Performant Announces Medical Leave of Absence of Chief Financial Officer
July 13 2017 - 6:30AM
Performant Financial Corporation (Nasdaq:PFMT), a leading provider
of technology-enabled recovery and related analytics services in
the United States, today announced that Hakan Orvell, Chief
Financial Officer, has taken a leave of absence, effective
immediately, due to a health condition. During the leave of
absence, Lisa Im, Chief Executive Officer, and Ian Johnston, Chief
Accounting Officer, will assume Mr. Orvell's management duties
while remaining in their current positions.
“On behalf of the Board and entire Company, I want
to thank Hakan for his tireless contributions, leadership, and
unwavering commitment. I am proud to have worked with Hakan over
the past 10 years and I wish him the best as he deals with his
health challenge,” said Im.
About Performant Financial
Corporation
Performant helps government and commercial
organizations enhance revenue and contain costs by preventing,
identifying and recovering waste, improper payments and defaulted
assets. Performant is a leading provider of these services in
several industries, including healthcare, student loans and
government. Performant has been providing recovery audit services
for more than nine years to both commercial and government clients,
including serving as a Recovery Auditor for the Centers for
Medicare and Medicaid Services.
Powered by a proprietary analytic platform and
workflow technology, Performant also provides professional services
related to the recovery effort, including reporting capabilities,
support services, customer care and stakeholder training programs
meant to mitigate future instances of improper payments. Founded in
1976, Performant is headquartered in Livermore, California.
CONTACT:
Richard Zubek
Investor Relations
925-960-4988
investors@performantcorp.com
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