WASHINGTON (dpa-AFX) - Allscripts Healthcare Solution Inc.(MDRX) announced Wednesday that it has appointed Paul Black as its President and Chief Executive Officer, effective immediately. Black is the former Chief Operating Officer of Cerner Corporation and is currently an Allscripts board member.
He replaced Glen Tullman, who would step down from his positions as Chief Executive Officer and board member. Lee Shapiro also will step down as President, effective immediately, and will serve as a consultant to Black for up to six months.
In addition to currently serving as an Allscripts board member, Black has served on the Board of The Truman Medical Centers for 12 years, most recently as Chairman, and as a director of Haemonetics Corp. (HAE).
Black spent more than 12 years with Cerner Corporation and retired as its Chief Operating Officer in 2007. For most of his career at Cerner, Black was Chief Sales Officer. Prior to Cerner, Black was with IBM from 1982 to 1994, in a number of senior sales, marketing and professional services leadership positions. Since 2007, he has been a Senior Advisor with New Mountain Capital in New York and served as a Director with several New Mountain portfolio companies. Black recently has served as an operating executive with Genstar Capital, responsible for expanding Genstar's healthcare and software practices, with specific focus on healthcare technology.
In addition, the company announced that the Board has formally concluded its evaluation of strategic alternatives. The Board concluded, however, that the best course at this time is to develop Allscripts' long-term potential under the direction of the company's new management team.
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