Kindred Names Benjamin A. Breier Chief Executive Officer-elect
October 30 2014 - 4:30PM
Business Wire
Chief Executive Officer Paul J. Diaz to
Become Executive Vice Chairman of the Kindred Board of
Directors
Kindred Healthcare, Inc. (the “Company” or “Kindred”) (NYSE:KND)
today announced that Benjamin A. Breier will become Chief Executive
Officer on March 31, 2015, succeeding Paul J. Diaz who will become
Executive Vice Chairman of the Kindred Board of Directors. Mr.
Breier will also become a member of Kindred’s Board of Directors,
effective March 31, 2015.
Benjamin A. Breier, Kindred Chief
Executive Officer-elect (Photo: Business Wire)
Mr. Breier joined the Company in August 2005 as President of the
Rehabilitation Division. In March 2008 he was named President
of the Company’s Hospital Division. He was promoted to Chief
Operating Officer in August 2010, and assumed the additional
responsibilities of Company President in May 2012.
“Ben is a strong leader with an intimate understanding of
Kindred and each of its businesses,” said Phyllis R. Yale, Chair of
Kindred’s Board. “The Board is confident that he will successfully
direct Kindred’s growth and capabilities to create solutions for
our nation’s healthcare delivery system. The Board also appreciates
Paul’s outstanding leadership and many contributions, and looks
forward to his transitional support and ongoing strategic
involvement with the Company. Since joining Kindred in January
2002, Paul has been instrumental in advancing the Company’s Mission
and in creating the nation’s largest, fully diversified post-acute
and rehabilitation care provider.”
“It has been an honor and a privilege to serve the Company and
our dedicated teammates over the past 12 years,” said Mr. Diaz.
“While the time is right for me and my family to transition from
the day-to-day leadership of the Company, I am confident in Ben’s
abilities to carry forward our shared vision for Kindred, its
Mission and strategy. During Ben’s tenure as President, he
significantly enhanced both the quality outcomes Kindred cares so
deeply about, and the operational excellence for which Kindred has
come to be known. Ben has continued to drive performance,
efficiencies of service and enhanced employee engagement. Over the
last several years, Ben has been my partner in every way, leading
our Continue the Care Strategy in our Integrated Care Markets, the
integration of RehabCare in 2011, as well as the significant
repositioning of the Company, and more recently the announcement of
our agreement to acquire Gentiva Health Services, Inc.
(NASDAQ:GTIV). While his management talents are well known, his
passion for our people and patients gives me the confidence that he
will create ongoing success for the Company and deliver value for
our patients, teammates, and shareholders well into the
future.”
“I am honored by the opportunity to lead a dynamic organization
like Kindred. I look forward to continuing the mission of making
post-acute care more efficient and accessible to the nation’s
healthcare beneficiaries,” commented Mr. Breier. “Paul led Kindred
through an amazing organizational transformation over the last
decade. I am fortunate that, in his new role, he will assist me in
the transition, and be actively involved in supporting critical
areas including advancing our public policy agenda, network
development and strategic planning. I am glad I will have my friend
and partner with us as we continue our journey together.”
About Benjamin A. Breier
Benjamin A. Breier, 43, has served as President and Chief
Operating Officer of Kindred since May 2012. Prior to joining
the Company in 2005, he served as Concentra, Inc.’s Senior Vice
President of Operations and Vice President of Operations. Before
joining Concentra, Mr. Breier served as Director of Operations at
Premier Practice Management, Inc. He joined Premier as Chief
Operating Officer in January 1997 and became Chief Executive
Officer in June 1998. Premier Practice Management was a subsidiary
of Premier, Inc., the largest hospital group purchasing alliance in
the United States.
Mr. Breier received his bachelor’s in economics from The Wharton
School of Business at The University of Pennsylvania. He also holds
an MBA and an MHA from The University of Miami (FL).
In September 2010, Mr. Breier was named by Modern Healthcare
magazine to the 2010 “Up & Comers” list, which recognizes young
leaders aged 40 and under who are making a difference in
healthcare.
About Kindred Healthcare
Kindred Healthcare, Inc., a top-150 private employer in the
United States, is a FORTUNE 500 healthcare services company based
in Louisville, Kentucky with annual revenues of $5 billion and
approximately 63,000 employees in 47 states. At June 30, 2014,
Kindred through its subsidiaries provided healthcare services in
2,353 locations, including 97 transitional care hospitals, five
inpatient rehabilitation hospitals, 98 nursing centers, 21
sub-acute units, 153 Kindred at Home hospice, home health and
non-medical home care locations, 104 inpatient rehabilitation units
(hospital-based) and a contract rehabilitation services business,
RehabCare, which served 1,875 non-affiliated facilities. Ranked as
one of Fortune magazine’s Most Admired Healthcare Companies for six
years in a row, Kindred’s mission is to promote healing, provide
hope, preserve dignity and produce value for each patient,
resident, family member, customer, employee and shareholder we
serve. For more information, go to www.kindredhealthcare.com. You
can also follow us on Twitter and Facebook.
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Kindred Healthcare, Inc.Susan E. Moss, 502-596-7296Senior Vice
President, Marketing and Communications
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