SAN ANTONIO--(BUSINESS WIRE)--Kinetic Concepts, Inc. (NYSE: KCI) announced today that the Board of Directors of KCI has determined that it will amend KCI’s By-Laws prior to the 2012 annual meeting of shareholders to declassify the Board of Directors. KCI’s By-Laws currently provide that the directors are divided into three classes, with each class serving three-year terms and only one class elected each year. The amendment will provide that beginning with the 2012 annual meeting each director whose term is expiring shall be elected for a one-year term. Consistent with Texas law and KCI’s current governing charter and By-laws, existing directors will serve out their remaining terms.
