Hospital For Special Surgery President & CEO Announces Succession Plan; John Reynolds To Work Closely With Successor In Phased Move To Retirement

NEW YORK--(BUSINESS WIRE)--March 24, 2005--The Hospital for Special Surgery (HSS) announced that its president and chief executive officer, John Reynolds, has initiated a carefully planned succession program worked out with the hospital’s board of trustees in which he would expect to retire after a successor is in place. HSS board Co-Chairman Aldo Papone said, “John’s guidance and devotion to the Hospital for Special Surgery these last two decades have been simply outstanding. Under his watch, the quality of care, fiscal health and scope of treatment for musculoskeletal disease at the hospital have reached the highest level in its history. While we regret his decision, we can only offer a most grateful expression of thanks and respect his wishes for more personal time. The generous time frame he has created -- allowing us to find a successor -- is consistent with John’s professionalism and deep feelings towards this institution.”