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NASHVILLE, Tenn.--(BUSINESS WIRE)--Oct. 16, 1997--Renal Care Group, Inc. (Nasdaq/NM:RCGI) today announced that Harry R. Jacobson, M.D., will step down as Chairman of the Board of Renal Care Group and will assume the position of Vice Chancellor of Medical Affairs at Vanderbilt University.
Dr. Jacobson, a co-founder of Renal Care Group, will remain as a Director and will continue to provide advice and counsel to the Company. With the unanimous approval of the Company's Board of Directors, Sam A. Books will assume the post of Chairman of the Board in addition to his responsibilities as President and Chief Executive Officer.
Regarding Dr. Jacobson's appointment, Mr. Brooks said, "Harry Jacobson's contributions to the advancement of academic medicine have afforded him this unique opportunity to guide one of the country's most prestigious medical centers. Although Dr. Jacobson will relinquish his title as Chairman, he will continue to be instrumental in helping Renal Care Group to achieve its strategic objectives. Dr. Jacobson's vision and guidance have been key elements in the success of our company, and the Board is very pleased that we will continue to have the benefit of his counsel."
"The patients we serve, the dedicated employees of our company and our many shareholders could not have a finer or more capable Chairman than Sam Brooks. Under his leadership as President and Chief Executive Officer, Renal Care Group has emerged as the leading physician-driven nephrology services company in the United States," said Dr. Jacobson.
Renal Care Group, Inc. is a nephrology services company that was founded in June 1995 to focus on the provision of care to patients with kidney disease, including patients suffering from chronic kidney failure. The Company currently provides dialysis and ancillary services to approximately 6,800 patients through 104 outpatient dialysis centers in 15 states, in addition to providing acute dialysis services in 58 hospitals. |
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