Newsome, 55, “has been called by the First Presidency of the Church of Jesus Christ of Latter-day Saints to serve as the president of its Uruguay-Montevideo mission,” according to the release.
Late Friday, HMA said the company had adopted a shareholder rights plan, a defensive move to help prevent a takeover, after 14. 6% shareholder Glenview Capital Management indicated an intention to take an activist role in the company. The chain has been under fire in recent months on a number of legal, public relations and financial fronts.
The hedge fund also filed for antitrust clearance to acquire $2.2 billion of stock, or about 75% of the company. Yet Glenview this morning issued a news release clarifying that it does not intend to meet that threshold. “In plain English, we have no present intention or future plan to buy either $2.2 billion of stock or 75% of HMA,” the hedge fund said.
Newsome, a regular on Modern Healthcare's list of the 100 Most Influential People in Healthcare, took the reins at the company in 2008, replacing Burke Whitman, who left to further a military career.
Newsome had served in several executive positions at HMA between 1993 and 1998, before joining Community Health Systems, Franklin, Tenn. His last position there was division president.
Follow Beth Kutscher on Twitter: @MHbkutscher