Jeb Bush and David Siegel Join Angelica's Parent Board |
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FOR IMMEDIATE RELEASE
ST. LOUIS, MISSOURI
October 28, 2008
Jeb Bush and David Siegel Join Angelica's Parent Board
ST. LOUIS, Missouri - October 28, 2008-Angelica Corporation, announced
today that former Florida Governor Jeb Bush and David Siegel, current
CEO of XOJET, the fastest growing private aviation company in the
United States, have been appointed to the Board of Directors of the
company's parent corporation.
Jeb Bush was elected Florida's 43rd governor in 1998 and served two
four year terms, the maximum allowed under Florida law. Highlights of
his administration include reform of the state's educational system,
restructuring of state's health care programs and pursuit of state tax
cuts. His leadership helped Florida lead the nation in job creation.
Governor Bush was born in Midland, Texas. He graduated from the
University of Texas at Austin in less than three years with a
bachelor's degree in Latin American studies. Before pursuing his
political ambitions, Governor Bush had a successful business career
including positions in international finance and banking, as well being
a partner in one of south Florida's leading real estate development
firms.
David Siegel was named President and CEO of XOJET October, 2008.
Founded in 2006, XOJET has quickly become one of the world's fastest
growing aviation companies, built on a unique business model that
combines private jet ownership, membership and on-demand travel and a
singular focus on providing the highest level of customer service at
every point of the client's experience. XOJET recentely secured $2.46
billion for fleet expansion.
Previously Mr. Siegel was Chairman and CEO of Gate Gourmet, the world's
largest independent airline catering and logistics provider, since June
2004 and he continues to server as non-executive Chairman of the
Board. Under his leadership Gate Gourmet successfully completed major
refinancing, restructuring, and key labor agreements in the U.S. and
U.K. Mr. Siegel was able to drive significant financial and
organizational improvements tripling enterprise value while building a
best-in-class portfolio of in-flight products and services with more
than 20,000 employees in over 25 countries.
Prior to Gate Gourmet, Mr. Siegel served as President and CEO of US
Airways Group, Inc. and Chairman and CEO of Avis Rent a Car. Mr.
Siegel holds an MBA from Harvard Business School and a Bachelor of
Science degree in applied mathematics and economics from Brown
University, where he graduated magna cum laude.
Commenting on the appointments, Steve O'Hara, President and CEO of
Angelica, noted, "We are very fortunate to add these two outstanding
individuals to our Board of Directors. We expect Governor Bush's
experience in healthcare to provide valuable strategic guidance to
Angelica as we seek to maintain our position as the preeminent
healthcare linen service provider. In addition, Mr. Siegel's ability
to provide leadership to multi-site, complex logistic operations will
help guide development of Angelica's operations to best-in-class."
About Angelica Corporation:
Angelica Corporation is the leading provider of textile rental and
linen management services to the U.S. healthcare market. Angelica
provides laundry and linen management services to hospitals, long term
care facililties and out patient medical practices from 28 service
centers across the nation. Through its strategy of "Delightful Service
through Innovation", Angelica is driving innovation in products and
services that become a standard of excellence for patient and customer
satisfaction.
STEPHEN M. O'HARA JIM DUCKER
PRESIDENT & SENIOR VICE PRESIDENT
CHIEF EXECUTIVE OFFICER STRATEGY & MARKETING
(314) 845-3800 (678) 823-4108
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