Amedisys Chairman & CEO William Borne Steps Down; Names Interim CEO

(RTTNews) - Amedisys Inc. (AMED) announced that William Borne has stepped down as Chief Executive Officer, Chairman and Director. The Board of Directors has named Borne Chairman Emeritus, in recognition of his 33 years of service since founding the Company in 1982.

The company said it has appointed President and Chief Financial Officer Ronald LaBorde as Interim Chief Executive Officer while a national search for a permanent Chief Executive Officer is being conducted. LaBorde has served Amedisys for two years in the role of President and Chief Financial Officer. He has been a member of the Company's Board of Directors for 17 years, serving as Lead Director for nine of those years before accepting his management position within the Company.

The Amedisys also announced that Donald Washburn, Lead Director, and David Pitts, Director, are now non-executive Board Co-Chairmen and will share duties given their extensive experience in corporate governance, analyst and investor relations, and health care management and consulting.

The Board will meet monthly as Washburn and Pitts take a greater oversight role, helping to position Amedisys for strong future performance.

Amedisys said it has retained and engaged The Boston Consulting Group for business and industry analysis and advisement; Korn Ferry to conduct a national CEO search; and ReviveHealth for strategic communications, corporate marketing and health care industry consulting.