CFO Karl Wagner to Become Anesthesia Group President; Vivian LopezBlanco to Become CFO
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--May. 7, 2009--
MEDNAX, Inc. (NYSE:MD) today announced a management transition plan that
will lead to the promotions of its Chief Financial Officer, Karl B.
Wagner, to the newly created position of President of the Company’s
American Anesthesiology operating group, and MEDNAX’s Treasurer, Vivian
LopezBlanco, to Chief Financial Officer. The transition is expected to
be completed by the end of 2009.
The management transition is a progression of the Company’s development
under a holding company structure that included its name change from
Pediatrix Medical Group, Inc., at the beginning of 2009, to reflect the
Company’s growth in anesthesia physician services to accompany its
traditional neonatal, maternal fetal and pediatric subspecialty services.
Mr. Wagner, 43, will lead the development of American Anesthesiology as
a national group practice of anesthesiologists and advanced practice
anesthetists, as well as administrative infrastructure that will be
required to support the group’s clinical activities. American
Anesthesiology currently includes more than 450 anesthesiologists and
advanced practice anesthetists who provide patient care at acute-care
hospitals, ambulatory surgery centers, physician offices and pain
management centers in northern Virginia, Atlanta, Georgia, and Raleigh,
North Carolina.
Mr. Wagner joined Pediatrix in 1997 as Controller, and was promoted to
Chief Financial Officer in 1998. Prior to joining Pediatrix, he was
Chief Financial Officer for the East Region of Columbia/HCA’s Ambulatory
Surgery Group.
Ms. LopezBlanco, 51, joined MEDNAX in May 2008 as Treasurer. She was
Chief Financial Officer of Carrols Corporation’s Hispanic Restaurants
Division, which includes the Pollo Tropical and Taco Cabana concepts,
and had combined annual revenue of more than $400 million in 2007. Ms.
LopezBlanco joined Pollo Tropical in 1997 as Controller and was promoted
to CFO in 1998. She led the Company through its acquisition by Carrols.
Prior to Pollo Tropical, Ms. LopezBlanco was with the accounting firm of
Arthur Andersen.
About MEDNAX
MEDNAX, Inc., is a national medical group that comprises the nation’s
leading provider of neonatal, maternal-fetal and pediatric physician
subspecialty services as well as anesthesia services. Physicians and
advanced practitioners practicing as part of MEDNAX are reshaping the
delivery of care within their specialties and subspecialties, using
evidence-based tools, continuous quality initiatives and clinical
research to enhance patient outcomes and provide high-quality,
cost-effective care. Pediatrix Medical Group, a unit of MEDNAX, was
founded in 1979 and now includes neonatal physicians who provide
services at more than 250 neonatal intensive care units, who collaborate
with affiliated maternal-fetal medicine, pediatric cardiology and
pediatric intensivist physician subspecialists to provide a clinical
care continuum. Pediatrix is also the nation’s largest provider of
newborn hearing screens. In 2007, the Company expanded into anesthesia
services. Today, American Anesthesiology includes more than 450
anesthesiologists and advanced practitioners. MEDNAX, through its
affiliated professional corporations, employs more than 1,275 physicians
in 32 states and Puerto Rico. Additional information is available at www.mednax.com.
Certain statements and information in this press release may be
deemed to contain forward-looking statements which may include, but are
not limited to, statements relating to our objectives, plans and
strategies, and all statements (other than statements of historical
facts) that address activities, events or developments that we intend,
expect, project, believe or anticipate will or may occur in the future.
These statements are often characterized by terminology such as
“believe”, “hope”, “may”, “anticipate”, “should”, “intend”, “plan”,
“will”, “expect”, “estimate”, “project”, “positioned”, “strategy” and
similar expressions, and are based on assumptions and assessments made
by MEDNAX’s management in light of their experience and their perception
of historical trends, current conditions, expected future developments
and other factors they believe to be appropriate. Any forward-looking
statements in this press release are made as of the date hereof, and
MEDNAX undertakes no duty to update or revise any such statements,
whether as a result of new information, future events or otherwise.
Forward-looking statements are not guarantees of future performance and
are subject to risks and uncertainties. Important factors that could cause
actual results, developments, and business decisions to differ
materially from forward-looking statements are described in MEDNAX’s
most recent Annual Report on Form 10-K and its Quarterly Reports on Form
10-Q, including the sections entitled “Risk Factors”, as well MEDNAX’s
current reports on Form 8-K, filed with the Securities and
Exchange Commission.
Source: MEDNAX, Inc.
MEDNAX, Inc., Fort Lauderdale
Bob Kneeley, Director, Investor
Relations, 954-384-0175, x-5300
bob_kneeley@mednax.com