Board of Directors
Flint D. Besecker has been a member of our Board of Directors since Care was formed and serves as Vice Chairman. Mr. Besecker has been President of our Manager since its formation. In his capacity as president, he is responsible for its overall strategy, growth and profitability. Prior to joining CIT Group in December 2004, he held a variety of executive positions at GE Healthcare Financial Services from October 1999 until November 2004. Mr. Besecker served as a Managing Director and Group Head of GE Healthcare Financial Services from October 2002 until November 2004 and, prior to that, as Director-Strategic Marketing from October 2001 until October 2002. In addition, Mr. Besecker served as Executive Vice President and Chief Risk Officer of Heller Healthcare Finance and was the President and Co-founder of Healthcare Analysis Corporation. He has also served as an officer of Healthcare Financial Partners. Mr. Besecker received a BS in Accounting from Canisius College and is a Certified Public Accountant.
Gerald E. Bisbee, Jr. has been Chairman, President and Chief Executive Officer of ReGen Biologics, Inc, an orthopedic medical device developer, manufacturer and distributor, since 1998. Prior to joining ReGen, he was Chairman and Chief Executive Officer of APACHE Medical Systems, Inc., which he joined in 1989. Mr. Bisbee is currently a Director of Cerner Corporation. He received a BA in Business from North Central College, an MBA from the Wharton School of the University of Pennsylvania, and a PhD and M.Phil. from Yale University. Mr. Bisbee serves as the Chair of the Audit Committee of Care's Board of Directors, as well as a member of its Compensation Committee.
Kirk E. Gorman is Chairman of our Board of Directors and is a member of the Nominating, Corporate Governance and Investment Oversight Committee. Since September 2003, he has been Senior Vice President and Chief Financial Officer of Jefferson Health System, Inc. Prior to joining Jefferson Health System, Mr. Gorman was Chief Financial Officer of Universal Health Services, Inc. from 1987 until March 2003. Universal Health Services is a large healthcare management company, operating acute care hospitals, behavioral health facilities and ambulatory centers throughout the United States. Mr. Gorman also served as President of Universal Health Realty Income Trust, a REIT specializing in healthcare and human service related facilities, from 1987 until March 2003. He is currently a director of VIASYS Healthcare Inc, and IASIS Healthcare Corporation. Mr. Gorman received and AB from Dartmouth College and an MBA from the Tuck School of Business.
Alexandra Lebenthal has been President and Chief Executive Officer of Alexandra & James, Co., a wealth management company, which she co-founded. Prior to forming Alexandra & James, she was Chief Executive Officer, Executive Vice President of the Lebenthal Division of Advest Inc. from January 2002 until December 2005. Ms. Lebenthal is currently a Director of Broadridge Financial Solutions and The Securities Industry Financial Markets Organization. She received an AB in History from Princeton University. Ms.Lebenthal is member of Care's Audit and Compensation Committees.
Karen P. Robards has been a partner of Robards & Company, LLC, a financial advisory, consulting and private investment firm since 1987. From 1976 to 1987, Ms. Robards was an investment banker at Morgan Stanley & Co., where she headed its healthcare investment banking activities. Ms. Robards serves as the independent chair of the board of several open-end and closed-end BlackRock mutual funds and is a Director of AtriCure, Inc. Ms. Robards is a co-founder and Director of the Cooke Center for Learning and Development. She received an AB in Economics from Smith College and an MBA from Harvard Business School. Ms. Robards serves as a member of the Audit Committee and the Nominating, Corporate Governance and Investment Oversight Committee of Care's Board of Directors.
J. Rainer Twiford has been President of Capital Strategies Advisors, Inc, an investment advisory company since 1999, and was a partner of Trammell Crow Company from 1987 until 1991. He is currently a Director of Russel County Hospital and IPI, Inc., and previously served on the board of a children's behavioral health company. Mr. Twiford received a BA and PhD from the University of Mississippi, an MA from the University of Akron, and a JD from the University of Virginia. He serves as Chair of the Composition Committee and is a member of the Nominating, Corporate Governance and Investment Oversight Committee of Care's Board of Directors.
Steven N. Warden joined CIT Group in 2005 as a co-founder of a newly formed healthcare industry group. Mr. Warden was named President and Co-Head of CIT Healthcare in April 2008. CIT Healthcare has evolved into a leading provider of advisory and financing services to middle market healthcare companies. Mr. Warden is also a member of CIT Healthcare’s Investment Committee.
Prior to joining CIT, Steve was with GE Healthcare Financial Services from 2002-2005 as a Managing Director in the Strategic Relationship Group. The Group managed relationships with large hospital systems in the United States. From 1992-2002, Steve was with Deutsche Bank Securities in New York, most recently as a Managing Director in the Leveraged Finance Group and was involved in many of the major debt financings completed by the investor-owned healthcare providers. His focus on the healthcare industry began in 1987 when, as an employee at Wells Fargo Bank, he was closely involved in the leveraged recapitalization of a number of the larger hospital companies. Steve began his banking career at Manufacturers Hanover Trust Company in the Management Credit Training Program following his graduation from St. Lawrence University in 1979 with a Bachelor of Arts in Economics.
