BENTON NAMED GRANCARE GENERAL COUNSEL
BENTON NAMED GRANCARE GENERAL COUNSEL CULVER CITY, Calif., Jan. 17 /PRNewswire/ -- GranCare Inc.
(NASDAQ: GRNC) has named Evrett W. Benton to the newly created position of executive vice president and general counsel.
His responsibilities include corporate acquisitions and other development opportunities, as well as overseeing legal and administrative activities. Formerly outside legal counsel to GranCare, Benton was instrumental in the completion of two recent major acquisitions that significantly expanded the company. He also played a key role in GranCare's initial public offering completed last October. Benton's legal career spans more than 16 years. He comes to GranCare from Andrews & Kurth, where he specialized in corporate law. He began his career with Andrews & Kurth in Houston and moved to its Los Angeles office in 1989 where he served as managing partner. "We are very pleased that Evrett will now be an integral and important senior member of our GranCare team from the inside. This is an excellent opportunity to manage our growth and 'commitment to excellence' in the health care industry," said Gene Burleson, president and chief executive officer. Benton holds a bachelor of arts degree in economics from Brigham Young University and a J.D. degree from the University of Houston Law School. He is licensed to practice law in California and Texas. GranCare operates 59 long-term health care facilities located in California, Wisconsin, Colorado, Arizona and Illinois, as well as three pharmacies. The company successfully completed its initial common stock offering of 2.7 million shares in October 1991. The company reported revenues of $111.0 million and net income of $1.8 million for the nine months ended Sept. 30, 1991. -0- 1/17/92 /CONTACT: Gene E. Burleson, president and CEO of GranCare Inc., 310-645-1555; or Craig Parsons or Kim Feazle of Rifkind Pondel & Parsons, 310-207-9300, for GranCare Inc./ (GRNC) CO: GranCare Inc. ST: California IN: HEA SU: PER
EH-JL -- LA002 -- 1019 01/17/92 13:15 EST
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|Date:||Jan 17, 1992|
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