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Addus HealthCare Appoints Seasoned CFO to Provide Financial Leadership Amidst Growth, Expansion

Addus HealthCare, Inc., a nationally recognized provider of high quality home care services, today announced the hiring of Frank Leonard as chief financial officer to help guide the company as it grows and expands in current and new markets. Mr. Leonard, a seasoned financial executive, brings more than 30 years of accounting experience to the company, including ten years as a CFO

“As we move forward with a strategy for continued growth, it is crucial that we bring a top-level executive on board to oversee Addus’ financial health,” said Mark S. Heaney, president and CEO for Addus HealthCare. “Frank brings the right blend of prior experience, industry know-how, financial expertise and leadership to the position.”

Prior to joining Addus HealthCare, Mr. Leonard served as CFO at Lifewatch Corporation, a provider of cardiac monitoring health care services. Prior to LifeWatch, he was the CFO at Apropos Technology from 2000 to 2005. Apropos was a publicly traded technology company that enabled contact centers to process and report on customer interactions. He also served as CFO for BT Office Products from 1997 through 2000.

“It’s a privilege to have an opportunity to work with a group of individuals with extensive industry experience and focused on its mission,” said Mr. Leonard, a Palatine, IL resident. “I look forward to providing my expertise to ensure that Addus HealthCare is able to deliver on that mission from a position of financial strength today and well in to the future.”

Addus provides comprehensive home care services including skilled nursing, personal care and adult day care services. Addus HealthCare currently holds over two hundred home care contracts throughout the country. The company employs 12,000 people and provides home care services to over 45,000 individuals annually from 115 offices in 15 states.

source: Corporate Press Release, August 8, 2008

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