Acadia Healthcare Announces Planned Departure of Jack Polson, EVP and CFO
July 17 2012 - 4:00PM
Business Wire
Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced
the planned departure of Jack Polson, Executive Vice President and
Chief Financial Officer, who is leaving the Company effective July
31, 2012, to pursue personal interests. David Duckworth, Acadia’s
Chief Accounting Officer, has been named Chief Financial Officer.
Mr. Duckworth joined Acadia in April 2011, after having served
since May 2010 as Director of Finance at Emdeon Inc., a leading
provider of revenue and payment cycle management and clinical
information exchange solutions, which was then a NYSE-listed
company. Previously, Mr. Duckworth was a Manager with Ernst &
Young LLP, which he joined in 2002. Among a number of healthcare
clients he served at Ernst & Young, Mr. Duckworth worked with
Psychiatric Solutions, Inc. (PSI) throughout that company’s
eight-year tenure as a public company, including a number of years
in which he served as Audit Manager.
Joey Jacobs, Chairman and Chief Executive Officer of Acadia,
remarked, “We are saddened to announce that Jack Polson is
departing Acadia, although we understand his decision to refocus
his energy on personal pursuits. Jack has done a great job for
Acadia and, previously, PSI since he joined us at PSI in 1997. We
have greatly appreciated his dedication, leadership and integrity,
and we wish him well for the future.
“As part of Jack’s development of an outstanding financial team
at Acadia, he was instrumental in bringing David Duckworth to the
Company, having worked with David in his role as a key member of
PSI’s audit team at Ernst & Young throughout PSI’s years as a
public company. Based on David’s extensive experience working with
public companies - especially public healthcare companies - as well
as our direct association with him over the years, we are confident
he will do an outstanding job as CFO of Acadia.”
Jack Polson commented, “I could not ask for a better group of
people to be associated with than my colleagues at Acadia and PSI.
They are an extended family. In the past 15 years and, in
particular, the last 18 months, we have accomplished many great
professional achievements as a team, and I have attained many of my
individual professional goals. I now want to focus on more personal
goals. I have the utmost confidence that David and the rest of our
finance team will handle this transition without missing a beat. I
will certainly continue to be available to work with the team, if
needed, to ensure the smoothest possible transition.”
About Acadia
Acadia is a provider of inpatient behavioral health care
services. Acadia operates a network of 32 behavioral health
facilities with over 2,100 licensed beds in 19 states. Acadia
provides psychiatric and chemical dependency services to its
patients in a variety of settings, including inpatient psychiatric
hospitals, residential treatment centers, outpatient clinics and
therapeutic school-based programs.
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