KND Kindred Healthcare, Inc. (delisted)

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 31, 2015

 

 

KINDRED HEALTHCARE, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware		001-14057		61-1323993
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(IRS Employer Identification No.)

680 South Fourth Street

Louisville, Kentucky

(Address of principal executive offices)

40202-2412

(Zip Code)

Registrant’s telephone number, including area code: (502) 596-7300

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

 

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 31, 2015, Kindred Healthcare, Inc. (the “Company”) issued a press release announcing that Benjamin A. Breier has assumed the role of President and Chief Executive Officer of the Company, effective as of such date. Mr. Breier succeeds Paul J. Diaz who was appointed Executive Vice Chairman of the Company’s Board of Directors on March 31, 2015. Mr. Breier was appointed to the Company’s Board of Directors on March 26, 2015.

Mr. Breier has served as the Company’s President since May 2012 and as Chief Operating Officer since August 2010. He served as the Company’s Executive Vice President and President, Hospital Division from March 2008 until August 2010, and as President, Rehabilitation Division from August 2005 to March 2008.

The foregoing transactions, including a description and copy of the amended employment agreements entered into by the Company and Messrs. Breier and Diaz, respectively, in connection therewith, were previously disclosed in the Company’s Current Report on Form 8-K dated October 30, 2014 (Comm. File No. 001-14057).

 

Item 8.01.

Other Events.

Incorporated by reference is a press release issued by the Company on March 31, 2015 which is attached hereto as Exhibit 99.1.

 

Item 9.01.

Financial Statements and Exhibits.

 

(d)

Exhibits

 

Exhibit 99.1		Press Release dated March 31, 2015.

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

 

				KINDRED HEALTHCARE, INC.
Date: April 1, 2015				By:		/s/ Joseph L. Landenwich
						Joseph L. Landenwich
						Co-General Counsel and Corporate Secretary

 

3

Exhibit 99.1

 

 

 

Contact:		Susan E. Moss
		Senior Vice President, Marketing and Communications
		(502) 596-7296

BENJAMIN A. BREIER SUCCEEDS PAUL J. DIAZ

AS KINDRED’S CHIEF EXECUTIVE OFFICER

LOUISVILLE, Ky. (March 31, 2015) – Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) announced that Benjamin A. Breier has assumed the role of President and Chief Executive Officer, effective today. As previously announced, Mr. Breier succeeds Paul J. Diaz, who is now Executive Vice Chairman of the Kindred Board of Directors. Mr. Breier also serves as a member of Kindred’s Board of Directors.

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.

“It is a great honor to lead Kindred, and work closely with our talented leadership team, as we continue to provide exceptional patient-centered coordinated care for patients and their families,” commented Mr. Breier. “I look forward to advancing our Mission and our management philosophy to take care of our people, take care of our customers and deliver on quality care. Together, we will pursue our Continue the Care strategy, providing the right care in the right setting across a full continuum to support recovery and wellness.”

“I’m confident that Ben’s passion and proven leadership will put Kindred at the forefront of providing innovative care solutions for a rapidly aging population,” said Phyllis R. Yale, Chair of Kindred’s Board. “Ben has put the right team in place to take the Company to the next level and create a platform that will help transform the nation’s healthcare delivery system in partnership with hospitals, health systems and payors.”

About Kindred Healthcare

Kindred Healthcare, Inc., a top-85 private employer in the United States, is a FORTUNE 500 healthcare services company based in Louisville, Kentucky with annual revenues of approximately $7.2 billion¹. At December 31, 2014, on a pro forma basis to include Gentiva and Centerre, Kindred through its subsidiaries had approximately 103,000 employees providing healthcare services in 2,872 locations in 47 states, including 97 transitional care hospitals, 16 inpatient rehabilitation hospitals, 90 nursing centers, 22 sub-acute units, 634 Kindred at Home hospice, home health and non-medical home care locations, 100 inpatient rehabilitation units (hospital-based) and a contract rehabilitation services business, RehabCare, which served 1,913 non-affiliated facilities. Ranked as one of Fortune magazine’s Most Admired Healthcare Companies for six years, 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.

 

1	Revenues were computed by combining the twelve months ended December 31, 2014 data for Kindred, Gentiva Health Services, Inc. (“Gentiva”), which was acquired by the Company on February 2, 2015, and Centerre Healthcare Corporation (“Centerre”), which was acquired by the Company on January 1, 2015.

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680 South Fourth Street        Louisville, Kentucky 40202

502.596.7300          www.kindredhealthcare.com