Psychiatric Solutions, Franklin, Tenn., said William Rutherford will resign as chief operating officer at the end of June to focus on the startup of a new company outside the behavioral health industry.
The company hired Rutherford as COO in March 2006; from 1996 to 2005, he served as chief financial officer of HCA's eastern group, according to a news release from Psychiatric Solutions.
Terrence Bridges, currently president of Psychiatric Solutions western division, will succeed Rutherford as COO. Bridges has worked in the healthcare industry for 23 years, spending most of his time in the behavioral health segment. His experience includes serving as CEO of 78-bed Fremont (Calif.) Hospital, a stand-alone psychiatric facility, as well as director of psychiatry and director of general medicine and surgery for 855-bed Cedars-Sinai Medical Center, Los Angeles.
Terry has done a great job for us as Western Division president for more than two years, where he has demonstrated his expertise in inpatient psychiatric facility operations across multiple facilities in multiple states, said Joey Jacobs, chairman, president and CEO of Psychiatric Solutions, in a news release. We look forward to working with Terry to enhance the operations of PSIs existing facilities and to produce further growth in PSIs earnings and stockholder value. -- by Jessica Zigmond