SourceOne Healthcare Technologies, Inc., Promotes Brett Himes to Executive Vice President and Chief Financial Officer
Himes Leads SourceOne's Financial Group and Contributes to The Company's Acquisitions of New Businesses and Forging New Partnerships with Best-in-Class Medical Imaging Equipment Manufacturers
Mentor, OH (PRWEB) June 3, 2005 -- SourceOne Healthcare Technologies, Inc.,
one of the nation’s leading distributors of medical imaging systems, equipment,
radiographic consumable supplies, and service to healthcare providers, today
announced the promotion of Brett Himes to the position of Executive Vice
President and CFO.
Prior to being appointed Executive Vice President, Mr.
Himes served the company as Senior Vice President and CFO. Drawn by SourceOne’s
entrepreneurial culture, Mr. Himes joined the company in 2003 shortly after Los
Angeles-based Platinum Equity acquired the two largest imaging supply
distributors in the United States – Diagnostic Imaging (DI) and Health Care
Products (HCP) – to form SourceOne Healthcare Technologies.
“Brett has
been a primary contributor to SourceOne’s successful turn-around strategy over
the past two years,” said Jerry C. Cirino, president and CEO. “As our CFO, he
has been responsible for driving many of our strategic planning initiatives and
executing business development processes that have helped reduce costs, improve
efficiencies, increase productivity, and we have realized substantial gains in
our free cash flow during a short period of time.”
Drawing from more than 20 years of financial and general management
experience in corporate, entrepreneurial, consulting and public accounting
environments, in his recent role as Senior Vice President and CFO, Mr. Himes has
been responsible for all of the financial functions at SourceOne Healthcare
Technologies, including general accounting, financial planning and analysis,
financial operations, credit and collections, treasury and tax.
“In addition to excelling in all of these daily
operations, Brett has made significant contributions to identifying and
analyzing acquisition opportunities for the company, and analyzing new
distribution relationships,” said Mr. Cirino. “These business strategies have
proven to be vital to SourceOne's growth and strength within the
marketplace.”
In his new role as Executive Vice President and CFO, Mr.
Himes will be focused on achieving specific financial objectives for SourceOne,
including increasing free cash flow, reducing operating expenses, improving
earnings, and assisting the executive team with acquisitions of new businesses
and forging new partnerships with best-in-class medical imaging equipment
manufacturers.
During the past 18 months, SourceOne closed a record12
national distribution agreements, many of them exclusive, with some of the
industry’s most respected medical imaging equipment manufacturers, including
Merge eFilm, Imaging Dynamics Company, LTD., OREX, Barco, PenRad, CompuMed, and
Shimadzu Medical Systems, among others.
“The past year
and a half has been an extraordinary period of progress for SourceOne,” said Mr.
Cirino. “While we were challenged by a constantly changing business environment,
our organization remains focused, agile and always ready to seize new
opportunities. Mr. Himes will continue to play an important role in helping me
and the executive management teams build on SourceOne’s core business, as we
also expand into new market segments which will offer a broader array of
products and services.”
Prior to
joining SourceOne, Mr. Himes’ experience included seven years with the
Medical-Surgical and Pharmaceutical divisions of McKesson, where he served as
Vice President of Finance for the Supply Management Business and later as Senior
Vice President and CFO of the Medical-Surgical Business. As CFO for McKesson
Medical-Surgical a $3 billion healthcare distributor, Mr. Himes led mergers and
acquisitions and business integration activities, as well as several major cost
control and information systems initiatives.
Mr.
Himes worked for Ernst & Young and several entrepreneurial companies prior
to his tenure with McKesson. He also was the founder of a multi-location
document-imaging service company. A CPA, Mr. Himes earned a Bachelors of Arts
degree in Accounting from Colorado University in Ft. Collins, CO, and an MBA
from Harvard University.
About SourceOne Healthcare
Technologies, Inc.
Headquartered in Mentor, Ohio, SourceOne Healthcare
Technologies, Inc., is a leading provider of imaging equipment and radiographic
supplies and services tailored to healthcare facilities, including those
transitioning to a digital imaging environment. SourceOne offers broad lines of
equipment and consumables as well as e-logistics, sales professionals and
field-service engineers which enable customers to turn to SourceOne as the
best-in-class source for effective supply chain and medical imaging management.
SourceOne is a privately held company of Platinum Equity, a global acquisitions
firm specializing in the strategic operation of mission-critical companies. For
additional information, visit http://www.sourceonehealth.com.
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Source : http://www.prweb.com/releases/2005/6/prweb247008.htm