Published:
Craig A. Norris Appointed to Providence Service Corporation Board of Directors
TUCSON, Ariz., Nov. 21 /PRNewswire-FirstCall/ -- The Providence Service
Corporation (Nasdaq: PRSC) today announced that Craig A. Norris, the Company's
Chief Operating Officer, has been appointed to the Company's Board of
Directors. Mr. Norris' appointment fills the vacancy left by the April 2008
resignation of Steven I. Geringer and returns the board to six members. Mr.
Norris will not serve on any committee of the Board.
Mr. Norris, age 41, has been withProvidence since its inception in 1996,
joining the Company as the Director of Planning and Development. From 1998 to
2004 he was President ofProvidence's Eastern Division and in 2004 was named
to the position of Chief Operating Officer.
Prior to joiningProvidence, Mr. Norris held a number of social services
management positions. He was the former Chief Operating Officer of Parents
and Children Together, Inc. inArizona. He also spent time with direct
clinical and client services while working in the private sector and with the
Arizona Department of Health Services. He has a Masters in Organizational
Management and a Masters in Counseling from the University of Phoenix and an
undergraduate degree from the University of Arizona.
"Craig is one ofProvidence's original employees and has been instrumental
in the Company's growth over the last 10 years," commented Fletcher McCusker,
Chairman and CEO. "His 18 years in the social services industry and his
managerial experience will be of significant benefit to the Board as we manage
through this difficult environment."
AboutProvidence
Providence Service Corporation, through its owned and managed entities,
provides home and community based social services and non-emergency
transportation services management to government sponsored clients under
programs such as welfare, juvenile justice, Medicaid and corrections.
Providence does not own or operate beds, treatment facilities, hospitals or
group homes, preferring to provide services in the client's own home or other
community setting. The Company provides a range of services through its direct
and managed entities to over 74,000 clients through 870 contracts at September
30, 2008, with an estimated six million individuals eligible to receive the
Company's non-emergency transportation services related to its LogistiCare
operations. Combined, the Company has a nearly $1 billion book of business
including managed entities.
Forward-Looking Statements
This press release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Words such
as "believe," "demonstrate," "expect," "estimate," "anticipate," "should" and
"likely" and similar expressions identify forward-looking statements. In
addition, statements that are not historical should also be considered
forward-looking statements. Readers are cautioned not to place undue reliance
on those forward-looking statements, which speak only as of the date the
statement was made. Forward-looking statements contained in this release may
relate to, but are not limited to, statements regardingProvidence's review of
potential strategic options, the timing of such review, and the outcome of
such review. Such forward-looking statements are based on current
expectations that involve a number of known and unknown risks, uncertainties
and other factors which may cause actual events to be materially different
from those expressed or implied by such forward-looking statements. These
factors include, but are not limited to the global credit crisis, capital
market conditions, and other risks detailed inProvidence's filings with the
Securities and Exchange Commission, including its Annual Report on Form 10-K
for the fiscal year ended December 31, 2007.Providence is under no obligation
to (and expressly disclaims any such obligation to) update any of the
information in this press release if any forward-looking statement later turns
out to be inaccurate whether as a result of new information, future events or
otherwise.
SOURCE The Providence Service Corporation
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