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HMA > SEC Filings for HMA > Form 8-K on 17-Sep-2013All Recent SEC Filings




Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

(b) On September 12, 2013, Health Management Associates, Inc. (the "Company") and Kelly E. Curry, Executive Vice President and Chief Financial Officer of the Company, agreed that Mr. Curry's employment with the Company would cease, effective as of September 13, 2013. On September 11, 2013, Mr. Kerrin E. Gillespie resigned as Senior Vice President - Finance, effective September 13, 2013. The Company intends to enter into a separation agreement with each of Messrs. Curry and Gillespie.

(c) Gary S. Bryant was appointed as Senior Vice President and Interim Chief Financial Officer, effective September 16, 2013. Mr. Bryant, 43, has served as the Senior Vice President and Controller since April 1, 2013. Since February 16, 2010, Mr. Bryant has served as the Company's Principal Accounting Officer, Vice President and Controller. Mr. Bryant joined the Company in 2006 as its Corporate Controller. From August 2004 until joining the Company, Mr. Bryant was Vice President-Controller at MedCath Corporation, previously a publicly-traded company that owns and operates specialty acute care hospitals. Prior to August 2004, Mr. Bryant, who is a Certified Public Accountant, held a number of management positions in both publicly-traded and privately-held companies. He began his career in public accounting, including a period of time with PricewaterhouseCoopers LLP.

(e) In connection with his appointment as Interim Chief Financial Officer, Mr. Bryant's base salary was increased to $450,000 and he will receive other health, retirement and personal benefits customarily provided to the Company's named executive officers (other than participation in the Company's Supplemental Executive Retirement Plan). Mr. Bryant continues to be eligible to participate in the Company's annual incentive and long-term incentive compensation programs. Mr. Bryant is currently a participant in the Company's Executive Change in Control Retention Bonus and Severance Plan.

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