Coastal Physician Group, Inc. Announces Appointment of Mark Pastin as Director.DURHAM, N.C.--(BUSINESS WIRE)--Aug 12, 1998--Coastal Physician Group, Inc. (NYSE NYSE See: New York Stock Exchange : DR) today announced that Mark J. Pastin, 49, President and a Director of the Council of Ethical Organizations, Inc., a non-profit institute headquartered in Alexandria, Virginia Alexandria is an independent city in the Commonwealth of Virginia. As of the 2000 census, the city had a total population of 128,284. Located along the Western bank of the Potomac River, Alexandria is approximately 6 miles (9.6 kilometers) south of downtown Washington, DC. , has been appointed to the Board of Directors. Mr. Pastin received his undergraduate degree “First degree” redirects here. For the BBC television series, see First Degree. An undergraduate degree (sometimes called a first degree or simply a degree from the University of Pittsburgh in 1970, and his Ph.D. from Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. in 1973. The Council of Ethical Organizations, established in 1980, is dedicated to practical approaches to ethical issues and has provided services to numerous organizations, including American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Tenet Healthcare, Motorola, Interim HealthCare, GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) , and J.P. Morgan, among others. Mr. Pastin also serves as President of the Health Ethics Trust, a non-profit alliance that develops and disseminates best healthcare compliance practices to hospitals, corporations and other organizations in the healthcare industry. Mr. Pastin commented, "I am pleased to join the Board of a Company firmly committed to corporate compliance throughout its history." Mr. Pastin has worked with numerous corporations and organizations to develop and implement corporate compliance programs, and has written and spoken extensively on best healthcare compliance nationally. "We are delighted that Mr. Pastin has agreed to join our Board as an independent director," stated Steven M. Scott, M.D., Chairman and Chief Executive Officer. "We believe that his extensive experience in the healthcare industry as well as his expertise in corporate compliance will be extremely valuable to the Company and we look forward to working with him on the Board." Note to Editors: Forward-looking Information or Statements: Except for statements of historical fact, statements made herein are forward-looking in nature and are inherently subject to uncertainties. The actual results of the Company may differ materially from those reflected in the forward-looking statements based on a number of important risk factors, including, but not limited to: the timing of any divestitures; the level and timing of improvements in the operations of the Company's core businesses; the possibility that the Company may not be able to improve operations or execute its strategy as planned; and other important factors discussed above under "Other Trends and Uncertainties" and disclosed from time to time in the Company's 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. , Form 10-Q Form 10-Q See 10-Q. and other Securities and Exchange Commission filings.
CONTACT: Coastal Physician Group, Inc., Durham
Charles F. Kuoni III, 919/383-0355
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