CHEMED CORPORATION (NYSE:CHE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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CHEMED CORPORATION (NYSE:CHE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers, Compensatory Arrangements of Certain Officers.

Retirement of Arthur V. Tucker, Jr.

Effective March 31, 2017, Arthur V. Tucker, Jr., Vice President and Controller, and the principal accounting officer of Chemed Corporation, retired after 40 years of service.

Appointment of Michael Witzeman

The Company’s Board of Directors elected Michael D. Witzeman, formerly Vice President, Director of Finance and Assistant Corporate Controller of Chemed Corporation, as Controller and the corporation’s principal accounting officer effective April 1, 2017. Mr. Witzeman, age 46, has been an employee of the Corporation since 2005, originally serving as Assistant Controller. He was elected a Vice President in 2011. He holds a bachelor’s degree in accounting from the University of Cincinnati, and an M.B.A. from The Ohio State University, and is a licensed C.P.A.


About CHEMED CORPORATION (NYSE:CHE)

Chemed Corporation operates and divests subsidiaries engaged in diverse business activities. The Company operates its business in two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). The Company’s VITAS segment provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. VITAS segment provides hospice care to Medicare beneficiaries receiving their non-hospice healthcare services from health maintenance organizations (HMOs) under Medicare risk contracts. The Company and its subsidiaries also own training manuals, cost information, patient information and software source codes. A portion of its VITAS business is operated in the state of Florida. The Company’s Roto-Rooter segment provides plumbing, drain cleaning, water restoration and other related services to both residential and commercial customers.

CHEMED CORPORATION (NYSE:CHE) Recent Trading Information

CHEMED CORPORATION (NYSE:CHE) closed its last trading session up +2.50 at 185.19 with 166,924 shares trading hands.