Floyd Memorial Announces New President and Chief Executive Officer

February 7, 2008

New Albany, Ind. – February 7, 2008

Floyd Memorial Hospital and Health Services has selected Mark D. Shugarman as the new president and chief executive officer. He will bring over 30 years of experience with him when he begins his new position on March 10.

“We engaged SpencerStuart, a national search firm, to help us find the most qualified candidate to help lead Floyd Memorial into the future,” said Jerrol Z. Miles, chairman of the Floyd Memorial Board of Trustees, “We were impressed with his background and his depth of experience in healthcare management. The search committee and the board feel he will be a great fit for Floyd Memorial.”

“I am excited about helping Floyd Memorial build on its already strong foundation. I was so impressed with the people, the facility and the medical staff during my visits. I’m looking forward to being a part of an excellent team of professionals,” said Shugarman.

Since 1993, Shugarman has served in leadership capacities with the Cincinnati based Catholic Healthcare Partners, one of the largest non-profit health systems in Ohio and the United States. Most recently, he served as president and CEO of Mercy Hospital Clermont, a 162 bed licensed acute care facility that was rated among the top 10 hospitals nationally for quality of care by Total Benchmark Solutions. He also served as president and CEO of Mercy Hospital in Tiffin, Ohio for eight years. Prior to joining Catholic Healthcare Partners, he served as senior vice president and chief operating officer at Northwest Hospital Center in Randallstown, Maryland.

His experience spans three decades in hospital leadership, serving in various capacities in planning, operations and administration. An undergraduate of the University of Maryland, Shugarman earned his master’s in Hospital Administration from George Washington University in Washington, D. C. in 1978. He has been active in several community organizations including the United Way where he chaired last year’s Eastern Cincinnati campaign and has also served on several boards including the Chamber of Commerce and the University of Cincinnati, Clermont County. He and his wife Melody have two daughters Carly and Jamie.

Floyd Memorial Hospital and Health Services is a regional healthcare provider that serves a seven county area with a range of services that include a new Heart and Vascular Center, Emergency Center and Women’s Imaging Center as well as the Joslin Diabetes Center Affiliate. They also operate two Urgent Care Centers and two primary care physician sites. In addition, Floyd Memorial Hospital also has a number of partnerships with physicians including The Cancer Center of Indiana, Priority Radiology and most recently Kleinert Kutz Surgery Center in New Albany, Indiana. For more information, visit www.floydmemorial.com.