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Abstract
"Over the past six months, I have conducted an extensive review of our operations having visited a large number of our lab and imaging patient service centres and spent time in all of our clinical departments at our central laboratory. I have come away with a great respect for the work done by our professional staff and a thorough understanding of what is needed to strengthen and grow our business," said Thomas Wellner, President and Chief Executive Officer of CML. "The Company began as a laboratory services provider in Simcoe, Ontario and has had great success in the laboratory business over the ensuing 40 years. We need go back to our roots and explore opportunities to build upon our core capabilities in the lab sector in Canada," continued Mr. Wellner.
Cam Crawford will be moving into the newly developed role of Senior Vice President, Strategic Growth Initiatives. In this role, Mr. Crawford will be responsible for leading business development initiatives that are consistent with the Company's overall strategy. Mr. Crawford's mandate will be to grow revenue and margins through key strategic partnerships, and identification of innovative science and technologies to advance the Company's offering, efficiency and quality. Mr. Crawford will also lead CML's public policy initiatives to strengthen CML's relationships with key stakeholders such as Governments and new payors, as well as its marketing activities.
Based in Mississauga, Ontario, CML HealthCare Inc. is Canada's leading community-based, medical diagnostic services provider operating 113 laboratory patient service centres in Ontario and 103 imaging patient service centres in Ontario, British Columbia, and Alberta. CML is publicly-traded on the Toronto Stock Exchange under the symbol "CLC" and has approximately 89.8 million common shares outstanding. For more information, please visit www.cmlhealthcare.com.