NEW YORK, June 26 /PRNewswire/ — The HealthCare Chaplaincy announced today that T. Michael Long, a general partner of Brown Brothers Harriman, will lead the board of trustees as its new chairman. During the early 1990s, Mr. Long served for five years as a trustee of The Chaplaincy and has been a stalwart supporter of the organization for almost twenty years. Mr. Long will succeed Lawrence J. Toal, who served as chairman for the past eight years.
“I feel very confident that The Chaplaincy will continue to grow under Mike’s exemplary leadership,” said Mr. Toal, former chairman, president & CEO at The Dime Savings Bank of New York, FSB. “Mike has the business acumen and experience necessary to lead the board as it oversees the execution of a new strategic plan and the launch of an ambitious capital campaign.”
Mr. Long joined Brown Brothers Harriman in 1971, and in December 1972, he aided in founding the firm’s newly organized corporate finance department, where he was instrumental in the development of its mergers and acquisitions and financial advisory activities. After serving as department head of Brown Brothers’ corporate finance department, Mr. Long was co-founder of the firm’s first “1818” private equity fund in 1989. Since then, the three 1818 Funds have invested in 34 companies, and Mr. Long has served as an active director of 18 companies, typically as a major or controlling shareholder.
Both as a corporate director and as co-manager of the 1818 Funds, Mr. Long has been closely involved in the development of several leading public and private healthcare and medical technology companies including, among others, HCA (the country’s largest operator of hospitals and out-patient surgery centers); National Healthcare (a leading operator of nursing homes); Steri-Oss and Nobel Biocare AB (two leading dental implant companies); CMS and Picis, Inc., (two leading clinical software providers); and MedSource, Inc. (a global provider of outsourced medical device manufacturing services). Mr. Long has also served as a director of numerous other firms, especially in the energy sector.
“I am pleased with Mike’s election and his acceptance of the chairmanship,” said the Rev. Dr. Walter J. Smith, S.J., president & CEO of The Chaplaincy. “Mike’s legendary success during his investment banking career at Brown Brothers and his notable achievements in growing several healthcare and medical technology companies will complement the strengths of our other trustees. He is a seasoned business leader with an equally passionate commitment to health care, research, education, and community service. His contributions during the next several years will be invaluable as The Chaplaincy looks beyond its 50th anniversary in 2011, and strategically works to insure its future,” Fr. Smith added.
Mr. Long has also served as a trustee of the Greenwich Country Day School, Ithaca College, and the Upper Canada College Educational Foundation. Mr. Long graduated cum laude from Harvard College with a B.A. in Government in 1965, and was the recipient of the Harvard University Corning Glass Traveling Fellowship. After beginning his career in higher education and management consulting, Mr. Long received an MBA with high distinction from Harvard Business School in 1971, where he also served as president of its Century Club.
The HealthCare Chaplaincy is a multifaith and multicultural community of professionals dedicated to caring for persons in spirit, mind, and body. Its mission is to advance the profession of pastoral care through visionary leadership and continuing excellence in innovative research, education, and clinical services.
http://www.healthcarechaplaincy.org/
The HealthCare Chaplaincy
CONTACT: Steven Shannon of The HealthCare Chaplaincy, +1-212-644-1111,ext. 141, [email protected]
Web site: http://www.healthcarechaplaincy.org/
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