MECHANICSBURG, Penn., Sept. 7,
2023 /PRNewswire/ -- Select Medical Holdings
Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM)
today announced 12 executive management appointments, effective
October 1, 2023. John Saich and
Thomas Mullin have been promoted to
co-presidents of the organization, and Michael Malatesta has been named executive vice
president and chief financial officer.
A 26-year veteran of Select Medical, Saich most recently served
as executive vice president and chief administrative officer
overseeing its Outpatient Rehabilitation Division and Shared
Services operations. During his tenure, Saich has guided the
company through successful growth and transition serving in a
variety of senior operational and human resources leadership
roles.
Since joining Select Medical in 2008, Mullin has held
operational leadership positions of increasing responsibility
within the Critical Illness Recovery Hospital Division, including
president. In 2018, his role expanded to the Inpatient
Rehabilitation Hospital Division, serving as chief operating
officer. That post was followed by his appointment to executive
vice president of hospital operations, including oversight of both
divisions.
Saich and Mullin will closely partner to further create best
practices and enhance integration across the company's network of
more than 135 specialty hospitals and 1,900 outpatient physical
therapy centers to continuously improve patient access to Select
Medical's care at all levels of post-acute illness, recovery and
rehabilitation.
A 24-year veteran of the company, Malatesta has served as senior
vice president of finance since 2013 after holding a variety of
senior finance and accounting positions within the Outpatient
Rehabilitation Division. In his new role as executive vice
president and chief financial officer, he will be responsible for
the financial planning and analysis across the entire Select
Medical enterprise. Malatesta will report to Martin Jackson who has been elevated to senior
executive vice president of strategic finance and operations.
"As Select Medical continues to execute its growth strategy and
mission of providing exceptional care to the 99,000 patients we
serve daily across our post-acute continuum, it is critical that we
continue to drive high-performance momentum and create continuous
trajectory for long-term success," said Select Medical Co-Founder
and Executive Chairman Robert A.
Ortenzio. "These executive and C-Suite appointments
represent a team that is highly adept to navigate our future."
In addition to the four appointments announced above, each of
the executives identified below has been promoted to a new
position:
- Michael Tarvin to senior executive vice president, general
counsel and secretary
- John Duggan to executive vice president and deputy general
counsel
- Tyler Hollenbach to executive vice president of strategy
and growth
- Mary Lacey to senior vice
president and chief human resources officer
- Shelly Eckenroth to senior vice president and chief
communications, marketing and branding officer
- Kerry Dishner to senior vice president of functional
operations for specialty hospitals
- Bridget Sherick to senior vice president of accounting for
shared services
- Robert Breighner to senior vice president of compliance
and audit
"The foundation of the company's success has always rested on
our people," said Select Medical Chief Executive Officer
David S. Chernow. "Under this
executive management team, we are confident Select Medical is
poised to continue building a strong future for our employees,
patients, partners and the communities we serve for the many years
ahead."
About Select Medical
Select Medical is one of the largest operators of critical
illness recovery hospitals, rehabilitation hospitals, outpatient
rehabilitation clinics, and occupational health centers in
the United States based on number
of facilities. As of June 30, 2023,
Select Medical operated 108 critical illness recovery hospitals in
28 states, 32 rehabilitation hospitals in 12 states, 1,944
outpatient rehabilitation clinics in 39 states and the District of Columbia, and 540 occupational
health centers in 41 states. At June 30,
2023, Select Medical had operations in 46 states and the
District of Columbia. Information
about Select Medical is available at www.selectmedical.com.
This press release may contain forward-looking statements based
on current management expectations. Numerous factors, including
those related to market conditions and those detailed from
time-to-time in Select's filings with the Securities and Exchange
Commission, may cause results to differ materially from those
anticipated in the forward-looking statements. Many of the factors
that will determine Select's future results are beyond the ability
of Select to control or predict. These statements are subject to
risks and uncertainties and, therefore, actual results may differ
materially. Readers should not place undue reliance on
forward-looking statements, which reflect management's views only
as of the date hereof. Select undertakes no obligation to revise or
update any forward-looking statements, or to make any other
forward-looking statements, whether as a result of new information,
future events or otherwise.
Investor inquiries:
Joel T. Veit
Senior Vice President and Treasurer
717-972-1100
ir@selectmedical.com
Media inquiries:
Shelly Eckenroth
Senior Vice President and Chief Communications, Marketing and
Branding Officer
717-920-4035
seckenroth@selectmedical.com
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SOURCE Select Medical Holdings Corporation