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Financial/Business

Hanger Hires New Chief Financial Officer

Latest exec to join company Oct. 1.

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By: Michael Barbella

Managing Editor

Hanger Inc. has found itself a new financial leader.

Thomas Kiraly, will join Hanger as executive vice president on Oct. 1 and become CFO later in the fourth quarter. Kiraly will work closely with Chief Financial Officer (CFO) George McHenry until his retirement on Dec. 31.

“With nearly 20 years’ experience serving as CFO at both public and private healthcare and information technology companies, Tom is a successful financial leader who excels at achieving operational success and forging strong relationships with staff, business partners, leadership, and investors,” Hanger President and CEO Vinit Asar said. “Tom has a keen understanding of the complexities and challenges of the evolving healthcare space and is motivated by Hanger’s vision, mission, and culture.He has the right vision to strengthen our accounting and financial processes for strategic future growth.”

Kiraly brings to the position nearly three decades of experience leading financial operations. Prior to Hanger, he served as executive vice president, CFO, and treasurer of Sheridan Healthcare Inc., a $1 billion healthcare solutions provider of radiology, anesthesia, emergency department, and children services. From 1999 to 2011, Kiraly was executive vice president, CFO and treasurer of Concentra Inc., an $820 million provider of urgent care, occupational healthcare, and other healthcare services. When Concentra was acquired in 2010 by Humana Inc., a Fortune 100 provider of insurance, health and wellbeing, and related healthcare services, Kiraly transitioned to vice president of Finance responsible for corporate financial forecasting, analysis, internal reporting, and accounting operations.From 1988 to 1999, as executive vice president and CFO of BRC Holdings Inc., Kiraly led the financial accounting, human resources, and legal functions of a $130 million publicly-traded provider of information technology services to healthcare firms and local governments.

– See more at: http://phx.corporate-ir.net/phoenix.zhtml?c=98837&p=irol-newsArticle&ID=1966313&highlight=#sthash.NyGCxXX7.dpuf

“I’m pleased to join Vinit and his team as they build upon Hanger’s long-standing reputation as an innovative market leader in the empowerment of human potential through orthotic, prosthetic, and therapeutic solutions,” Mr. Kiraly said.

Mr. Kiraly brings nearly three decades of experience leading financial operations.Prior to Hanger, Mr. Kiraly served as the EVP, CFO, and Treasurer of Sheridan Healthcare, Inc., a $1.0 billion healthcare solutions provider of radiology, anesthesia, emergency department, and children services.From 1999 to 2011, as EVP, CFO, and Treasurer, Mr. Kiraly led the financial, accounting, procurement, and real estate functions of Concentra, Inc., an $820 million provider of urgent care, occupational healthcare, and other healthcare services. In 2010 when Concentra was acquired by Humana, Inc., a Fortune 100 provider of insurance, health and wellbeing, and related healthcare services, Mr. Kiraly transitioned to Vice President of Finance responsible for corporate financial forecasting, analysis, internal reporting, and accounting operations.From 1988 to 1999, as EVP and CFO of BRC Holdings, Inc., Mr. Kiraly led the financial accounting, human resources, and legal functions of a $130 million publicly-traded provider of information technology services to healthcare firms and local governments.

Mr. Kiraly earned his Master of Business Administration from the University of Texas in Austin, Texas and a Bachelor of Arts in Speech Communication from California State University in Northridge, Calif.

About Hanger, Inc. – Built on the legacy of James Edward Hanger, the first amputee of the American Civil War, Hanger, Inc. (NYSE: HGR) delivers orthotic and prosthetic (O&P) patient care, and distributes O&P products and rehabilitative solutions to the broader market.Hanger’s Patient Care segment is the largest owner and operator of O&P patient care clinics with in excess of 770 locations nationwide. Through its Products & Services segment, Hanger distributes branded and private label O&P devices, products and components, and provides rehabilitative solutions.Steeped in over 150 years of clinical excellence and innovation, Hanger’s vision is to be the partner of choice for products and services that enhance human physical capability.For more information on Hanger, visit www.hanger.com and follow us at www.Facebook.com/HangerNews, www.Twitter.com/HangerNews, and www.YouTube.com/HangerNews.

– See more at: http://phx.corporate-ir.net/phoenix.zhtml?c=98837&p=irol-newsArticle&ID=1966313&highlight=#sthash.NyGCxXX7.dpuf


“I’m pleased to join Vinit and his team as they build upon Hanger’s reputation in the empowerment of human potential through orthotic, prosthetic, and therapeutic solutions,” Kiraly said.

Kiraly earned his M.B.A. from the University ofTexas in Austin and a B.A. in speech communication from California State University in Northridge.

Based in Austin,Texas, Hanger provides orthotic and prosthetic patient care, and distributes such products and rehabilitative solutions to the broader market.
– See more at: http://phx.corporate-ir.net/phoenix.zhtml?c=98837&p=irol-newsArticle&ID=1966313&highlight=#sthash.NyGCxXX7.dpuf
“I’m pleased to join Vinit and his team as they build upon Hanger’s long-standing reputation as an innovative market leader in the empowerment of human potential through orthotic, prosthetic, and therapeutic solutions,” Mr. Kiraly said. – See more at: http://phx.corporate-ir.net/phoenix.zhtml?c=98837&p=irol-newsArticle&ID=1966313&highlight=#sthash.NyGCxXX7.dpuf

“I’m pleased to join Vinit and his team as they build upon Hanger’s long-standing reputation as an innovative market leader in the empowerment of human potential through orthotic, prosthetic, and therapeutic solutions,” Mr. Kiraly said.

Mr. Kiraly brings nearly three decades of experience leading financial operations.Prior to Hanger, Mr. Kiraly served as the EVP, CFO, and Treasurer of Sheridan Healthcare, Inc., a $1.0 billion healthcare solutions provider of radiology, anesthesia, emergency department, and children services.From 1999 to 2011, as EVP, CFO, and Treasurer, Mr. Kiraly led the financial, accounting, procurement, and real estate functions of Concentra, Inc., an $820 million provider of urgent care, occupational healthcare, and other healthcare services. In 2010 when Concentra was acquired by Humana, Inc., a Fortune 100 provider of insurance, health and wellbeing, and related healthcare services, Mr. Kiraly transitioned to Vice President of Finance responsible for corporate financial forecasting, analysis, internal reporting, and accounting operations.From 1988 to 1999, as EVP and CFO of BRC Holdings, Inc., Mr. Kiraly led the financial accounting, human resources, and legal functions of a $130 million publicly-traded provider of information technology services to healthcare firms and local governments.

Mr. Kiraly earned his Master of Business Administration from the University of Texas in Austin, Texas and a Bachelor of Arts in Speech Communication from California State University in Northridge, Calif.

About Hanger, Inc. – Built on the legacy of James Edward Hanger, the first amputee of the American Civil War, Hanger, Inc. (NYSE: HGR) delivers orthotic and prosthetic (O&P) patient care, and distributes O&P products and rehabilitative solutions to the broader market.Hanger’s Patient Care segment is the largest owner and operator of O&P patient care clinics with in excess of 770 locations nationwide. Through its Products & Services segment, Hanger distributes branded and private label O&P devices, products and components, and provides rehabilitative solutions.Steeped in over 150 years of clinical excellence and innovation, Hanger’s vision is to be the partner of choice for products and services that enhance human physical capability.For more information on Hanger, visit www.hanger.com and follow us at www.Facebook.com/HangerNews, www.Twitter.com/HangerNews, and www.YouTube.com/HangerNews.

– See more at: http://phx.corporate-ir.net/phoenix.zhtml?c=98837&p=irol-newsArticle&ID=1966313&highlight=#sthash.NyGCxXX7.dpuf

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