Printer Friendly
The Free Library
19,585,452 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Allied Healthcare International Appoints Ann Thornburg and Sophia Corona to Its Board of Directors.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Allied Healthcare International Inc. (Nasdaq: AHCI AHCI Advanced Host Controller Interface
AHCI Art and Humanities Index
), (AIM: AHI AHI,
n.pr See Aviation Health Institute.
), a leading provider of flexible healthcare staffing services in the United Kingdom, has appointed Ann Thornburg and Sophia Corona to its Board Of Directors. Ms. Thornburg and Ms. Corona will also join the Audit Committee and will bring the number of Board Members to ten.

Ann Thornburg, 57, has spent over 30 years with PricewaterhouseCoopers in a variety of senior client service and management positions, including 24 years as a partner. She was an audit partner serving major health care clients of the Firm, and also served as a financial advisor for health care mergers, hospital construction and bond financing projects. As a member of management at PricewaterhouseCoopers, she led the Health Care and Consumer and Industrial Products industry practices in Boston and the Northeast. Ms. Thornburg was also elected to serve as a member of the Firm's U.S. Board of Partners and Principals from 2001-2005.

Ms. Thornburg is active in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt.  community affairs and has been a member of several professional associations, including an Overseer and Member of the Audit and Finance Committees at the Boston Children's Hospital A children's hospital is a hospital which offers its services exclusively to children. The number of children's hospitals proliferated in the 20th century, as pediatric medical and surgical specialties separated from internal medicine and adult surgical specialties.  Medical Center, Board member and former President of the Goddard House Nursing Home and Assisted Living as·sist·ed living
n.
A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication.
 Facilities, and a member of the Mayor's (Boston) and the Governor's (Massachusetts) Health Care Task Force. She has a Bachelors of Business Administration from the University of Wisconsin (Eau Claire Eau Claire (ō klâr), city (1990 pop. 56,856), seat of Eau Claire co., W central Wis., on the Chippewa at the mouth of the Eau Claire River, in a hilly lake region; inc. 1872. ) and a Masters of Business Administration from Boston University Boston University, at Boston, Mass.; coeducational; founded 1839, chartered 1869, first baccalaureate granted 1871. It is composed of 16 schools and colleges. . Ann is a licensed Certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 in Massachusetts.

Sophia Corona, 42, has over 20 years of high-level management experience and is a recognized leader in the Private Equity Community. She currently serves as a strategic financial consultant and over the past ten years has guided several companies through early stage development to successful exit strategies. She most recently served as the Chief Financial Officer of Bigfoot Interactive, where she assisted in the negotiation and approval of the acquisition of Bigfoot by Epsilon Interactive. Ms. Corona also has significant experience in the Hotel industry, including leading the accounting team at Ian Schrager Hotels, N.Y, where she was personally recruited by Mr. Schrager.

Ms. Corona serves on a number of non-profit boards, including Boardroom Bound as Treasurer, Women's Leadership Exchange's Executive Advisory Committee, and previously the Network of Executive Women in Hospitality where she was Fundraising Chair and Vice President of the New York Chapter. Ms. Corona received her Bachelors of Science in Accounting from Brooklyn College, NY.

"I would like to welcome our new board members. Their professional experience, expertise, and "new eyes" to this company and the opportunity it offers are most timely," said Chairman and Chief Executive Officer, Timothy M. Aitken.

ABOUT ALLIED HEALTHCARE INTERNATIONAL INC.

Allied Healthcare International Inc. (http://www.alliedhealthcare.com) is a leading provider of flexible healthcare staffing services in the United Kingdom. Allied operates a community-based network of approximately 100 branches with the capacity to provide carers (known as home health aides in the U.S.), nurses, and specialized medical personnel to locations covering approximately 90% of the U.K. population. Allied meets the needs of Private Patients, Community Care, Nursing Homes and Hospitals. The company also supplies medical-grade oxygen in the form of cylinders and concentrators to patients in the U.K.

FORWARD-LOOKING STATEMENTS

Certain statements contained in this news release may be forward-looking statements. These forward-looking statements are based on current expectations and projections about future events. Actual results could differ materially from those discussed in, or implied by, these forward-looking statements. Factors that could cause actual results to differ from those implied by the forward-looking statements include: Allied's ability to continue to recruit and retain qualified flexible healthcare staff; ability to enter into contracts with hospitals and other healthcare facility customers on terms attractive to Allied; the general level of patient occupancy at hospital and healthcare facilities of Allied's customers; the ability to successfully implement acquisition and integration strategies; dependence on the proper functioning of Allied's information systems; the effect of existing or future government regulation of the healthcare industry, and ability to comply with these regulations; the impact of medical malpractice Improper, unskilled, or negligent treatment of a patient by a physician, dentist, nurse, pharmacist, or other health care professional.  and other claims asserted against Allied; the effect of regulatory change that may apply to Allied and that may increase costs and reduce revenue and profitability; the ability to use net operating loss operating loss

The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income.
 carry forwards to offset net income; and the impairment of goodwill, of which Allied has a substantial amount on the balance sheet, may have the effect of decreasing earnings or increasing losses. Other factors that could cause actual results to differ from those implied by the forward-looking statements in this press release include those described in Allied's most recently filed SEC documents, such as its most recent annual report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
, all quarterly reports on form 10-Q Form 10-Q

See 10-Q.
 and any current reports on Form 8-K Form 8-K

The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock.


Form 8-K

See 8-K.
 filed since the date of the last Form 10-K. Allied undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 21, 2006
Words:839
Previous Article:SUPERVALU INC. Announces Final Results of Offer to Purchase 7.25% Hybrid Income Term Security Units.
Next Article:Waters Corporation to Acquire Environmental Resource Associates, Inc. (ERA), Leader in Environmental Laboratory Proficiency Testing.
Topics:



Related Articles
People in the News.
Personals.
Turning technology risks into opportunities. (District plus: tips and ideas for successful district leadership).
Career.
Career moves.
MARROW MATCH COULD SAVE AMAZING GIRL.
BOARD MOVE RAISES CONCERN MANEUVER MADE TO SHIFT CONTROL.
BUSINESS BEAT.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles