AMN Healthcare Announces CFO Transition
October 01 2024 - 8:15AM
AMN Healthcare Services, Inc. (NYSE: AMN) (“AMN” or “the Company”),
the leader and innovator in total talent solutions for healthcare
organizations across the United States, today announced that
Jeffrey Knudson will step down from his role as Chief Financial
Officer, effective November 8, 2024, to pursue an opportunity with
a private company outside of the healthcare staffing industry.
AMN expects to announce a new leader in an expanded Chief
Financial Officer/Chief Operating Officer position prior to Mr.
Knudson’s departure.
Cary Grace, President and Chief Executive Officer of AMN, said,
"On behalf of the AMN Board and management team, I want to thank
Jeff for his leadership of our finance organization. He played an
important role guiding AMN through a wide range of market
conditions over his three years as our CFO. We wish him success in
his new position."
Mr. Knudson said, "It has been an honor to be part of AMN and I
have full confidence in the team’s capabilities. I believe the
Company is well positioned to capitalize on the opportunities that
lie ahead."
Reaffirms Third Quarter 2024 Outlook
AMN today reaffirmed its financial guidance for the third
quarter 2024, which the Company provided in connection with the
announcement of its second quarter 2024 financial results on August
8, 2024.
AMN will report its third quarter 2024 financial results on
November 7, 2024.
About AMN Healthcare
AMN Healthcare is the leader and innovator in total talent
solutions for healthcare organizations across the United States.
Through a steadfast partnership approach, we solve the most
pressing workforce challenges to enable better clinical outcomes
and access to care. We provide a comprehensive network of quality
healthcare professionals and deliver a fully integrated and
customizable suite of workforce technologies.
The Company’s common stock is listed under the symbol “AMN” on
the New York Stock Exchange. For more information about AMN
Healthcare, visit www.amnhealthcare.com, where the Company posts
news releases, investor presentations, webcasts, SEC filings and
other material information. The Company also utilizes email alerts
and Really Simple Syndication (“RSS”) as routine channels to
supplement distribution of this information. To register for email
alerts and RSS, visit http://ir.amnhealthcare.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. Forward-looking statements include, among others,
statements concerning the timing of Mr. Kundson’s departure from
the Company, the timing of an interim or permanent successor, our
third quarter 2024 financial guidance, including consolidated and
segment revenue, consolidated gross margin, operating margin,
SG&A as a percent of revenue, adjusted EBITDA margin,
depreciation expense, non-cash amortization expense, share-based
compensation expense, integration and other expenses, interest
expense, adjusted tax rate, and number of diluted shares
outstanding. The Company bases these forward-looking statements on
its current expectations, estimates and projections about future
events and the industry in which it operates using information
currently available to it. Actual results could differ materially
from those discussed in, or implied by, these forward-looking
statements. Forward-looking statements are also identified by words
such as “believe,” "project," “anticipate,” “expect,” “intend,”
“plan,” “will,” “may,” “estimates,” variations of such words and
other similar expressions. In addition, any statements that refer
to expectations, projections or other characterizations of future
events or circumstances are forward-looking statements.
For a discussion of additional risk factors and a more complete
discussion of some of the cautionary statements noted above that
could cause actual results to differ from those implied by the
forward-looking statements contained in this press release, please
refer to our most recent Annual Report on Form 10-K for the year
ended December 31, 2023. Be advised that developments subsequent to
this press release are likely to cause these statements to become
outdated and the Company is under no obligation (and expressly
disclaims any such obligation) to update or revise any
forward-looking statements whether as a result of new information,
future events, or otherwise.
Media ContactCorporate CommunicationsAMN
HealthcareAMN-PR@amnhealthcare.com
Investor ContactRandle ReeceSenior Director,
Investor Relations & StrategyAMN Healthcare(866)
861-3229ir@amnhealthcare.com
AMN Healthcare Services (NYSE:AMN)
Historical Stock Chart
From Nov 2024 to Dec 2024
AMN Healthcare Services (NYSE:AMN)
Historical Stock Chart
From Dec 2023 to Dec 2024