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3/16/2010

Remedi SeniorCare Appoints New General Counsel

Baltimore, Md. (March 1, 2010) – Remedi SeniorCare, the nation’s seventh largest long-term care pharmacy, today announced the appointment of Kathleen Chagnon as general counsel.  

In her new role, Chagnon will lead all legal and regulatory affairs for Remedi SeniorCare, including advisement on compliance with Medicare, Medicaid, DEA and Fraud and Abuse regulations.

“I am extremely pleased Kathleen will lead our legal and compliance initiatives and guide Remedi SeniorCare as we evolve our business,” says Michael Bronfein, CEO. “Kathleen is a highly regarded legal executive with deep experience and knowledge in corporate law and regulatory compliance. Her leadership will enable Remedi SeniorCare to expertly navigate a rapidly changing regulatory environment and manage risk for our company and our customers.”

Chagnon previously held positions as general counsel and chief compliance officer for American International Group (AIG), Constellation Energy Group and The St. Paul Companies Inc. She additionally was a partner at DLA Piper LLP and Saul Ewing LLP, private-practice law firms in Baltimore, Md. Throughout her career; Chagnon has focused on international trade, corporate compliance and risk management, mergers and acquisitions and securities.

A classical music enthusiast, Chagnon has served on the board of the Baltimore Symphony Orchestra since 2004 and currently provides corporate, governance and legal guidance as an executive officer and corporate secretary of the organization. She previously served as a board member of the St. Paul Chamber Orchestra in St. Paul, Minn.

Chagnon received her J.D. from Columbia University Law School and her bachelor of arts from Stanford University. She studied abroad at the University of Paris for a year and is a fluent French speaker. She is a member of the Maryland State Bar Association, the District of Columbia Bar Association, and the Customs and International Trade Bar Association.

About Remedi SeniorCare
Remedi SeniorCare, a long-term care pharmacy, transforms the way long-term care organizations manage and deliver medications for their residents. Growing from two established long-term care pharmacy operations, Remedi SeniorCare brings a unique understanding of the needs of long-term care nurses and administrators. The company provides reliable and accurate pharmacy delivery, innovative technology, deep expertise and high-touch service to guide facilities through the complex landscape of pharmaceutical care. Currently operating four pharmacies serving eight states and over 22,000 residents, Remedi SeniorCare helps long-term care facilities advance outstanding care, medication safety and financial strength. www.remedirx.com

About Sterling Partners

Sterling Partners, the sponsoring investor in Remedi SeniorCare is a leading private equity firm with over 25 years of experience partnering with entrepreneurs to build market-leading businesses and generate superior returns. With approximately $4 billion of assets under management, Sterling invests growth capital in industries with positive, long-term trends and provides ongoing support to management through a dedicated team of industry veterans, operators, strategy experts and human capital professionals. Sterling Partners is a leader in education, healthcare and business services and is co-headquartered in Chicago and Baltimore. For more information, please visit www.sterlingpartners.com.