Chemed Names McNamara CEO; Hutton Remains Chairman; Additional Promotions Announced.Business Editors CINCINNATI--(BUSINESS WIRE)--May 22, 2001 The Board of Directors of Chemed Corporation (NYSE NYSE See: New York Stock Exchange :CHE) has named President Kevin J. McNamara, 48, to the additional post of Chief Executive Officer of the company. Edward L. Hutton, 82, remains active as Chairman of Chemed. In addition, the Board promoted Sandra E. Laney, 57, to an Executive Vice President and David J. Bauer, 39, to an Assistant Vice President of the company. Mr. Hutton has served Chemed as its Chief Executive Officer since its initial public offering in 1971. A director of Chemed and Omnicare Inc. (NYSE:OCR OCR in full optical character recognition Scanning and comparison technique intended to identify printed text or numerical data. It avoids the need to retype already printed material for data entry. ), Mr. Hutton is also the Chairman of Omnicare. Mr. McNamara joined Chemed as a staff attorney in 1980 and was elected Vice President, General Counsel, and Secretary in 1986. In 1992, he was promoted to Vice Chairman of Chemed and in 1993, to Executive Vice President, while retaining the titles of General Counsel and Secretary. Mr. McNamara was elected President of Chemed in 1994. Mr. McNamara holds a bachelor's degree from Denison University and earned his J.D. from Cornell Law School The Cornell Law School was formally opened in 1887, but was moved to its present-day location at Myron Taylor Hall in 1937. The law school building, an ornate, Gothic structure, was the result of a donation by Myron Charles Taylor, a former CEO of US Steel, and a member of the Cornell . Ms. Laney joined Chemed in 1974 and was elected an Assistant Vice President of the company in 1982. She was promoted to a Vice President in 1984 and Senior Vice President in 1993. She acquired the additional responsibilities of Chief Administrative Officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive in 1991 and continues in that capacity. Ms. Laney holds a bachelor's degree from Thomas More College Thomas More College may refer to: Australia
Mr. Bauer joined Chemed's former DuBois Chemicals subsidiary as a staff accountant in 1985 and was promoted to Senior Accountant in 1989. He transferred to Chemed headquarters in 1990 and was promoted to Assistant Manager of Financial/Benefits Administration. He continues in that capacity. Mr. Bauer holds a bachelor's degree in accounting from the University of Cincinnati The University of Cincinnati is a coeducational public research university in Cincinnati, Ohio. Ranked as one of America’s top 25 public research universities and in the top 50 of all American research universities,[2] . Chemed Corporation (www.chemed.com), headquartered in Cincinnati, is a 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 Stock Exchange-listed corporation with strategic positions in plumbing and drain cleaning; residential appliance and air-conditioning repair; and home healthcare services. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion