LOUISVILLE, Ky.–(BUSINESS WIRE)–Kindred Healthcare, LLC (“Kindred” or the “Company”) today announced that Joel Day has been appointed Chief Financial Officer, effective January 1, 2021. Mr. Day currently serves as Senior Vice President and Operations Chief Financial Officer, responsible for overseeing all strategic finance work for the enterprise. Mr. Day will succeed current CFO John Lucchese, who is retiring after nearly 25 years of service to Kindred at the end of the year.
Benjamin A. Breier, Kindred’s President and Chief Executive Officer, said, “Joel is a proven leader with significant finance expertise and deep knowledge of our company and industry. Having served in both financial and operational leadership roles over his 27 years at Kindred, Joel has a unique and broad perspective of our operations and portfolio evolution. In his current role, Joel has successfully led initiatives to enhance productivity and realize efficiencies across our organization. I look forward to working closely with him as he leads Kindred’s finance activities.”
Mr. Day said, “I am honored to be appointed Chief Financial Officer at this important time in Kindred’s history, as we continue to respond to challenges posed by the COVID-19 pandemic and transform our portfolio to best position the Company for the future. Kindred’s strong execution and financial and operational discipline have enabled us to continue delivering strong results. I look forward to working with Ben, the rest of the leadership team, and the talented finance organization to build on Kindred’s strong foundation, continue to enhance our financial positioning, and drive outstanding results.”
The Company also announced that Todd Flowers, Senior Vice President, Corporate Finance and Treasurer, will continue as Treasurer and assume additional responsibilities as Chief Financial Officer, Strategy and Support Services; and Julie Viers, Vice President and Controller, has been promoted to Chief Accounting Officer. These appointments also are effective January 1, 2021.
Mr. Breier continued, “Todd has played a central role in overseeing our financial planning and business development activities in roles of increasing responsibility since he joined Kindred in 2014. Similarly, Julie has been an invaluable contributor and earned a reputation for her financial expertise during her more than two decades with the Company. I look forward to continuing to benefit from their insights as they move into their new roles.”
Mr. Breier concluded, “Since assuming the role of Chief Financial Officer in 2018, John has been a true partner to me, playing a key role in overseeing our financial planning, reporting, and shared services; as well as leading re-financings to further strengthen the Company’s balance sheet. We thank John for his hard work and innumerable accomplishments, and wish him all the best in his retirement.”
Mr. Lucchese said, “My 25 years at Kindred have been some of the most rewarding of my life. I feel deeply privileged to have worked alongside talented colleagues who are deeply committed to our mission of helping patients reach their highest potential for health and healing. I am proud of the strides we have made to further enhance Kindred’s financial flexibility since becoming a private company, as well as the strong results we have delivered amid rapid changes in our industry and an unprecedented global health crisis. I know the Company will build on our considerable success under the guidance of Ben, Joel and the rest of the leadership team.”
About Kindred Healthcare
Kindred Healthcare, LLC is a healthcare services company based in Louisville, Kentucky with annual revenues of approximately $3.1 billion(1). At June 30, 2020, Kindred through its subsidiaries had approximately 32,000 employees providing healthcare services in 1,731 locations in 46 states, including 64 long-term acute care hospitals, 22 inpatient rehabilitation hospitals, 10 sub-acute units, 94 inpatient rehabilitation units (hospital-based), contract rehabilitation service businesses which served 1,541 non-affiliated sites of service, and behavioral health services. Ranked as one of Fortune magazine’s Most Admired Healthcare Companies for nine years, Kindred’s mission is to help our patients reach their highest potential for health and healing with intensive medical and rehabilitative care through a compassionate patient experience. For more information, go to www.kindredhealthcare.com. You can also follow us on Facebook, LinkedIn, and Twitter.
(1) Revenues for the last twelve months ended June 30, 2020.