Troubled Health Company's New CFO Targeting Growth
Fountain View Inc., the troubled Burbank-based health care company, has named John Harrison chief financial officer, a move that completes a management shakeup.
Harrison arrives as the company tries to emerge from Chapter 11 bankruptcy protection. Three other new senior management executives, including Chief Executive Boyd Hendrickson, have been hired since the bankruptcy filing last October.
The Burbank-based company, which operates 43 skilled nursing and six assisted living facilities in California and Texas, got hit last year with a hike in liability insurance rates and a dispute with the federal government over Medicare. That prompted it to default on over $200 million in debt incurred after a 1998 merger. It also was hit with a $6.1 million judgment resulting from the death of a resident at one of its homes.
Currently, Fountain View is appealing the judgment while also discussing settlement agreements with the plaintiffs, Harrison said.
Hendrickson said Fountain View's operating results were ahead of target for the first quarter and he foresees coming out of bankruptcy protection at the end of the first quarter of 2003. "I think we are on track for about nine months," he said.
In the future, Harrison said the company is looking to grow through "selective acquisitions."
"We have a solid management team, which is a good way to get things off the ground. Our cash flow is looking good and in the future, we hope to see that continue," he said.
Previously, Harrison, 42, spent 19 years at Beverly Enterprises Inc., the Fort Smith, Ark.-based long-term care firm with more than 500 facilities in 38 states. He most recently held the post of vice president-finance of its Beverly Care Alliance subsidiary.
Harrison, who is a graduate of Old Dominion University in Virginia, is married with two boys, ages 7 and 11.
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Antoinette Bunkley and Julie Root have become associate partners in Zimmer Gunsul Frasca Partnership's Los Angeles office. Bunkley joined the firm in 2000 and served as project manager for the programming of Psychology Building 1 at the University of California, Riverside. Root joined the firm in 1996 and was an adviser for the California Science Center Phase II World of Ecology facility at Exposition Park. The firm also named Claus Best, Stephen Brown, Eric Hammerlund, Mauricio Ortega, Steven Park, Craig Rizzo and James Woolum as associates.
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J.C. Flores has been named director of national communications for the Mexican American Legal Defense and Educational Fund. Most recently, Flores worked as a publicist for KCET-TV.
John Nackel was named chairman and chief operating officer of Sertan, an employment consulting firm. His responsibilities will include building Sertan's market share and managing its health care division. Prior to joining Sertan, Nackel was with Ernst & Young and Cap Gemini Ernst & Young for 25 years.
Lawrence Lokman has been appointed vice chancellor of university communications at UCLA. Lokman will be responsible for overseeing internal and external communications for UCLA. Previously, Lokman was vice president of Rogers & Associates.
Shawn Holiday has been appointed creative director of EMI Music Publishing. Holiday will sign writers and producers to the EMI Music Publishing Co. and work closely with writers already signed to the label. Previously, Holiday worked in the creative department of Windswept Pacific Music Publishing.
Jennifer Simpson has been appointed president of Type A Films. In this position, Simpson will oversee acquisition, development and production of all projects for the company.
Val Maki-Candido and Tim Pohlman have been elected chairman and vice chairman, respectively, of the Southern California Broadcasters Association's board for the coming fiscal year. Currently, Maki-Candido is the senior vice president and marketing manager for KPWR/KZLA Los Angeles and Pohlman is the vice president and general manager of KTWV Los Angeles.
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Jeannie Edfort, Steven Hepburn, Carole Smith and G. Michael Smyth have been named senior directors of business development for VivoMetrics Inc. Edfort had been an account executive for Covance Central Laboratory, Hepburn a director of global customer relationship management at Quintiles Inc., Smith a global director for Kendle International Inc. and Smyth the director of business development at Premier Research of SCP.
Michael Cypers has been named a shareholder to Heller Ehrman White & McAuliffe's Los Angeles office. Previously, Cypers was a partner in Alschuler Grossman Stein & Kahan's securities litigation practice.
Darryl Cordero has joined Steptoe & Johnson LLP as a partner. Prior to joining the firm, he was with the Los Angeles office of Foley & Lardner.
Joseph Park has joined the Los Angeles office of Fulbright & Jaworski LLP as a senior associate in general civil litigation. Prior to joining Fulbright, Park was an associate with LeBoeuf, Lamb, Green & MacRae.
Sally Lockett has been appointed account manager for Quorum Litigation Services in Southern California, Nevada, Arizona and New Mexico. Based in Los Angeles, she will be responsible for business development and managing law firm and corporate clients.
Joan Kupersmith Larkin and Chris Larkin have joined Seyfarth Shaw following the dissolution of their intellectual property firm, Small Larkin. At Seyfarth Shaw, the Larkins, along with former Small Larkin partner Ken Wilton and associate Jill Jacobs, will establish an intellectual property presence in Southern California.
Michael Small has joined Akin, Gump, Strauss, Hauer & Feld LLP as senior counsel. Small is a former Justice Department official who most recently served as chief counsel to the ACLU of Southern California.
Marketing & P.R.
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Jonathan Weiss has been elected senior vice president of Marcus & Millichap. Weiss, regional manager of the firm's Encino office, joined the firm in 1989 and became first vice president in April.
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Justin Chris-Tensen has been promoted to vice president and general manager of TelePacific Communication's Telepartner Program, Southern California region. He will oversee administrative and sales activities in the region and help develop customer service programs. Previously, Chris-Tensen was the company's vice president of marketing and product development.
Patricia Diaz Dennis has been named senior vice president at SBC Pacific Bell, overseeing all regional and labor litigation/arbitration, state regulatory issues and external affairs for SBC Pacific Bell/Nevada Bell. Dennis previously served as senior vice president of public affairs and special projects.
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