UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
CURRENT REPORT
FORM 8-K
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
Date of Report (Date of Earliest Event Reported): September 11, 2014
Hanger, Inc.
(Exact name of registrant as specified in its charter)
Delaware |
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1-10670 |
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84-0904275 |
State or other jurisdiction |
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(Commission File Number) |
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(IRS Employer |
10910 Domain Drive, Suite 300
Austin, Texas 78758
(Address of principal executive offices (zip code))
(512) 777-3800
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a - 12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13d-4(c))
Item 8.01 Other Events.
On September 11, 2014, Hanger, Inc. (the Company) announced that Thomas Kiraly, former Executive Vice President, Chief Financial Officer and Treasurer of Sheridan Healthcare, will join the Company as an Executive Vice President, effective October 1, 2014, and will become Chief Financial Officer and principal financial officer of the Company during the fourth quarter 2014. Mr. Kiraly will work closely with George McHenry, the Companys current Chief Financial Officer, until Mr. Kiraly assumes the role of Chief Financial Officer later this year. As previously announced, Mr. McHenry will retire on December 31, 2014.
Also on September 11, 2014, the Company issued a press release announcing the appointment of Mr. Kiraly as Executive Vice President of the Company, which press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d) The following exhibits are being filed with this Current Report on Form 8-K:
99.1 Press release of Hanger, Inc. issued on September 11, 2014.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HANGER, INC. |
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By: |
/s/ Thomas E. Hartman |
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Thomas E. Hartman |
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Vice President and General Counsel |
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Dated: September 11, 2014
Exhibit 99.1
Hanger announces Thomas Kiraly to become Chief Financial Officer
AUSTIN, Texas, Sept. 11, 2014 Hanger, Inc. (NYSE: HGR) today announced that Thomas Kiraly, former Executive Vice President, Chief Financial Officer, and Treasurer of Sheridan Healthcare, will join Hanger as Executive Vice President on Oct. 1 and will become Chief Financial Officer during the fourth quarter 2014. Mr. Kiraly will work closely with incumbent CFO George McHenry until Mr. Kiraly assumes the role of CFO later this year. As previously announced, Mr. McHenry will retire on Dec. 31, 2014.
With nearly 20 years experience serving as CFO at both public and private healthcare and information technology companies, Tom is a highly successful financial leader who excels at achieving operational success and forging strong relationships with staff, business partners, leadership, and investors, Hanger President and CEO Vinit Asar said. Tom has a keen understanding of the complexities and challenges of the evolving healthcare space and is motivated by Hangers vision, mission, and culture. He has the right vision to strengthen our accounting and financial processes for strategic future growth.
Im pleased to join Vinit and his team as they build upon Hangers long-standing reputation as an innovative market leader in the empowerment of human potential through orthotic, prosthetic, and therapeutic solutions, Mr. Kiraly said.
Mr. Kiraly brings nearly three decades of experience leading financial operations. Prior to Hanger, Mr. Kiraly served as the EVP, CFO, and Treasurer of Sheridan Healthcare, Inc., a $1.0 billion healthcare solutions provider of radiology, anesthesia, emergency department, and children services. From 1999 to 2011, as EVP, CFO, and Treasurer, Mr. Kiraly led the financial, accounting, procurement, and real estate functions of Concentra, Inc., an $820 million provider of urgent care, occupational healthcare, and other healthcare services. In 2010 when Concentra was acquired by Humana, Inc., a Fortune 100 provider of insurance, health and wellbeing, and related healthcare services, Mr. Kiraly transitioned to Vice President of Finance responsible for corporate financial forecasting, analysis, internal reporting, and accounting operations. From 1988 to 1999, as EVP and CFO of BRC Holdings, Inc., Mr. Kiraly led the financial accounting, human resources, and legal functions of a $130 million publicly-traded provider of information technology services to healthcare firms and local governments.
Mr. Kiraly earned his Master of Business Administration from the University of Texas in Austin, Texas and a Bachelor of Arts in Speech Communication from California State University in Northridge, Calif.
About Hanger, Inc. Built on the legacy of James Edward Hanger, the first amputee of the American Civil War, Hanger, Inc. (NYSE: HGR) delivers orthotic and prosthetic (O&P) patient care, and distributes O&P products and rehabilitative solutions to the broader market. Hangers Patient Care segment is the largest owner and operator of O&P patient care clinics with in excess of 770 locations nationwide. Through its Products & Services segment, Hanger distributes branded and private label O&P devices, products and components, and provides rehabilitative solutions. Steeped in over 150 years of clinical excellence and innovation, Hangers vision is to be the partner of choice for products and
services that enhance human physical capability. For more information on Hanger, visit www.hanger.com and follow us at www.Facebook.com/HangerNews, www.Twitter.com/HangerNews, and www.YouTube.com/HangerNews.
Contacts: George E. McHenry, (512) 777-3800, or Russell Allen, (512) 777-3800
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