Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 25, 2016, the Board of Directors of Press Ganey Holdings, Inc. (the “Company”) appointed John P. Driscoll and John Glaser, Ph.D., to serve as members of the Board of Directors. Mr. Driscoll was also appointed to serve on the Audit Committee of the Board of Directors, effective May 20, 2016. Mr. Driscoll and Dr. Glaser, will receive compensation in accordance with the Company’s compensation arrangements for non-management directors.
John P. Driscoll
. Mr. Driscoll currently serves as Chief Executive Officer and a member of the board of directors of CareCentrix, Inc., an at-home healthcare company, positions he has held since June 2013. Prior to that, Mr. Driscoll served as President at Castlight Health, Inc., a health-care technology company, from July 2012 to June 2013. From June 2003 to April 2012, Mr. Driscoll was employed by Medco Health Solutions, Inc. (“Medco”), a pharmacy benefits management company, in a variety of leadership positions. Beginning in February 2008, Mr. Driscoll served as Group President for new markets at Medco and led product development for Medco’s employer and health plan clients. Mr. Driscoll earned a B.A. and M.B.A. from Harvard University, as well as an M. Phil from Cambridge University in England. Mr. Driscoll was selected as a director for his operational knowledge and executive leadership experience in the healthcare industry.
John Glaser, Ph.D.
Dr. Glaser currently serves as Senior Vice President, Population Health, at Cerner Corporation, a company that supplies health information technology solutions, services, devices and hardware, a position he has held since February 2015. Prior to that, Dr. Glaser served as Chief Executive Officer of Siemens Health Services, the health information technology business unit of Siemens AG, from August 2010 until Siemens Health Services’ acquisition by Cerner Corporation. Previously, Dr. Glaser served as Vice President and Chief Information Officer at Partners HealthCare, Inc., a non-profit hospital and physicians network, from July 1995 to August 2010. Dr. Glaser currently serves on the board of directors of several private companies. Dr. Glaser holds a B.A. in Mathematics from Duke University and a Ph.D. in Health Care Information Systems from the University of Minnesota – Twin Cities. Dr. Glaser’s knowledge of health information and board experience led to the conclusion that Dr. Glaser should serve as a director of the Company.
There was no arrangement or understanding pursuant to which Mr. Driscoll or Dr. Glaser was elected as a director. There are no related party transactions between the Company and Mr. Driscoll or Dr. Glaser. A copy of the Company’s press release announcing the appointment of Mr. Driscoll and Dr. Glaser is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.