QUORUM HEALTH CORPORATION (NYSE:QHC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On January 30, 2018, the Company issued a press release (the “Press Release”) announcing the planned resignation of Mr.Culotta effective March 31, 2018, the appointment of Mr.Lumsdaine to Executive Vice President of Finance effective February 12, 2018, and the planned appointment of Mr. Lumsdaine to succeed Mr. Culotta as Executive Vice President and Chief Financial Officer immediately upon Mr. Culotta’s resignation.A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
to the rules and regulations of the SEC, the information in this Item 5.02 disclosure, including Exhibit 99.1 and information set forth therein, is deemed to have been furnished and shall not be deemed to be “filed” under the Securities Exchange Act of 1934, as amended.
| Item 5.02 | Financial Statements and Exhibits |
(d)Exhibits
|
No. |
Description |
| 10.1 | Separation and Release Agreement, dated January 30, 2018, by and between QHCCS, LLC d/b/a Quorum Health and Michael J. Culotta |
| 10.2 | Consultancy Agreement, dated January 30, 2018, by and between QHCCS, LLC and Michael J. Culotta |
| 10.3 | Employment Offer Letter, dated January 29, 2018, by and between Quorum Health Corporation and Alfred Lumsdaine |
| 99.1 | Quorum Health Corporation Press Release, dated January 30, 2018 |
Quorum Health Corp ExhibitEX-10.1 2 d520009dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 SEPARATION AND RELEASE AGREEMENT THIS SEPARATION AND RELEASE AGREEMENT (Agreement) is between Michael Culotta (the Employee) and QHCCS,…To view the full exhibit click here
About QUORUM HEALTH CORPORATION (NYSE:QHC)
Quorum Health Corporation is an operator and manager of general acute care hospitals and outpatient services in the United States. The Company operates in two segments: Hospital operations, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services, and hospital management advisory and consulting services, which includes Quorum Health Resources, LLC (QHR). It operates QHR, which is a hospital management advisory and consulting services that provides services to non-affiliated general acute care hospitals. Its hospitals and its affiliated businesses offer services, such as general acute care, emergency room, general and specialty surgery and rehabilitation services. On April 1, 2016, Community Health Systems, Inc. announced that its board of directors has approved the distribution to its stockholders of 100% of the common stock of a new, independent publicly traded company, Quorum Health Corporation.