Community Health Systems Holds Annual Meeting of Stockholders.Business Editors/Health & Medical Writers BRENTWOOD, Tenn.--(BW HealthWire)--May 22, 2001 Community Health Systems, Inc. (NYSE NYSE See: New York Stock Exchange : CYH CYH Check Your Head (youth driven organization in Canada) CYH Consider Yourself Hugged ) held its first annual meeting of stockholders today in New York Today in New York is WNBC-TV's pre-Today newscast, also post-Today on weekends, airing from 5 AM to 7 AM weekdays with the local news cut ins being branded as such. , 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 . In the formal business conducted at the meeting, stockholders elected four directors to new three-year terms expiring with the 2004 annual meeting. Elected to three-year terms were: Robert J. Dole, former United States Senate majority leader; J. Anthony Forstmann, Managing Director of J.A. Forstmann & Co.; Harvey Klein, M.D., Professor of Clinical Medicine at Cornell University Medical College; and W. Larry Cash, Executive Vice President and Chief Financial Officer of Community Health Systems, Inc. Other directors, whose terms continue to future years, include: Wayne T. Smith, Sheila P. Burke, Theodore J. Forstmann Theodore J. Forstmann (b. 1940) is one of the founding partners of Forstmann Little & Company, a private equity firm. He is unmarried, and has no children. Forstmann is a graduate of Greenwich Country Day School, Phillips Academy, Yale University and Columbia Law School. , Dale F. Frey, Sandra J. Horbach, Thomas H. Lister and Michael A. Miles Michael A. Miles serves on the board of directors of Time Warner, Sears Holdings Corporation, Dell Inc., AMR Corporation, and Citadel Broadcasting Corporation. Previously he was the chief executive officer of Kraft Foods and Philip Morris Companies. . In other action at the meeting, stockholders ratified the selection of Deloitte & Touche LLP LLP - Lower Layer Protocol as independent auditors for the year ending December 31, 2001. Separately, in his remarks to stockholders concerning the Company's operations in 2000, Wayne T. Smith, chairman, president and chief executive officer of Community Health Systems, Inc., commented, "By every measure, the year 2000 was an outstanding year for Community Health Systems. We had the strongest growth in our industry as reflected by increased admissions and revenues and improved same hospitals' operating margins. Most importantly, we expanded healthcare services in the communities we serve. We are very pleased with our performance to date and look forward to the many exciting opportunities before us to continue to deliver exceptional value to our stockholders." Community Health Systems, Inc., a leading provider of non-urban acute healthcare services, currently owns or operates 52 hospitals across 20 states. These facilities, together with their medical staffs, provide a wide range of inpatient and outpatient acute care services and a variety of specialty services. |
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