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Management Newsletter Article | August 31, 1992

CompCare Restructuring Announced

By Market Intelligence Team

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry News Comprehensive Care Corporation announced a restructuring plan that is expected to save three million dollars per year. Along with the plan, the company announced the resignations of president James Carmany and executive vice president Donald Simpson, according to a report in the September 7, 1992 issue (Volume 2, Number 34, Page 6) of Mental Health Weekly. Robert W. Woldfe, vice chairman of the board of directors, will replace Mr. Carmany. Robert Osburn will replace Mr. Simpson. The restructuring follows an announced net profit of $622,000, or three . . .

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