- Company Further Strengthens Board with Election of New Independent
Director -
TORONTO, May 10, 2013 /CNW/ - Centric Health Corporation ("Centric
Health" or "the Company") (TSX: CHH), Canada's leading diversified
healthcare company, today announced that the nominees listed in the
Management Proxy Circular for the 2013 Annual and Special Meeting of
Shareholders (the "Meeting"), which was held yesterday in Toronto, were
elected as Directors of the Company. In addition, all resolutions put
to vote at the Meeting were passed. The results of the vote for the
election of Directors at the Meeting are as follows:
|
Votes For
|
Votes Withheld
|
Nominees
|
Number
|
%
|
Number
|
%
|
Yazdi Bharucha
|
48,314,972
|
99.817
|
88,771
|
0.18%
|
David Cutler
|
47,284,544
|
97.688
|
1,119,199
|
2.31%
|
Ingrid Davis
|
47,272,544
|
97.663
|
1,131,199
|
2.34%
|
Camillo di Prata
|
48,336,522
|
99.861
|
67,221
|
0.14%
|
Craig Gattinger
|
46,142,955
|
95.329
|
2,260,788
|
4.67%
|
Tom Magyarody
|
47,205,933
|
97.525
|
1,197,810
|
2.31%
|
Dr. Jack Shevel
|
47,270,544
|
97.659
|
1,133,199
|
2.34%
|
Darren Youngleson
|
47,283,544
|
97.686
|
1,120,199
|
2.31%
|
Mr. Camillo (Cam) di Prata was elected as a new independent member of
the Board of Directors of the Company, resulting from the vacancy from
Dr. Paul Gamble not standing for re-election. Mr. di Prata has been
appointed to the Board's Human Resources and Compensation Committee and
Audit Committee.
"We are pleased to welcome Mr. di Prata as a Director of Centric
Health," said Dr. Jack Shevel, Executive Chairman, Centric Health
Corporation. "His extensive capital markets, financial and M&A
experience further strengthen our Board as Centric continues to focus
on realizing value through the integration of the acquired businesses
and generating long-term, sustainable growth from our one-of-a-kind
healthcare services platform. We look forward to benefitting from Mr.
di Prata's broad expertise, proven leadership capabilities and
strategic insight."
Mr. di Prata is a seasoned financial services industry executive with
more than 25 years of experience in the capital markets. Currently, he
is an independent advisor to various corporations and not-for-profit
organizations. Previously, he held senior executive roles with
National Bank of Canada where he served as Executive Vice President and
Head of the Corporate and Investment Banking and prior thereto Vice
Chairman, Quebec. In both roles, he was responsible for significantly
expanding the firm's presence outside Quebec and, in 2010, was awarded
the Brendan Woods Top Gun Team Leadership Award for mid-market investment banking in Canada. Prior to his tenure at
National Bank, he held the roles of Deputy Head of Mergers and
Acquisitions and Group Head of Telecom, Media & Technology Investment
Banking at Scotia Capital. He also worked in investment banking and
mergers and acquisitions at CitiGroup and Nesbitt Burns. Mr. di Prata
holds a Bachelors Degree in Commerce (Accounting) from Concordia
University and an MBA from the University of Western Ontario's Richard
Ivey School of Business.
"On behalf of the entire Centric Board, I would like to thank Paul for
his significant contributions to the Company," said Dr. Shevel. "His
guidance and counsel have served the Company well during a very
important time in our evolution. We wish him well in his future
endeavours."
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 www.centrichealth.ca.
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.
SOURCE: Centric Health Corporation