By Business Wirevia The Motley Fool
Filed under: Investing
Accretive Health Names Stephen Schuckenbrock President and CEO;
Mary Tolan Elected Chairman
CHICAGO–(BUSINESS WIRE)– The Board of Directors of Accretive Health, Inc. (NYS: AH) announced today that Stephen Schuckenbrock, formerly president of Dell Services, has been named President and Chief Executive Officer and a member of the Accretive Board of Directors effective on April 3, 2013. Firm co-founder and current President and Chief Executive Officer Mary Tolan has been elected Chairman of the Board of Directors. Co-founder and current Chairman of the Board J. Michael Cline will continue to serve as a director of the company.
“In nine years Accretive Health has grown from a startup to a $1 billion company in market capitalization. As we continue to serve a rapidly changing healthcare marketplace, the new, enhanced management team is a natural evolution as part of our growth. Steve’s strengths in technology, driving growth at Dell Services and operational execution will add to an already capable team,” Cline said.
As president of Dell Services, he oversaw a full range of business solutions from infrastructure and cloud to Business Process Outsourcing. He was responsible for developing and delivering end-to-end IT services and business solutions for global corporations, government, healthcare providers and educational institutions around the world. His work at Dell also included President of Dell’s Large Enterprise business and Chief Information Officer.
“I am excited and honored to be taking this leadership role in a company that I believe can make a real difference in healthcare. In a very short time, Mary and her team have created an innovative business model around the important core mission of improving healthcare for providers and patients alike. Mary’s leadership and expertise will be key as we seek to meet and exceed customer needs in a complex and rapidly evolving industry. I look forward to partnering with Mary and the entire leadership team to take the company to the next level,” Schuckenbrock said.
Said Tolan: “For some time now, the Board and I have been looking to add to the intellectual and operational firepower of our senior leadership ranks. I am delighted to say we have found an extraordinary executive, Steve Schuckenbrock,” adding, “We expect that his experience in scaling the $8.5 billion technology services business at Dell, which had significant healthcare focus and excelled in customer outcomes, will be an important catalyst for our company.”
Prior to Dell, Schuckenbrock was co-chief operating officer and executive vice president of global sales and services for EDS. Before joining …read more
Source: FULL ARTICLE at DailyFinance