Steve Guenthner Promoted to President
Jeff Reibel Promoted to Chief Accounting Officer
William Yarmuth Remains Chairman of the Board and Chief Executive Officer
LOUISVILLE, Ky., June 4, 2012 (GLOBE NEWSWIRE) -- Almost Family, Inc. (Nasdaq:AFAM), a leading regional provider of home health nursing services and personal care services, announced today that the Board of Directors has promoted Steve Guenthner to President and Principal Financial Officer, from Senior Vice President and Chief Financial Officer, a position he has held since 1992. Mr. Guenthner will continue to report to William Yarmuth, who will remain Chairman of the Board of Directors and Chief Executive Officer. The Company also announced that Jeff Reibel has been promoted to Vice President and Chief Accounting Officer, from Vice President of Finance. Mr. Reibel will continue to report to Mr. Guenthner.
William B. Yarmuth, Chairman and CEO, said, "Steve's impact on the development of our Company has been far broader than in the financial area. His new title more accurately represents the value he provides and role that he serves for our Company and our shareholders. Steve has been instrumental in helping us to drive both the organic and the acquisition growth of Almost Family for over 20 years and has been an invaluable leader of our organization. I am honored to work with him and proud to have him as the President of our organization."
Regarding the promotion of Mr. Reibel, Mr. Guenthner commented, "Jeff has been a huge addition to our team since joining us almost two years ago. We believe his leadership of our accounting functions will help us maintain, and build on, our strong financial foundation and infrastructure as we continue to grow our business and we are very pleased to have him as a significant player in our management team."
About Almost Family
Almost Family, Inc., founded in 1976, is a leading regional provider of home health nursing and personal care services, with branch locations in Florida, Kentucky, Ohio, New Jersey, Connecticut, Massachusetts, Missouri, Alabama, Illinois, Pennsylvania, and Indiana (in order of revenue significance). Almost Family, Inc. and its subsidiaries operate a Medicare-certified segment and a personal care segment. Altogether, Almost Family operates over 150 branch locations in 11 U.S. states.
CONTACT: Almost Family, Inc. Steve Guenthner (502) 891-1000 The Ruth Group Investor Relations Nick Laudico / Zack Kubow (646) 536-7030 / 7020 firstname.lastname@example.org email@example.com