Allscripts Solidifies Management Team, Enhances Organizational Structure
October 07 2015 - 4:01PM
Rick Poulton Promoted to President, Search
Initiated for New Chief Financial Officer Paul Black's Employment
Agreement Extended Through at Least 2018
Allscripts (Nasdaq:MDRX) ("Allscripts") announced a solidified
management team under an enhanced organizational structure. This
new structure will enable more effective client partnerships and
better support the Company's long-term growth.
Chief Financial Officer Rick Poulton is promoted to President,
responsible for day-to-day operational leadership. He will continue
to report to Chief Executive Officer Paul Black, who has held the
dual position of President and CEO since joining the Company in
December 2012.
The Company has commenced a search for a new CFO, and Poulton
will maintain the CFO title and responsibilities until a new CFO is
appointed.
In addition, the Allscripts Board of Directors and Paul Black
agreed to extend Black's employment agreement through at least
2018. The initial term of his previous contract was set to expire
in December 2015.
Black stated, "These changes reflect the deep bench of talent at
Allscripts and better position us to meet our long-term strategic
goals, including growing our client base, investing in emerging
growth markets, delivering consistent financial results, and
ensuring efficient operations. Rick has proven to be a trusted
leader and valuable asset to me, our associates and our clients. As
President, Rick will continue to provide leadership by overseeing
the business operations day-to-day, allowing me to focus even more
on global strategy, clients, shareholders and associates.
"I am also honored that the board has agreed to extend my
contract. My commitment to Allscripts reflects my excitement
regarding the opportunities before us, and I look forward to
continuing to work with Rick and the rest of the team to build upon
the progress we have made together."
About Allscripts
Allscripts (NASDAQ:MDRX) is a leader in healthcare information
technology solutions that advance clinical, financial and
operational results. Our innovative solutions connect people,
places and data across an Open, Connected Community of Health™.
Connectivity empowers caregivers to make better decisions and
deliver better care for healthier populations. To learn more, visit
www.allscripts.com, Twitter,
YouTube and It Takes A Community: The Allscripts
Blog.
© 2015 Allscripts Healthcare, LLC and/or its affiliates. All
Rights Reserved.
Allscripts, the Allscripts logo, and other Allscripts marks are
trademarks of Allscripts Healthcare, LLC and/or its affiliates. All
other products are trademarks of their respective holders, all
rights reserved. Reference to these products is not intended to
imply affiliation with or sponsorship of Allscripts Healthcare, LLC
and/or its affiliates.
CONTACT: For more information contact:
Investors:
Seth Frank
312-506-1213
seth.frank@allscripts.com
Media:
Concetta DiFranco
312-447-2466
concetta.difranco@allscripts.com
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