TORONTO and HOUSTON, Nov. 12 /CNW/ - Northstar Healthcare Inc. (TSX:NHC)
today announced that Robert Kanee, who has been a director of Northstar since
the Company completed its Initial Public Offering in May, 2007, has been
appointed Chairman of the Board of Directors.
Mr. Kanee replaces Cecil Fleming, who has left the Company's Board of
Directors as a result of unexpected health problems that preclude him from
continuing with the Company.
"As Northstar's first Chairman of the Board, Cecil Fleming made a
tremendous contribution to the Company, both in terms of oversight and
leadership," said Mr. Kanee. "His experience and strong counsel will be
Mr. Kanee has wide-ranging business experience, including 11 years as a
senior executive with Abitibi-Consolidated Inc. He is also a director of
Kingsway Arms Retirement Residences and the Independent Review Committee for
Faircourt Asset Management Inc. In addition, he is on the board of the Youth
Employment Services Inc. of Toronto and spent over 10 years as a director
Women's College Hospital and Jewish Family and Child Services of Toronto.
About Northstar Healthcare Inc.
Northstar owns and/or manages ambulatory surgery centres in the United
States, focusing initially on Houston and other metropolitan areas in Texas.
The Company indirectly owns a controlling interest in two ambulatory surgery
centers in Houston, The Palladium for Surgery - Houston and Medical Ambulatory
Surgical Suites. In addition, Northstar manages an ambulatory surgery centre
in Dallas, an ambulatory surgical centre in Houston and three pain management
clinics in Houston.
Northstar was founded and sponsored by Donald Kramer, M.D., its Chief
Executive Officer, and Stewart A. Feldman. Mr. Feldman also served as the
co-principal in and Chairman and Chief Executive Officer of Healthcare
Ventures, Ltd., which sponsored Northstar, with Dr. Kramer serving as its
For further information:
For further information: Philip Koven, Tel: (416) 447-4740 Ext. 235,