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McDermott & Bull and Client CareMeridian Announce the Placement of Mary Beth Formby as Chief Financial Officer

IRVINE, California, August 8, 2012 – McDermott & Bull, a Southern California-based retained executive search firm, announced today the successful appointment of Ms. Mary Beth Formby as Chief Financial Officer with CareMeridian in Aliso Viejo, California.

This executive recruiting engagement was conducted by Jeff Black, Partner at McDermott & Bull Executive Search. According to Mr. Black, “Mary Beth is an ideal fit for the unique CareMeridian culture that blends requirements for a high degree of mental agility and professional excellence with a deeply caring nature. Her highly successful career in healthcare finance with sophisticated companies made her talent a great fit, but it was her realness, personal credibility, and engaging nature that ensure her excellent contributions to the future success of CareMeridian.”

Ms. Formby has over twenty years of finance in the health care space and over 15 years of C-level finance leadership in healthcare. Before joining CareMeridian, she served as Chief Financial Officer for Lakewood Regional Medical Center/Tenet Healthcare Corporation in Lakewood, CA. Prior to this, Ms. Formby also held roles as Chief Financial Officer for multiple medical centers, including Garden Grove Hospital and Medical Center and Irvine Regional Hospital.

Ms. Formby obtained her Masters in Healthcare Administration from the University of Southern California, and her Bachelor of Science in Business Administration and Finance from California State University in Long Beach.

About CareMeridian

CareMeridian (www.caremeridian.com), a partner of The MENTOR Network, provides a continuum of high quality, cost-effective post-acute care, and rehabilitation options to people of all ages with brain, spinal cord, and other life-altering injuries and medically-complex illnesses. With program locations throughout the Western United States, CareMeridian offers a distinctive service delivery model, merging an experienced and skilled health care and rehabilitation team with state-of-the-art technology in community-based program settings designed to meet the unique needs of those we serve at every stage of their recovery. With an industry leading 1:4 staff-to-patient ration and 24/7 care, CareMeridian offers individualized care plans and personalized attention with our Interdisciplinary Treatment Team composed of: physicians; nurses; case managers; social workers; physical, speech, occupational, and respiratory therapists; neuropsychological specialists; activities directors; and dieticians.

About McDermott & Bull

McDermott & Bull, Inc. (www.mbsearch.com) is a retained executive search firm headquartered in Irvine, California. The firm serves both public and privately held clients in a variety of industries and functional areas. McDermott & Bull has developed expertise in fields including Technology, Financial Services, Energy, Manufacturing, Bio-Tech and Life Science, Retail, the Building Industry, Professional Services, and others. Founded by Rodney McDermott and Christopher Bull, the firm specializes in recruiting difficult-to-find and critical senior level talent for its clients. McDermott & Bull has worked with a large number of prestigious clients including Allergan, Advanced Medical Optics, Black & Decker, Harbor Freight Tools, Boeing, Aramark, Cisco Systems, Western Digital, Conexant, Google, Invitrogen, Meggitt PLC, J.F. Shea, Comerica Bank, and Union Bank.

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