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HOUSTON, Jan. 25 /PRNewswire/ -- Today, the Board of Directors of US Oncology Holdings, Inc. and its wholly owned subsidiary US Oncology, Inc. (collectively, "US Oncology" or the "Company") announced that, effective February 1, 2008, Dale Ross will transition out of his role as Chief Executive Officer (CEO) and will continue as the Executive Chairman of the Company. At that time, Bruce D. Broussard will become the Company's President and CEO. The CEO transition is a planned succession that follows Broussard's promotion to President in November 2005. Broussard was also elected to the Company's Board of Directors, effective February 1.
"For the past seven years, Bruce and I have worked together to build and strengthen our network and deliver value to our stakeholders," said Ross. "We will continue to fulfill the network mission to increase access to and advance the delivery of high-quality cancer care in America, with Bruce leading the day-to-day operations. It has been gratifying for me to work with Bruce and watch him grow into an exceptional leader and manager. His passion for execution, coupled with his vision and strategic prowess, will prove invaluable in these challenging, but opportune, times."
"It has been remarkable to be part of Dale's team at US Oncology. I feel fortunate to have learned from a CEO whom I, along with leaders throughout our network, greatly admire. I look forward to continuing our working relationship as he becomes Executive Chairman and we continue to develop our network and deliver on our commitment to excellence," said Broussard.
Ross has served as US Oncology's CEO and a member of the board of
directors since the Company's inception in 1992. In his role as Executive
Chairman, Ross will remain actively involved in the business of the
Company, but will be relinquishing operational duties. This will allow his
full attention to be focused on guiding long-term strategic opportunities
for the Company, enhancing eng
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