– USA, FL – Cross Country Healthcare, Inc. (NASDAQ: CCRN), a market-leading workforce solutions tech-enabled staffing, recruitment, and advisory firm, today announced the upcoming transition of Co-Founder and CEO Kevin Clark to the role of Chairman of the Board of Directors, effective March 31, 2022.
Concurrently, John Martins, Group President, Delivery, will be promoted to President and CEO and appointed to the Board of Directors.
“Leading Cross Country Healthcare has been one of the greatest honors of my life and I am confident that John will continue to drive and execute our strategic roadmap today and for years to come,” said Kevin Clark. “Nothing has been more important to me than continuing to provide the highest quality of care to patients throughout the United States in a manner that reflects the ethics and integrity upon which the company was founded on in 1986. In my new role as Chairman, I will work with the same vigor and determination that I brought to transform and evolve this great Company. I am excited and eager to partner with John in his new role as President and CEO.”
Thomas Dircks who has served as the Board Chairman since 2013, will continue to serve as an independent director of the Board of Directors.
About John A. Martins
John Martins brings nearly 20 years of healthcare leadership experience to the role of President and CEO and has worked alongside Clark for the last 12 months, playing an instrumental part in defining the company’s long-term strategic direction. Martins has held senior leadership positions with several of the nation’s largest healthcare staffing providers including AMN Healthcare Services, and Aya Healthcare Inc. Before joining AMN and Aya, Martins served as President at Onward Healthcare and in various other positions from February 2008 to January 2015, where he reported to Clark who was Onward Healthcare’s Co-Founder and CEO.
“I am excited to take the helm of Cross Country Healthcare and look forward to driving the strategic direction that Kevin, a long-time mentor, and champion of mine, put in place in a way that reflects the values of our Company,” said John Martins. “We are fortunate that Kevin will continue to be involved in the evolution of Cross Country Healthcare as our Chairman and, together with our strong leadership team, I believe we are well-equipped to continue to grow the company into the leading technologically advanced workforce advisory and staffing solutions provider in the industry.”
About Kevin C. Clark
Clark co-founded Cross Country Healthcare in 1986 and rejoined the company in January 2019 after leaving in 1994 and launching other successful healthcare companies. Over the past three years, he has led the Company’s turnaround and return to profitable growth, more than doubling the revenue of the Company on an organic basis and consummating two acquisitions to position the Company for continued growth.
As presented below, the Company is also raising its fourth-quarter 2021 revenue, adjusted EBITDA, and adjusted EPS guidance provided in the November 3, 2021 press release. At the midpoint of the updated fourth-quarter guidance range described below, the Company is now projecting full-year consolidated revenue of $1.67 billion, adjusted EBITDA of $161 million, and adjusted EPS of $3.03.
About Cross Country Healthcare, Inc.
Cross Country Healthcare, Inc. is a leader in providing total talent management including strategic workforce solutions, contingent staffing, permanent placement, and consultative services for healthcare customers. Leveraging our 35 years of industry expertise and insight, CCH solves complex labor-related challenges for customers while providing high-quality outcomes and exceptional patient care. As a multi-year Best of Staffing award winner, CCH is committed to an exceptionally high level of service to both our clients and our healthcare professionals. CCH was the first publicly traded staffing firm to obtain The Joint Commission Certification, which it still holds with a Letter of Distinction. CCH has a longstanding history of investing in its diversity, equality, and inclusion strategic initiatives as a key component of the organization’s overall corporate social responsibility program which is closely aligned with its core values to create a better future for its people, communities, the planet, and its shareholders.
For more information: https://www.crosscountryhealthcare.com
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