FRANKLIN, Tenn.--(BUSINESS WIRE)--Dec. 9, 2015--
Community Health Systems, Inc. (NYSE:CYH) today announced the
appointment of H. James Williams, Ph.D. to its Board of Directors for a
term expiring at the 2016 Annual Meeting of Stockholders.
Dr. Williams, age 60, served as President of Fisk University, a leading
liberal arts university located in Nashville, Tennessee, from February
2013 until September 2015. Fisk University is renowned for its
leadership role and history in the education of African-American
students. Dr. Williams previously served for more than twenty years as a
professor or dean at several universities across the country, including
Dean of the Seidman College of Business at Grand Valley State University
in Grand Rapids, Michigan, Dean of the School of Business at North
Carolina Central University in Durham, and Dean of the School of
Management at Delaware State University in Dover. Dr. Williams also
practiced law, primarily in the areas of partnership and corporate tax,
as well as contract law. Dr. Williams started his diverse career as an
accountant with Ernst & Young where he worked in the audit division with
companies in the banking, textiles, automotive and shipping industries.
Dr. Williams holds a bachelor’s degree in accounting from North Carolina
Central University, a master’s degree in business administration from
the University of Wisconsin, Madison, and a Ph.D. in accounting/finance
from the University of Georgia. He holds a juris doctor and a master’s
of law degree from Georgetown University Law Center in Washington, D.C.
Dr. Williams serves on the advisory board of Fifth Third Bank of
Tennessee, as a member of the Metropolitan Nashville Airport Authority’s
Air Service Coalition, and also on the boards of several non-profit
“Dr. Williams brings a new and important perspective to the Community
Health Systems’ Board of Directors,” said Wayne T. Smith, chairman and
chief executive officer of Community Health Systems, Inc. “His diverse
experience in finance, law and higher education will complement our
existing board strengths and provide additional insights. We are very
pleased to add another independent director to the Board as we continue
to ensure strong governance of our organization and work to deliver
value to our shareholders and quality healthcare to the communities we
As of December 9, 2015, the Company’s board members are: W. Larry Cash,
John A. Clerico, James S. Ely III, John A. Fry, W. Norris Jennings,
M.D., Julia B. North, Wayne T. Smith, H. Mitchell Watson, Jr. and H.
James Williams, Ph.D.
About Community Health Systems, Inc.
Community Health Systems, Inc. is one of the largest publicly-traded
hospital companies in the United States and a leading operator of
general acute care hospitals in communities across the country. Through
its subsidiaries, the Company currently owns, leases or operates 198
affiliated hospitals in 29 states with an aggregate of approximately
30,000 licensed beds. The Company has announced plans for a spin-off
transaction to create a new, publicly- traded company, Quorum Health
Corporation, with 38 affiliated hospitals and related outpatient
services in 16 states, together with Quorum Health Resources, LLC, a
subsidiary providing management and consulting services to
non-affiliated hospitals. The transaction is expected to close during
the first quarter of 2016. The Company’s headquarters are located in
Franklin, Tennessee, a suburb south of Nashville. Shares in Community
Health Systems, Inc. are traded on the New York Stock Exchange under the
symbol “CYH.” More information about the Company can be found on its
website at www.chs.net.
Statements contained in this news release regarding expected operating
results, acquisition transactions or divestitures and other events are
forward-looking statements that involve risk and uncertainties. Actual
future events or results may differ materially from these statements.
Readers are referred to the documents filed by Community Health Systems,
Inc. with the Securities and Exchange Commission, including the
Company’s annual report on Form 10-K, current reports on Form 8-K and
quarterly reports on Form 10-Q. These filings identify important risk
factors and other uncertainties that could cause actual results to
differ from those contained in the forward-looking statements. The
Company 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151209006370/en/
Source: Community Health Systems, Inc.
Community Health Systems, Inc.
Larry Cash, 615-465-7000
President of Financial Services and Chief
Senior Vice President, Corporate Communications,
Marketing and Public Affairs