February 6 is just around the corner!!
On August 15, 2014, Gary D. Blackford announced his intention to transition from his role as Chairman of the Board of Directors and Chief Executive Officer (“CEO”) of Universal Hospital Services, Inc. (the “Company”) by the end of the year. On December 12, 2014 Mr. Blackford announced that his resignation will be effective as of February 6, 2015. The Company is currently engaged in a national search for a new CEO. Mr. Blackford will provide transition services to the Company to allow for a smooth transition of his duties to his successor pursuant to a consulting agreement between Mr. Blackford and the Company, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein. The Board of Directors intends to appoint John Workman, Director and Chair of the Audit Committee of the Board of Directors of the Company, as interim Executive Chairman of the Board, effective February 7, 2015. Mr. Workman will receive compensation for his services as interim Executive Chairman of the Board pursuant to a services agreement between Mr. Workman and the Company, a copy of which is filed as Exhibit 10.2 to this Current Report on Form 8-K and incorporated by reference herein. Mr. Workman’s biography is described in the Current Report on Form 8-K which was filed on November 12, 2014, and is incorporated by reference herein. The executives currently reporting to Mr. Blackford will report to Mr. Workman upon Mr. Blackford’s departure, until a new CEO of the Company is appointed. It is the Board of Directors’ intention that Mr. Workman will be appointed Chairman of the Board of Directors of the Company upon the new CEO’s appointment.
http://www.sec.gov/Archives/edgar/data/886171/000110465914086420/a14-26120_18k.htm
On August 15, 2014, Gary D. Blackford announced his intention to transition from his role as Chairman of the Board of Directors and Chief Executive Officer (“CEO”) of Universal Hospital Services, Inc. (the “Company”) by the end of the year. On December 12, 2014 Mr. Blackford announced that his resignation will be effective as of February 6, 2015. The Company is currently engaged in a national search for a new CEO. Mr. Blackford will provide transition services to the Company to allow for a smooth transition of his duties to his successor pursuant to a consulting agreement between Mr. Blackford and the Company, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein. The Board of Directors intends to appoint John Workman, Director and Chair of the Audit Committee of the Board of Directors of the Company, as interim Executive Chairman of the Board, effective February 7, 2015. Mr. Workman will receive compensation for his services as interim Executive Chairman of the Board pursuant to a services agreement between Mr. Workman and the Company, a copy of which is filed as Exhibit 10.2 to this Current Report on Form 8-K and incorporated by reference herein. Mr. Workman’s biography is described in the Current Report on Form 8-K which was filed on November 12, 2014, and is incorporated by reference herein. The executives currently reporting to Mr. Blackford will report to Mr. Workman upon Mr. Blackford’s departure, until a new CEO of the Company is appointed. It is the Board of Directors’ intention that Mr. Workman will be appointed Chairman of the Board of Directors of the Company upon the new CEO’s appointment.
http://www.sec.gov/Archives/edgar/data/886171/000110465914086420/a14-26120_18k.htm