Post Sansone, PSA hires new president and CEO
December 6, 2004
NORCROSS, Ga. - Pediatric Services of America in December hired Daniel J. Kohl as its new president and chief executive officer, replacing Joseph Sansone, who retired unexpectedly in August.
Kohl, whose assignment became effective Dec. 15, has nearly 30 years experience in the healthcare industry, including experience in each of PSA’s three business segments, said PSA Chairman of the Board Edward Wissing in a company statement.
Most recently Kohl served as a de facto executive in residence at Warburg Pincus, advising on potential investments in the healthcare industry.
“[Kohl’s] extensive knowledge and his track record within the company's three business segments and overseeing multi-site operations will be invaluable to PSA as we look to capitalize on the substantial growth opportunities that exist," Wissing said in a statement.
Previously, Kohl worked as president and CEO on Sonus Corporation, a distributor of hearing aids that sold to Amplifon SpA in October 2002. He was also a president and CEO of Housecall Medical Resources, a provider specializing in home health services, including nursing, infusion therapy, hospice care and HME/respiratory therapy.
Rounding out Kohl’s resume are positions with Equifax Health Information Services, HMSS (acquired by Coram), Abbey/Foster Medical (acquired by Apria Healthcare), and a decade with American Hospital Supply Corporation, a global provider of medical products to healthcare providers.
"There are significant growth opportunities available to PSA in continuing to expand its leadership position in pediatric home health services primarily in markets where it has a presence, but is not fully penetrated, and also through selective geographic market expansion," said Kohl.
PSA’s previous president, Sansone, retired in August, prompting much speculation about his sudden departure and a 25% slip in the company’s stock price.
Sansone, 60, had been president and chief executive since PSA was formed in 1989, and he is credited with growing the company from a start-up of 12 employees into a network of 120 branch offices in 22 states.