Landauer (LDR) Names New Board Member
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Landauer, Inc. (NYSE: LDR) announced that Teri G. Fontenot has been appointed to the Board of Directors, effective September 28, 2016, expanding the Company's Board to nine directors.
Ms. Fontenot has nearly 35 years of experience in leading healthcare organizations. She is currently the President and Chief Executive Officer of Woman's Hospital, a Level III regional referral hospital in Baton Rouge, Louisiana dedicated to women's and infants' healthcare, a position she has held since 1996.
In addition, the Board of Directors announced that, effective at the Company's 2017 Annual Meeting of Shareholders, Robert Cronin, Lead Independent Director, will retire from the Board, as required by the retirement policy set forth in the Company's Governance and Nominating Standards. Current Landauer director, William G. Dempsey, will succeed Mr. Cronin as Lead Independent Director of the Board, effective October 1, 2016. William G. Dempsey joined Landauer's Board of Directors in 2008.
Michael T. Leatherman, Executive Chairman of the Board said, "It is a great pleasure to welcome Teri to the Board. Teri is a proven leader in the healthcare industry and, in addition, brings a wealth of financial experience to Landauer. Her expertise will be invaluable to better understand customer needs as Landauer continues to broaden its products and services targeted at the healthcare industry."
Mr. Leatherman continued, "On behalf of the Board, I would like to thank Bob for his service and valuable contributions during his tenure. Landauer has made significant progress over the past few years, and it is clear the Company is well positioned to continue executing its growth strategy and capitalize on the substantial market opportunities ahead."
Teri Fontenot Biography Teri Fontenot has a breadth of healthcare leadership and finance experience. She is currently the President and Chief Executive Officer of Woman's Hospital, a Level III regional referral hospital in Baton Rouge, Louisiana dedicated to women's and infants' healthcare, a position she has held since 1996. Ms. Fontenot joined Woman's Hospital in January 1992 and has held a variety of roles during her tenure, including Chief Operating Officer and Chief Financial Officer. She previously served as Chair of the American Hospital Association and as a member of the Federal Reserve Bank of Atlanta Board, as well as a member of the NIH industry committee. She is a Fellow of the American College of Healthcare Executives (FACHE) and earned a Bachelor of Business Administration in Accounting from the University of Mississippi and a Master of Business Administration from Northeast Louisiana University.
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