Full Press Release Details
AMN Healthcare Appoints Brian Scott as
Seasoned Healthcare Executive Brings Robust Financial
Strategy Experience, Including Previous Role as Chief Financial Officer and Chief Accounting Officer of AMN for More Than 10 Years
DALLAS, October 3, 2024 - AMN Healthcare Services, Inc. (NYSE:
AMN) ("AMN" or "the Company"), the leader and innovator in total talent solutions for healthcare organizations
across the United States, today announced that Brian Scott has been appointed Chief Financial Officer and Chief Operating Officer, effective
November 21, 2024. In this role, Mr. Scott will be responsible for AMN's finance and enterprise operating functions as the Company
continues to evolve its model to be more automated and scaled.
Mr. Scott is returning to AMN, where he previously held a variety of roles
of increasing responsibility in finance, strategy and accounting over his 17-year tenure, including serving as CFO and Chief Accounting
Officer from 2011 to 2021. Under his leadership as CFO and CAO, AMN experienced a significant period of growth and transformation. Among
many other accomplishments, Mr. Scott notably drove a fourfold increase in quarterly revenue and 13x increase in adjusted EBITDA from
the fourth quarter 2010 through the second quarter 2021, aided by several highly accretive acquisitions.
Cary Grace, President and Chief Executive Officer of AMN, said, "I
am excited to welcome Brian back to AMN. As we focus on enhancing operational excellence and delivering strong financial returns, Brian
brings a deep knowledge of AMN, significant industry expertise, and an impressive track record in financial and capital management to
the CFO/COO role. He is a well-respected, results-driven, inspirational leader who can hit the ground running. I am confident he will
help us further build on our solid foundation and drive increased value for our stakeholders."
Mr. Scott said, "I am honored to return to AMN in this newly expanded
CFO/COO role. While the industry landscape continues to be dynamic, this business is well-positioned to capitalize on the opportunities
ahead. I am confident AMN will continue to distinguish itself in the market through the diversification of its business portfolio and
strategic technology investments. I have a deep passion for partnering with clients and clinicians to provide life-changing care to communities
and look forward to joining the team again in November to help take our business to the next level."
Mr. Scott's appointment follows AMN's recent announcement that
Jeffrey Knudson will be stepping down from his role as CFO, effective November 8, 2024, to pursue an opportunity with a private company
outside the healthcare industry.
Most recently, Mr. Scott served as CFO of Jack in the Box Inc. (NASDAQ:
JACK), a franchisor in the quick-service restaurant industry. Mr. Scott received a bachelor's degree in accounting from California
Polytechnic State University-San Luis Obispo, and a Master of Business Administration from the McCombs School of Business at the University
About AMN Healthcare
AMN Healthcare is the leader and innovator in total talent solutions for
healthcare organizations across the United States. Through a steadfast partnership approach, we solve the most pressing workforce challenges
to enable better clinical outcomes and access to care. We provide a comprehensive network of quality healthcare professionals and deliver
a fully integrated and customizable suite of workforce technologies.
The Company's common stock is listed under the symbol
"AMN" on the New York Stock Exchange. For more information about AMN Healthcare, visit www.amnhealthcare.com, where the
Company posts news releases, investor presentations, webcasts, SEC filings and other material information. The Company also utilizes
email alerts and Really Simple Syndication ("RSS") as routine channels to supplement distribution of this information.
To register for email alerts and RSS, visit http://ir.amnhealthcare.com.
Forward-Looking Statements
This news release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"). AMN Healthcare Services, Inc. (the "Company") bases these forward-looking statements on
its current beliefs, expectations, estimates, forecasts and projections about future events and the industry in which it operates. Forward-looking
statements are identified by words such as "believe," "anticipate," "expect," "intend,"
"plan," "will," "should," "would," "project," "may," variations
of such words and other similar expressions.
Be advised that developments subsequent to this news release are likely
to cause these statements to become outdated and the Company is under no obligation (and expressly disclaims any such obligation) to update
or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
Corporate Communications
Senior Director, Investor Relations & Strategy