STOCK TITAN

Select Medical Holdings Corporation Announces Appointment of Parvinderjit Singh Khanuja, M.D. to its Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Select Medical Holdings Corporation (NYSE: SEM) announced the appointment of Dr. Parvinderjit Singh Khanuja to its Board of Directors, effective November 1, 2021. Dr. Khanuja, with over 30 years of experience in medical oncology, is the founder of Ironwood Physicians, the largest cancer treatment center in Phoenix, AZ. His term will expire at the 2023 Annual Meeting of Stockholders. The Executive Chairman, Robert A. Ortenzio, expressed confidence that Dr. Khanuja will provide invaluable insights to the Board, enhancing strategic direction for the company.

Positive
  • Dr. Khanuja brings over 30 years of oncology experience, potentially enhancing the company's strategic direction.
  • His leadership as founder of a major cancer treatment center may provide valuable insights into oncology-related business opportunities.
Negative
  • Concerns regarding continuity as a new board member may require adjustment to company dynamics.

MECHANICSBURG, Pa., Nov. 2, 2021 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical") (NYSE: SEM) today announced the appointment of Parvinderjit Singh Khanuja, M.D. to its Board of Directors (the "Board"), effective on November 1, 2021.  Dr. Khanuja's Board term will expire at Select Medical's 2023 Annual Meeting of Stockholders, at which time he will stand for election along with the other director nominees standing for election at that meeting.

"We are very pleased to welcome Dr. Khanuja to the Select Medical Board of Directors," said Robert A. Ortenzio, Executive Chairman and Co-Founder of Select Medical. "Dr. Khanuja brings to Select Medical over three decades of experience in the practice of medical oncology and as a business leader. He will share an important perspective and will be a valued addition to the Board."

Dr. Khanuja joins the Board with over 30 years of experience as a medical oncologist. Dr. Khanuja is the founder and Managing Partner of Ironwood Physicians, PC, the largest cancer treatment center in the Phoenix, AZ metropolitan area with over 100 providers.  Dr. Khanuja is a Diplomate, Subspecialty Board of Medical Oncology and Hematology and is a Fellow of the American College of Physicians (FACP).  Dr. Khanuja is a board member of the Five Rivers Foundation, which is primarily involved in social causes and scholarships.  He is also a member of the Board of Trustees of the Phoenix Art Museum.

Dr. Khanuja completed his medical degree at Christian Medical College in Ludhiana, India.  His fellowship followed at Wayne State University School of Medicine in Detroit.

About Select Medical

Select Medical is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States based on the number of facilities. As of September 30, 2021, Select Medical operated 100 critical illness recovery hospitals in 28 states, 30 rehabilitation hospitals in 12 states, and 1,850 outpatient rehabilitation clinics in 39 states and the District of Columbia. Select Medical's joint venture subsidiary Concentra operated 519 occupational health centers in 41 states. Concentra also provides contract services at employer worksites. At September 30, 2021, Select Medical had operations in 46 states and the District of Columbia. Information about Select Medical is available at www.selectmedical.com.

Investor inquiries:

Joel T. Veit
Senior Vice President and Treasurer
717-972-1100
ir@selectmedical.com

Cision View original content:https://www.prnewswire.com/news-releases/select-medical-holdings-corporation-announces-appointment-of-parvinderjit-singh-khanuja-md-to-its-board-of-directors-301414456.html

SOURCE Select Medical Holdings Corporation

FAQ

Who is the new appointee to Select Medical's Board of Directors?

Dr. Parvinderjit Singh Khanuja, a medical oncologist with over 30 years of experience.

When did Dr. Khanuja join the Select Medical Board?

Dr. Khanuja joined the Board on November 1, 2021.

How long is Dr. Khanuja's term on the Board?

His term will expire at the 2023 Annual Meeting of Stockholders.

What experience does Dr. Khanuja bring to Select Medical?

He brings over 30 years of experience in medical oncology and business leadership.

What is Select Medical's focus in healthcare?

Select Medical operates critical illness recovery hospitals, rehabilitation hospitals, outpatient clinics, and occupational health centers.

SELECT MEDICAL HOLDINGS CORP

NYSE:SEM

SEM Rankings

SEM Latest News

SEM Stock Data

4.98B
106.35M
17%
78.97%
1.56%
Medical Care Facilities
Services-hospitals
Link
United States of America
MECHANICSBURG