ - Centric Health Corporation ("Centric Health"
or "the Company") (TSX: CHH), Canada's leading diversified healthcare company,
today announced the appointment of Mr. Jim Black as Chief Information Officer,
effective April 8, 2013.
"We are thrilled to have someone of Mr. Black's calibre join the senior
management team at Centric Health," said David Cutler, President and Chief
Executive Officer, Centric Health Corporation. "Mr. Black brings to Centric
extensive experience building and overseeing robust IT infrastructures and
leading IT teams at large, multi-unit organizations. Establishing the
appropriate systems, structure and processes at Centric is essential to
extracting the value from our strategy, and IT has a critical role in this
regard. We look forward to Mr. Black's vision and leadership in transforming
our IT infrastructure to support collaboration across our organization and
importantly further differentiate Centric through seamless innovative
platforms that improve efficiencies, communication and ultimately, the patient
Mr. Black was previously Chief Information Officer and Executive Committee
member at BCE-owned The Source, a retailer and wholesaler of consumer
electronics products and services through more than 700 corporate and
dealer-owned stores across Canada and multiple e-commerce channels. As CIO of
The Source, Mr. Black had executive responsibility for all aspects of
Information Technology, including its role in business transformation and
facilitation of corporate strategy. He led the company's multi-year
initiative to transform its Merchandise and Supply Chain departments to drive
significant efficiencies and margin improvement. Prior thereto, Mr. Black
was Vice President, Global IT Operations at MDS Inc., a publicly traded,
multi-unit global life sciences company with 40 sites in 23 countries with
more than $1 billion in annual revenue during his tenure. At MDS Inc., Mr.
Black was responsible for the company's global IT infrastructure and led the
information technology transitions during its company-wide restructuring.
Mr. Black has also held various information technology management roles of
increasing responsibility at Hudson's Bay Company, Canada's second largest
retailer, and global auditing, tax and advisory firm, Ernst & Young. Mr.
Black holds a Bachelor of Science (Honours) degree from the University of
Alberta and a Masters of Business Administration from the Ivey School of
Business at the University of Western Ontario.
Mr. Cutler added, "With the addition of Mr. Black, and the appointments of Mr.
Chris Dennis as COO and Mr. Daniel Gagnon as CFO, we have a proven and
experienced senior team to drive the integration, cross pollination and top
line initiatives to execute on the Centric Health strategy. The strength of
our corporate team is complemented by proven leaders with successful,
extensive track records at each of our business segments and the thousands of
healthcare providers delivering the highest quality of service and care every
About Centric Health
Centric Health's vision is to be Canada's premier healthcare company,
providing innovative solutions centered on patients and healthcare
professionals. As a diversified healthcare company with investments in several
niche service areas, Centric Health currently has operations in medical
assessments, disability and rehabilitation management, physiotherapy and
surgical centres, homecare, specialty pharmacy and wellness and prevention.
With knowledge and experience of healthcare delivery in international markets
and extensive and trusted relationships with payers, physicians, and
government agencies, Centric Health is pursuing expansion opportunities into
other healthcare sectors to create value for all stakeholders with an
unwavering commitment to the highest quality of care. Centric Health is listed
on the TSX under the symbol CHH. For further information, please visit
This press release contains statements that may constitute "forward-looking
statements" within the meaning of applicable Canadian securities
legislation. These forward-looking statements include, among others,
statements regarding business strategy, plans and other expectations, beliefs,
goals, objectives, information and statements about possible future events.
Readers are cautioned not to place undue reliance on such forward-looking
statements. Forward-looking statements are based on current expectations,
estimates and assumptions that involve a number of risks, which could cause
actual results to vary and in some instances to differ materially from those
anticipated by Centric Health and described in the forward-looking statements
contained in this press release. No assurance can be given that any of the
events anticipated by the forward-looking statements will transpire or occur
or, if any of them do so, what benefits Centric Health will derive there-from.
David Cutler President and Chief Executive Officer Centric Health Corporation
Lawrence Chamberlain Investor Relations TMX Equicom 416-815-0700 ext. 257
SOURCE: Centric Health Corporation
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CO: Centric Health Corporation
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-0- Mar/26/2013 11:00 GMT
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