Four Seasons Health Care, the UK’s largest independent elderly and specialist care provider, which was purchased by Terra Firma, a leading private equity firm, in July 2012, is delighted to announce the appointment of Ian Smith as Chairman. He will be joined on the board by Arjan Breure and Lorenzo Levi, both managing directors of Terra Firma, and by Lorcan Wood, a director of Terra Firma.
Ian Smith was previously Chief Executive of Reed Elsevier and of Taylor Woodrow and, from 2004 to 2006, of the private hospital company, General Healthcare Group.
Ian Smith said:
“I am excited about the opportunity to work with Pete Calveley and his team and to build further upon their success. Four Seasons is an excellent company and I look forward to playing my part in its development."
Pete Calveley, Chief Executive of Four Seasons Health Care, said:
“I am delighted to welcome Ian to the Four Seasons Health Care board and look forward to working with him. In addition to his outstanding record of achievement, Ian’s experience of running General Healthcare Group will be of real benefit to us.”
Guy Hands, Chairman and Chief Investment Officer of Terra Firma, said:
“Ian is an outstanding appointment as Chairman of Four Seasons. Terra Firma’s acquisition has provided Four Seasons with a much needed stable capital structure, and Ian will provide senior support to Four Seasons’ management to increase its ability to lead the sector in terms of quality of service.”
For further information:
Four Seasons Robert Mitchell (Parys Communications) + 44 (0)7976 514833
Terra Firma Andrew Dowler (Finsbury) + 44 (0)20 7251 3801
Date published: 15 September 2017