Brian McKeon Joins athenahealth Board of Directors
September 05 2017 - 8:00AM
athenahealth, Inc. (NASDAQ:ATHN) a leading provider of
network-enabled services for hospitals and physician groups, today
announced the appointment of Brian McKeon, current IDEXX
Laboratories, Inc. (NASDAQ:IDXX) chief financial officer, to its
Board of Directors. In addition to joining the Board, Mr. McKeon
will serve on the Audit Committee. With Mr. McKeon, the
athenahealth Board has been expanded to 10 members.
“Brian is a proven leader with significant management and
financial experience across operationally complex and high growth
companies,” said Dev Ittycheria, chair of the Nominating and
Corporate Governance Committee of the Board. “Brian’s expertise
spans multiple industries, including healthcare and technology, and
after an extensive search, we are excited to welcome him to the
Board. We believe his appointment will further strengthen the
Board’s breadth of talent and skills.”
Mr. McKeon currently serves as executive vice president, chief
financial officer, and treasurer at IDEXX, a rapidly growing animal
health diagnostic and information technology-based company with
annual revenue of $1.8 billion. In this role, he leads IDEXX’s
finance, business development, and worldwide operations
functions. Prior to his appointment as CFO, Mr. McKeon served
on the IDEXX board of directors, including as the chair of the
Audit Committee and as a member of the Compensation Committee.
“Brian’s successful record in managing the transformation of
high growth, global companies will be valuable as we advance our
own new chapter of profitable growth and innovation,” said Jonathan
Bush, CEO of athenahealth. “We believe Brian’s expertise,
especially in driving operational focus and profitability, will
support the strategic initiatives we have underway to accelerate
value creation across the athenahealth business and work toward our
mission to become healthcare’s first platform company.” “I am
honored to join the athenahealth Board and believe my perspective
will contribute to the company’s financial and operational
transformation,” said Mr. McKeon. “I am eager to work with
the Board and management team to drive these important and positive
changes to enhance value creation at athenahealth.”
Prior to IDEXX, Mr. McKeon served as executive vice president of
Iron Mountain Incorporated from April 2007 to December 2013 and as
Iron Mountain’s chief financial officer from April 2007 to October
2013. Mr. McKeon also served as executive vice president and chief
financial officer of The Timberland Company from March 2000 to
April 2007. From 1991 to 2000, Mr. McKeon held several finance and
strategic planning positions with PepsiCo Inc., serving most
recently as vice president, finance at Pepsi-Cola, North America.
Mr. McKeon holds a BS degree in accounting from the University of
Connecticut and an MBA with high distinction from Harvard
University.
About athenahealth, Inc.
athenahealth partners with hospital and ambulatory clients to
drive clinical and financial results. We offer medical record,
revenue cycle, patient engagement, care coordination, and
population health services. We combine insights from our network of
100,000 providers and 98 million patients with deep industry
knowledge and perform administrative work at scale. For more
information, please visit www.athenahealth.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including statements regarding management’s expectations
to advance value creation across the athenahealth business and to
become healthcare’s first platform company; management’s
expectations for future financial and operational performance,
expected growth, and business outlook; and statements regarding
management’s expectations to drive value creation. Forward-looking
statements may be identified with words such as “will,” “may,”
“expect,” “plan,” “anticipate,” “upcoming,” “believe,” “estimate,”
or similar terminology, and the negative of these terms.
Forward-looking statements are not promises or guarantees of future
performance, and are subject to a variety of risks and
uncertainties, many of which are beyond our control, which could
cause actual results to differ materially from those contemplated
in these forward-looking statements. These risks and uncertainties
include: our highly competitive industry and our ability to compete
effectively and remain innovative; the development of the market
for cloud-based healthcare information technology services; changes
in the healthcare industry and their impact on the demand for our
services; our ability to successfully recruit qualified new
executive and board talent and to manage our management transition;
our ability to maintain consistently high growth rates due to
lengthening customer sales cycles; the impact of changes in our
business model and structure; our ability to successfully implement
operational and leadership initiatives; our ability to effectively
manage our growth; our ability to protect our intellectual
property; current and future litigation, including for intellectual
property infringement; our dependence on third-party providers;
risks and costs associated with our worldwide operations; our
ability to attract and retain highly-skilled employees; our
fluctuating operating results; our ability to retain our clients
and maintain client revenue; our tax liability; our variable sales
and implementation cycles; the timing at which we recognize certain
revenue and our ability to evaluate our prospects; defects and
errors in our software or services, or interruptions or damages to
our systems or those of third parties on which we rely; a data
security breach; limitations on our use of data; the effect of
payer and provider conduct; the failure of our services to provide
accurate and timely information; changing government regulation and
the costs and challenges of compliance; the potential for illegal
behavior by employees or subcontractors; and the price volatility
of our common stock. Forward-looking statements speak only as of
the date hereof and, except as required by law, we undertake no
obligation to update or revise these forward-looking statements.
For additional information regarding these and other risks faced by
us, refer to our public filings with the Securities and Exchange
Commission (“SEC”), available on the Investors section of our
website at www.athenahealth.com and on the SEC’s website at
www.sec.gov.
Contact Info:
Dana Quattrochi
athenahealth, Inc. (Investors)
investorrelations@athenahealth.com
617-402-1329
Holly Spring
athenahealth, Inc. (Media)
media@athenahealth.com
617-402-1631
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