AMN Healthcare Appoints Paul E. Weaver to Board of Directors
SAN DIEGO, July 19, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- AMN Healthcare Services, Inc. (NYSE: AHS), the nation's largest healthcare staffing company, announced today that Paul E. Weaver has joined the company's Board of Directors, expanding the company's board membership from seven to eight. Mr. Weaver was also appointed a member of AMN Healthcare's Audit Committee and Corporate Governance Committee.
"Paul's extensive experience in the global business arena, his financial expertise, and proven leadership skills will be valuable in his role as a member of our Board of Directors," said Steven C. Francis, chairman of AMN Healthcare. "We look forward to Paul's contributions as AMN expands its position as the nation's largest healthcare staffing provider."
Mr. Weaver was previously global partner of PricewaterhouseCoopers, LLP and chairman of the firm's global technology practice group, focusing on technology, infocomm, entertainment and media. With over 30 years of experience in leadership and governance roles within PricewaterhouseCoopers, Mr. Weaver provided accounting, audit and business advisory services to several of the world's largest multinational companies. He also served as vice-chairman of the firm, based in New York, responsible for all firmwide revenue related activities.
Mr. Weaver currently serves on the boards of Gateway, Inc., the Ellis Island/Statue of Liberty Foundation and the corporate advisory board of the University of Michigan Business School. Mr. Weaver is licensed as a CPA and received a BS from Elizabethtown College and an MBA from the University of Michigan.
The company also announced today that Steven C. Francis, co-founder and director of AMN Healthcare, transitioned from his previous position as executive chairman to non-executive chairman.
"My high level of confidence in the management team at AMN Healthcare and my desire to devote more time to pursuing other interests provided me with the opportunity to make this transition," said Mr. Francis. "I look forward to my ongoing role with the company as chairman of the board of directors," added Francis.
Company Summary
AMN Healthcare Services, Inc. is the largest temporary healthcare staffing company in the United States. As the leading nationwide provider of travel nurse staffing services and a leading provider of locum tenens (temporary physician staffing) and physician permanent placement services, the company recruits physicians, nurses and allied healthcare professionals nationally and internationally and places them on variable lengths of assignments and in permanent positions at acute-care hospitals, physician practice groups and other healthcare facilities throughout the United States.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "projects," "expects," "plans," "intends" and similar expressions. Similarly, statements herein that describe the company's business strategy, outlook, objectives, plans, intentions or goals are also forward-looking statements. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the company's actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. Factors that could cause actual results to differ from those implied by the forward-looking statements contained in this report are set forth in the company's Annual Report on Form 10-K for the year ended December 31, 2005, Quarterly Reports on Form 10-Q for the quarter ended March 31, 2006, Current Reports on Form 8-K, and its Registration Statement on Form S-3. These statements reflect the company's current beliefs and are based upon information currently available to it. Be advised that developments subsequent to this report are likely to cause these statements to become outdated with the passage of time.
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Contact:
David C. Dreyer,
Chief Financial Officer
Christopher Schwartz,
Senior Director, Investor Relations
866.861.3229
SOURCE AMN Healthcare Services, Inc.
David C. Dreyer, Chief Financial Officer, or Christopher Schwartz, Senior Director, Investor Relations, both of AMN Healthcare Services, Inc. +1-866-861-3229