Rotech hires Apria execs to fill key positions

Sunday, January 12, 2003

January 13, 2003

ORLANDO, Fla. - Rotech's new CEO Philip Carter has dipped into the talent pool at his old employer, Apria, to fill key executive positions.

Rotech announced today that it has appointed:

- Mike Dobbs as chief operating officer, responsible for all operating activities within Rotech;

- Don Guerette as chief purchasing officer, responsible for all vendor negotiations and inventory management;

- John Sullivan as director of operations, responsible for fleet management, driver scheduling, transfill operations, real estate efficiency, FDA/DOT compliance.

All three were previously employed by Apria Healthcare in related positions.

Carter, who officially took over at Rotech last month, commented in a release that: Rotech is pleased to be able to attract such talented and recognized executives from within the home health care industry.

Carter, 54, served as Apria's CEO from 1998 to February 2002. During that time, he lead a reorganization that grew the near-bankrupt company's market capitalization from $200 million to roughly $1.4 billion and turned Apria into one of Wall Street's darlings.

That Carter has hired former Apria execs - people he knows and trusts - to fill key roles at Rotech isn't a complete surprise. Industry watchers expected him to do as much as he assembled a team to help improve Rotech's operations and boost profits.