PSS WORLD MEDICAL INC 
By JACKSONVILLE, Fla., Dec. 15, 2011 (GLOBE NEWSWIRE) -- PSS World Medical, Inc. (Nasdaq:PSSI) today announced that its
Board of Directors has expanded to nine directors by appointing A. Hugh Greene, age 58, as a new director, effective March 1,
2012. Mr. Greene will serve on the Strategic Planning Committee.
Mr. Greene currently serves as the President and Chief Executive Officer of Baptist Health, a comprehensive community-based health system comprised of five hospitals. He was named one of the area's 12 "Ultimate CEOs" by the Jacksonville Business Journal in 2007, and he was also inducted into the First Coast Business Hall of Fame. Mr. Greene is a graduate of Wake Fore University and holds a master's degree in Health Administration from the Medical College of Virginia as well as a master's
degree in Divinity from the Southern Baptist Theological Seminary.
Delores M. Kesler, Chairman of PSS World Medical, Inc., commented, "Hugh Greene's many accomplishments and experience
in the healthcare industry will provide a unique perspective that will be of great value to PSS. We are indeed fortunate to have
Mr. Greene join the PSS World Medical Board."
Mr. Greene currently serves as Chair of the Florida Hospital Association Board and serves on its Executive Committee and the Legislative Advocacy Committee. He is also the 2011 Chair of the Jacksonville Chamber of Commerce and serves on both the Board of Trustees for the University of North Florida and the Executive Committee of the Jacksonville Civic Council.
PSS World Medical, Inc. is a specialty marketer and distributor of medical products to physicians, elder care providers and other alternate-site healthcare providers through its two business units. Since its inception in 1983, PSS has become a leader in the market segments that it serves with a focused market approach to customer services, a consultative sales force, strategic acquisitions, strong arrangements with product manufacturers and a unique culture of performance.
The PSS World Medical, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8680
Certain statements in this release are "forward-looking
statements" made pursuant to the Private Securities
Litigation Reform Act of 1995 and other federal securities
laws. These forwar-dlooking statements are identified by the
use of words such as "expect," "may,"
"will," "should," "believe,"
"plan," "anticipate," and
"estimate" among others. These statements involve a
numbe of risks and uncertainties, many of which are outside
the control of the Company. Actual results may differ
materially from thos identified in the forward-looking
statements. Among the factors that could cause results to
differ materially are the following: fluctuating demand for
our products and services; national and global economic and
political conditions; our and our customers' ability to
obtain financing; the introduction of new products and
services offered by us and our competitors; uncertainty of
the impact of recently enacted healthcare laws; consolidation
of healthcare providers; proper functioning of our data
processing and information technology systems; our ability to
successfully execute our global sourcing strategy; pricing
pressures on large national and regional accounts and GPOs;
customer credit quality and our ability to collect our
accounts receivable, particularly
in states with significant budget deficits; our ability to
successfully execute our mergers and acquisitions strategy;
our ability to compete with other medical supply companies
and direct manufacturers; multi-tiered cost structures where
certain institutions can obtain more favorable prices for
medical products than us; our ability to maintain
relationships with our suppliers and customers; our ability
to retain sales reps and key management; our ability to
execute our growth strategy; increased operating costs,
including fuel and other commodity prices; risks involved in
maintaining a large amount of inventory; our indebtedness may
limit our ability to obtain additional financing or react to
market conditions; we face litigation and product liability
exposure; weather-related events such as hurricanes may
disrupt our and our customers' business; we may be
deemed to infringe other persons intellectual property; our
and our customers' businesses are subject to numerous
federal, state and foreign laws and regulations that could
impact our and their financial condition and results of
operations; general business, competitive and economic
factors and conditions; and other factors described from time
to time in the Company's reports filed with the
Securities
and Exchange Commission. PSS World Medical, Inc. assumes no
obligation to update the information in this release except
as otherwise required by law. Readers are cautioned not to
place undue reliance on these forwar-dlooking statements that
speak only as of the date hereof.
CONTACT: PSS World Medical
Investor Relations
904-332-3287
| distribué par | Ce noodl a été diffusé par PSS World Medical Inc. et initialement mise en ligne sur le site http://www.pssd.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2011-12-15 23:26:14 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
| Documents associés | |
| PSS World Medical Appoints A. Hugh Greene as New Director |
