FORT MYERS, Fla., Oct. 26 /PRNewswire-FirstCall/ -- Radiation Therapy Services, Inc. , a leading operator of radiation therapy centers, announced today that Jeffrey A. Pakrosnis has been appointed to the newly created position of Treasurer. Mr. Pakrosnis will be responsible for all of the Company’s treasury management operations, including the areas of capital markets, cash management, insurance, and investment management.
Mr. Pakrosnis joins Radiation Therapy with over 19 years experience in financial reporting and internal controls with several publicly traded companies. Most recently, Mr. Pakrosnis held the position of Chief Financial Officer at Galaxy Associates, Inc., a specialty industrial chemicals company. His responsibilities included financial reporting, the management of equity and debt financing in conjunction with acquisitions as well as human resources and financial software selection and implementation.
Prior to joining Galaxy Associates, Mr. Pakrosnis was a senior manager at Ernst & Young LLP and KPMG LLP, specializing in accounting and auditing for a wide range of clients and Sarbanes-Oxley reporting requirements for publicly traded companies. Mr. Pakrosnis holds a Bachelor’s degree from the University of Cincinnati and is a Certified Public Accountant.
Dr. Daniel Dosoretz, President and Chief Executive Officer, said, “Jeffrey Pakrosnis adds a tremendous asset to our Company and will enhance our ability to address expanding financial management matters as the Company continues to execute its growth strategy. We believe Jeffrey’s extensive financial background combined with his intimate familiarity of the acquisition process and Sarbanes-Oxley will allow him to seamlessly integrate into his new role. His focus will be on treasury management matters in support of David Koeninger, Chief Financial Officer.”
About Radiation Therapy Services
Radiation Therapy Services, Inc., which operates radiation treatment centers primarily under the name 21st Century Oncology, is a provider of radiation therapy services to cancer patients. The Company’s 67 treatment centers are clustered into 21 local markets in 13 states, including Alabama, Arizona, Delaware, Florida, Kentucky, Maryland, Massachusetts, Nevada, New Jersey, New York, North Carolina, Rhode Island and West Virginia. The Company is headquartered in Fort Myers, Florida. More information about the Company can be found at its Web site http://www.rtsx.com. RTSXG
This release may contain forward-looking statements about the Company’s future plans, expectations and objectives. Words such as “may,” “will,” “expect,” “intend,” “anticipate,” “plan,” “believe,” “seek,” “could” and “estimate” and variations of these words and similar expressions are intended to identify forward-looking statements. These forward-looking statements are not historical facts and are subject to risks and uncertainties that could cause the actual results to differ materially from those projected in these forward-looking statements including, but not limited to those risk factors described in the “Risk Factors” section and other information in the Company’s most recently filed quarterly report on Form 10-Q and annual report on Form 10-K, as well as the Company’s other filings with the Securities and Exchange Commission which are available on the SEC’s website at http://www.sec.gov. Readers of this release are cautioned not to place undue reliance on forward- looking statements. The Company undertakes no obligation to publicly update or revise the forward-looking statements contained herein to reflect changed events or circumstances after the date of this release.
Contacts: Investors/Media: Dave Koeninger Nick Laudico/Jason Rando Chief Financial Officer The Ruth Group Radiation Therapy Services, Inc. 646-536-7030/7025 239-931-7282 nlaudico@theruthgroup.comdkoeninger@rtsx.comjrando@theruthgroup.com
Radiation Therapy Services, Inc.
CONTACT: Dave Koeninger, Chief Financial Officer of Radiation TherapyServices, Inc. +1-239-931-7282, dkoeninger@rtsx.com; Investors/Media, NickLaudico, +1-646-536-7030, nlaudico@theruthgroup.com or Jason Rando,+1-646-536-7025, jrando@theruthgroup.com, both of The Ruth Group forRadiation Therapy Services, Inc.
Web site: http://www.rtsx.com/