People (March 2006)

Adventist Health

announces new

president and CEO

WINTER PARK, Fla. – Spring training baseball teams aren’t the only ones revamping their rosters down in Florida. Winter Park-based Adventist Health System has named Donald Jernigan as its new president and chief executive officer (CEO).

Mr. Jernigan was promoted from his position as executive vice president (EVP) and CEO of Adventist’s Florida Hospital, Orlando, and its Florida division. He replaces Thomas Werner, who announced in November that he planned to retire to spend more time with his family, although he plans to stay on in an advisory role through Jan. 1, 2007.

That left a vacancy at president and CEO of the 1,745-bed Orlando and Adventist’s 17-hospital Florida division. That position will now go to Lars Houmann. Mr. Houmann joined Adventist in 1993 and was previously executive vice president (EVP) and chief operating officer (COO) at the Orlando facility.

Adventist Health System currently operates 38 hospitals within ten states, totaling nearly 6,300 licensed beds. ‘

For the Record

O. Edwin French was promoted to president and CEO of Charlotte, N.C.-based MedCath Corp. (Nasdaq: MDTH). Mr. French succeeds retiring CEO John Casey, who will remain chairman. He had been MedCath’s interim COO and was previously president of Universal Health Services’ acute-care hospital division… Kindred Healthcare Inc. (NYSE: KND) has promoted James J. Novak to the position of EVP, East Group, Hospital Division, and Steven L. Monaghan to EVP, West Group, Hospital Division. These are new positions in the hospital division. Both Mr. Novak and Mr. Monaghan previously held the title of senior regional VPs in the hospital division. The East and West Groups were created to support the strategic initiatives and the growth and development in the hospital division. 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Ventas Inc. (NYSE: VTR) has promoted chief financial officer (CFO) Richard A. Schweinhart and chief investment officer (CIO) Raymond J. Lewis to executive vice presidents. Both had been senior vice presidents. Mr. Schweinhart joined Ventas in May 2002 as a full-time consultant, becoming SVP and CFO in December of that year. Before joining Ventas, he was SVP and CFO for Kindred Healthcare Inc. Prior to that, he was SVP of finance for Columbia/HCA Healthcare Corp. Mr. Lewis was named SVP and CIO of Ventas in October 2002. Previously, he was managing director of business development for GE Capital Healthcare Financial Services, a division of General Electric Capital Corp., which is a subsidiary of General Electric Corp. (NYSE: GE) where he led a team focused on mergers and portfolio acquisitions of healthcare assets. Before that, Mr. Lewis was EVP of healthcare finance for Heller Financial, Inc. (acquired by GE Capital in 2001)… Mike Wagner was promoted to director of healthcare for Lauth Property Group in Indianapolis. He had been a healthcare development associate… Sharon Harper, CEO of The Plaza Cos., recently served on the Phoenix Executive Bond Committee, a volunteer group that oversaw 17 subcommittees assigned to prioritize various funding requests from city departments, non-profit groups and village planning commissions. The bond issue is scheduled to go before voters this month… The Plaza Cos. also announced that Peter Spier has been promoted to vice president of development. 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