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Salick Health Care Cuts Corporate Jobs, Elevates Executive VP to CEO

July 01, 1999

Los Angeles-based Salick Health Care Inc. said it has eliminated a dozen positions at its corporate headquarters, and named the company's executive vice president and general counsel as chief executive.

Peter Jessup, who had held his position for two years, succeeds Dr. Lawrence Piro as CEO.

The company also announced the resignation of chief operating officer Anthony LaMacchia and the appointment of Dr. John Macdonald to a new position as chief medical officer, in a reorganization intended to strengthen Salick Health Care's relationships with physicians.

The reductions represent less than 1% of the total work force, the company said. "This reorganization streamlines our top management team and brings our staff size in line with the number of people needed to carry out our mission," Jessup said.

Salick Health Care manages more than a dozen Comprehensive Cancer Centers, satellite centers and physician practices across the United States. It is a unit of London-based health holding company AstraZeneca Group.

* Paul Kitzinger has joined Glendale-based real estate investment manager American Realty Advisors as director of investment services. He will be responsible for new business development, consultant relations and client services. Kitzinger, a former Los Angeles Ram football player, was previously a vice president of Hart Advisors.

* Prudential Securities Inc., the New York-based global securities firm, has named Michael Lim first vice president of investments at its downtown Los Angeles office.

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