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AIR METHODS CORP. RE-ELECTS NATIONAL HEALTH CARE EXECUTIVES TO BOARD OF DIRECTORS

 Recently Concluded Annual Shareholders' Meeting Also
 Approves Significant Benefit Plan Recommendations
 DENVER, March 19 /PRNewswire/ -- Air Methods Corp. (AMEX: ARF.EC), the nation's largest exclusive provider of sophisticated aeromedical services and systems, today announced the results of its recently concluded 1992 annual meeting of shareholders held on March 12, 1993. Approximately 80 percent of the company's outstanding shares were represented either in person or by proxy at the meeting.
 The company's shareholders considered and approved the re- election of George W. Belsey, executive vice president of the American Hospital Association, and Samuel H. Gray, former executive vice president of the G.D. Searle Co., as Class III directors each for a term expiring at the shareholders meeting for fiscal 1996.
 In addition, the company noted that in connection with the recent closing of its $7.2 million private placement financing, Steven B. Sands was also named to the company's board in his representative capacity as chairman of the board and chief executive officer of Sands Brothers & Co. Ltd., the placement agent engaged by the company in this recently completed equity financing. Sands has held this position with Sands Brothers since November 1990. From 1988 through 1990, Sands served as managing director of Rodman Renshaw, a New York Stock Exchange member firm. From 1984 to 1988, Sands served as a managing director of Laidlaw, Adams & Peck, investment bankers. He currently serves as a member of the board of directors of Computone Corp., Biofield Corp., SPM Corp., Lois/USA, Surgicot Corp. and Sands Brothers & Co. Ltd.
 Air Methods Corp. today also announced that the company's shareholders approved a proposed amendment to increase the number of shares issuable under the Air Methods Corp. Employees' Stock Option Plan from 250,000 to 750,000 shares. In addition, the shareholders approved the proposed Equity Compensation Plan for the company's non- employee directors, as well as certain other amendments to the company's Non-Employee Director Stock Option Plan. These employee benefit plan changes allow the company to continue to attract and retain employees and non-employee directors who have experience in fields which will assist the company in its various endeavors, both at a managerial and at an operational level.
 Belsey was appointed a director of the company in December 1992. Since February 1992, Belsey has served as executive vice president, Professional Affairs, and chief operating officer of the American Hospital Association (AHA), a trade association and advocacy group for hospitals and health care organizations. As such, he is responsible for the association's activities relating to hospital operations, including medical staff affairs, nursing, health manpower, quality of care programs and hospital governance. He also serves as the AHA's executive representative to the American Medical Association, the American College of Healthcare Executives and the Joint Commission on Accreditation of Healthcare Organizations. Prior to joining the AHA, Belsey served as chief executive officer and executive director of the University of Utah Hospital and Clinics, Salt Lake City, from March 1989 to February 1992. Belsey also held various other positions at the University of Utah Hospital and Clinics from December 1983 to March 1989. He received his bachelor's degree in economics from DePauw University in Greencastle, Ind., and holds a master's degree in business administration from George Washington University, Washington.
 Gray was appointed as a director of the company in March 1991. Since 1989, he has been chief executive officer of The Morris Consulting Group Inc., a health care industry consulting firm. From 1983 to 1989, Gray served as president and chief executive officer of Kalipharma Inc., a multisource pharmaceutical company. From 1975 to 1983, Gray served as executive vice president of sales and marketing for G.D. Searle and Co. ("Searle"), responsible for pharmaceutical marketing, the consumer products division of Searle and Searle-Canada Ltd. In addition, his responsibilities included distribution, customer service, clinical research management, licensing and acquisitions, public relations and worldwide strategic marketing planning. He has served on the boards of directors of Searle, Searle-Canada Ltd., Kalipharma, Kali-Duphar Inc., the National Association of Pharmaceutical Manufacturers and the executive committee of that board. He is a past member of the National Wholesale Druggist Association's Industry Advisory Committee and has served on the Advisory Board of Pharmaceutical Executive magazine.
 Air Methods Corp. is the largest exclusive provider of state-of- the-art emergency air medical transportation systems and services to hospitals throughout the United States. Air Methods now serves 43 hospitals in 13 states under 19 dedicated long-term operating agreements. The company utilizes only IFR-certified pilots and aircraft, including 26 helicopters and five airplanes, to perform these services. In addition, Air Methods offers completely integrated airborne medical systems for administering intensive care to patients while flying to a trauma center or a tertiary care facility, either from outlying hospitals or the scene of an accident.
 -0- 3/19/93
 /CONTACT: W. Terrance Schreier, chairman and CEO, or William H. Critchfield, executive VP and CFO, of Air Methods, 303-790-0587/
 (ARF)


CO: Air Methods Corp. ST: Colorado IN: AIR HEA SU: PER

LS-JL -- DV002 -- 7760 03/19/93 08:01 EST
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Date:Mar 19, 1993
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