Edition:
United States

National Healthcare Corp (NHC)

NHC on American Stock Exchange

82.22USD
19 Jun 2019
Change (% chg)

$0.22 (+0.27%)
Prev Close
$82.00
Open
$82.38
Day's High
$82.82
Day's Low
$81.15
Volume
40,539
Avg. Vol
38,982
52-wk High
$86.53
52-wk Low
$69.57

Summary

Name Age Since Current Position

Robert Adams

72 2016 Non-Executive Chairman of the Board

Michael Ussery

60 2017 President, Chief Operating Officer

Stephen Flatt

63 2017 Chief Executive Officer, Director

Brian Kidd

44 2017 Senior Vice President, Principal Accounting Officer, Controller

B. Anderson Flatt

57 2017 Senior Vice President, Chief Information Officer

Josh McCreary

2019 Senior Vice President, General Counsel, Secretary

Jeffrey Smith

55 2017 Senior Vice President, Treasurer

Leroy McIntosh

58 2017 Senior Vice President- Ancillary Services And Service Line Strategy.

W. Andrew Adams

73 2009 Director

J. Paul Abernathy

83 2003 Independent Director

Ernest Burgess

79 1992 Independent Director

Emil Hassan

72 2004 Independent Director

Richard LaRoche

74 2002 Independent Director

Biographies

Name Description

Robert Adams

Mr. Robert G. Adams is a Non-Executive Chairman of the Board of the company effective December 2016. He has served NHC for 42 years - 18 years as Senior Vice President, 11 years as Chief Operating Officer, 5 years as President, 12 years as CEO and 24 years on the Board. He became Chairman of the Board on January 1, 2009 and served as Chief Executive Officer from November 1, 2004 until December 31, 2016. Mr. Adams retired from his position as CEO effective December 31, 2016 but remains non-executive Chairman of the Board. He has extensive long-term health care experience, including serving NHC as a health care center administrator and Regional Vice President. Mr. Adams provides a unique perspective regarding the business and strategic direction of the Company and brings his experience in all aspects of the Company’s business to the Board’s deliberations. Mr. Adams has a B.S. degree from Middle Tennessee State University. He also served on the board of National Health Realty, Inc. from December 1997 through October 2007. He is the brother of W. Andrew Adams and brother-in-law of D. Gerald Coggin.

Michael Ussery

Mr. Michael Ussery is President, Chief Operating Officer of National HealthCare Corp. effective January 1, 2017. He has been with the Company since 1980. On January 1, 2009, Mr. Ussery was promoted to Chief Operating Officer of NHC. During his tenure with NHC, he has served as Senior Vice President of Operations, Senior Vice President of the Central Tennessee Region, Regional Vice President, and Administrator in multiple locations. Mr. Ussery also won the top honor of NHC Administrator of the Year in 1989. Mr. Ussery currently serves on the Board of Directors of St. Thomas Rutherford Hospital and its foundation as well as the Board of the Christy Houston Foundation. Mr. Ussery has a B.B.A. from The University of Notre Dame and an M.B.A. from Middle Tennessee State University.

Stephen Flatt

Dr. Stephen F. (Steve) Flatt is a Chief Executive Officer, Director of National HealthCare Corp. effective January 1, 2017. He joined NHC in June 2005 as Senior Vice President-Development. On January 1, 2009, Dr. Flatt became NHC’s President. He served as the President of Lipscomb University from 1997 through June 2005 and, prior to that, President of Ezell Harding Christian School in Nashville and Vice President of Financial Affairs and Institutional Planning at Lipscomb. Dr. Flatt currently serves on the Board of Directors of The Community Foundation of Middle Tennessee, and the Board of Directors of Nashville Inner City Ministry. Dr. Flatt is a member of the Nashville Health Care Counsel. In 2013, he was a member of the Council’s inaugural “Health Care Fellows” Program led by Senator Bill Frist. Also in 2013 he was named one of Middle Tennessee’s “Health-Care Heroes” by the Nashville Business Journal. He received his B.A. degree from David Lipscomb College and his M.S. degree and PhD from George Peabody College of Vanderbilt University.

Brian Kidd

Mr. Brian F. Kidd is a Senior Vice President, Controller and Principal Accounting Officer of the Company, effective January 1, 2017. He has been with NHC since 2008. His responsibilities at NHC have included overseeing and reviewing all aspects of external financial reporting, which includes compliance and monitoring of GAAP and US Securities and Exchange Commission requirements. Mr. Kidd has also overseen Federal and State tax issues and Sarbanes-Oxley compliance for NHC. Prior to joining NHC, Mr. Kidd was in public accounting for 10 years. Mr. Kidd is a CPA and received his B.S. in Accounting from Middle Tennessee State University in 1998.

B. Anderson Flatt

Mr. B. Anderson (Andy) Flatt is a Senior Vice President, Chief Information Officer of the company. He brought more than 32 years of experience in health care technology when he joined the Company in 2017, including roles at Corizon Health, Cigna-HealthSpring, and AIM HealthCare (now a division of Optum). Mr. Flatt serves on the boards of Ascent Federal Credit Union and Second Harvest Food Bank of Middle Tennessee. Mr. Flatt is the recipient of the NTC CIO and Volunteer of the Year (2011), Nashville Business Journal Technology Power Leader (2011 and 2012), Healthcare Hero (2014) and CIO Award (2015). He holds a BS degree in Computer Science from Lipscomb University.

Josh McCreary

Mr. Josh A. McCreary has been appointed as a Senior Vice President, General Counsel, Secretary of the company. Effective April 15, 2019. McCreary is currently a partner at Hudson, Reed & McCreary, PLLC where he has practiced since 1998. He regularly counsels and represents businesses, governments, and individuals in a wide variety of transactional, compliance, and litigation matters. He also serves as the County Attorney for Rutherford County, Tennessee, one of the fastest growing counties in the country.

Jeffrey Smith

Mr. Jeffrey R. Smith is a Senior Vice President, Treasurer of the Company, effective January 1, 2017. He has been with NHC since 1994. Prior to being promoted to Vice President of Treasury in 2009 - 2016, Mr. Smith served as an Assistant Vice President and an Accounting Manager at NHC. Mr. Smith is a CPA and earned his B.S. in Accounting from David Lipscomb University in Nashville, Tennessee in 1985. Mr. Smith also earned his law degree from the Nashville School of Law in 1998.

Leroy McIntosh

Mr. Leroy E. McIntosh, Jr. is a Senior Vice President- Ancillary Services And Service Line Strategy of the NATIONAL HEALTHCARE CORPORATION. Leroy E. McIntosh, Jr. (Senior Vice President, Ancillary Services and Service Line Strategy) brought more than 27 years of healthcare leadership experience when he joined the Company in 2017. Prior to joining NHC, he served in key leadership roles with HCA’s TriStar Division and Ascension Health in the Nashville Market. Mr. McIntosh received his B.S. from Middle Tennessee State University and his M.H.A from University of St. Francis. He received designation as a Fellow from the American College of Healthcare Executives in 2008. Mr. McIntosh serves on the Arthritis Foundation Board and Life Credit Union Board. `

W. Andrew Adams

Mr. W. Andrew Adams is a Director of National HealthCare Corp. He served NHC as a full-time employee and director for 32 years and served as its President and CEO until he resigned those positions in 2004, remaining as Chairman of the Board through 2008. At its inception in December 1997, he served National Health Realty, Inc. as President and Chairman of the Board, resigning his position as President in November 2004. Mr. Adams has been President (through February 25, 2009) and CEO (through February 28, 2011) and Director of National Health Investors, Inc. (“NHI”) since its inception in 1991; he continues as Chairman of the Board. He previously served on the boards of American Health Care Association, National Council of Health Centers, Assisted Living Concepts, SunTrust Bank, Lipscomb University and the Boy Scouts of America. Mr. Adams’ years of experience in the health care industry are invaluable to the Board along with his thorough financial acumen and leadership skills. He received his B.S. and M.B.A. from Middle Tennessee State University. He is the brother of Robert G. Adams and brother-in-law of D. Gerald Coggin.

J. Paul Abernathy

Dr. J. Paul Abernathy, M.D. is an Independent Director of National HealthCare Corp. He is a retired general surgeon. He was in private practice at Murfreesboro Medical Clinic from 1971 until retirement in 1995. Previously, he served as a general practice physician for Hazard Memorial Hospital in Hazard, Kentucky. Lt. Col. Abernathy additionally served as a flight surgeon for the Homestead Air Force Base in Florida and Chief of Surgery for the United States Air Force at Keesler Air Force Base in Mississippi. Dr. Abernathy twice served as President of the Rutherford County Stones River Academy of Medicine and is a member of the American College of Surgeons. Dr. Abernathy has a B.S. degree from Middle Tennessee State University and an M.D. degree from the University of Tennessee.

Ernest Burgess

Mr. Ernest G. Burgess III is an Independent Director of National HealthCare Corp. He served as NHC’s Senior Vice President of Operations for 20 years before retiring in 1994. In his past role as Senior Vice President of Operations, he gained significant operational experience in the long-term care business as well as experience with financial and accounting matters. He has a M.S. degree from the University of Tennessee and is currently the Mayor of Rutherford County, Tennessee. He brings to the Board unique leadership skills as well as the current government relations experience he has acquired as Mayor. Mr. Burgess also served on the board of National Health Realty, Inc. from December 1997 through October 2007. Mr. Burgess has been an NHC director since 1992 and serves on NHC’s Audit Committee, Compensation and Nominating Committee and Corporate Governance Committee.

Emil Hassan

Mr. Emil E. Hassan is an Independent Director of National HealthCare Corp. In 2004, he retired from the position of Senior Vice President of manufacturing, purchasing, quality and logistics for Nissan North America, Inc. Prior to joining Nissan, he was with Ford Motor Co. for twelve years, where he held various management positions in engineering and manufacturing. Mr. Hassan brings to the Board, among other skills and qualifications, years of management and financial experience from his positions with Nissan and Ford Motor Company. He is the chairman of the Business/Education Partnership of Murfreesboro and Rutherford County and he sits on the St. Thomas Health Board of Directors and serves on its Quality and Safety Committee along with the Finance Committee. He is a member of the Society of Automotive Engineers, the Leadership Rutherford Alumni Association, the Leadership Nashville Alumni Association and the Rutherford County Chamber of Commerce. He is a former board member of the Federal Reserve Bank of Atlanta, Nashville Branch.

Richard LaRoche

Mr. Richard F. LaRoche, Jr. is an Independent Director of National HealthCare Corp. He served NHC 27 years as Secretary and General Counsel and 14 years as Senior Vice President, retiring from these positions in May 2002. He has served as an NHC Board member since 2002. Mr. LaRoche also serves on the board of Cross Border Resources, Inc. (XBOR: Amex) and is chair of its Corporate Governance Committee and serves on its Audit Committee and Compensation Committee. He has a law degree from Vanderbilt University and an A.B. degree from Dartmouth College. Mr. LaRoche serves as a director of privately held Lodge Manufacturing Company and has previously served on the publicly held boards of National Health Investors, Inc. (1991 through 2008), National Health Realty, Inc. (1997 through 2007) and Trinsic, Inc. (2003 through 2006). Mr. LaRoche’s long career as former Secretary and General Counsel of the Company, during which time he was responsible for the Company’s finance and development initiatives, provides the Board with invaluable experience in addressing the issues and challenges facing the Company.

Basic Compensation

Name Fiscal Year Total

Robert Adams

186,591

Michael Ussery

1,253,660

Stephen Flatt

1,272,460

Brian Kidd

563,275

B. Anderson Flatt

--

Josh McCreary

--

Jeffrey Smith

677,258

Leroy McIntosh

--

W. Andrew Adams

186,591

J. Paul Abernathy

190,591

Ernest Burgess

186,591

Emil Hassan

190,591

Richard LaRoche

198,591
As Of  30 Dec 2018

Options Compensation