Home health nursing provider Amedisys, Baton Rouge, La. said John Giblin,
the companys chief financial officer for the last four months, has
resigned, effective immediately.
The company has named Dale Redman,
59, as interim CFO, but said in a news release that it is the companys
intent that Mr. Redman will be appointed permanent chief financial
officer in the future. Amedisys also said it is important for Giblin,
50, to be near the Atlanta area.
Thomas Dolan, vice president of acquisitions and finance, said Giblin accepted an offer to become the CFO at Blue Cross and Blue Shield of Tennessee in Chattanooga, which will
place him closer to Atlanta. While the changes are immediate, Giblin will
stay to help with the transition period until March 2.
Under the terms of Redman's employment, he will receive a base salary of $300,000 per year and will be eligible for an annual bonus of up to 50% of his base salary, according to filings with the Securities and Exchange Commission.
Most recently, Redman served as managing director at Windward Capital
Consulting, Baton Rouge. He is also an adjunct instructor in finance at
Louisiana State University, where he earned a masters degree in
accounting, the company said. Established in 1982, Amedisys operates
sites in 19 states and trades shares on Nasdaq. -- by href="mailto:[email protected]">Jessica Zigmond
href="mailto:[email protected]">Jessica Zigmond