August 31, 1988 |
The board of directors of American Medical International on Tuesday accepted the resignation of Walter L. Weisman as chairman and chief executive of the hospital chain and named a sitting member of the board, Royce Diener, as interim successor. The special session of the board, held at the company's Beverly Hills headquarters, was prompted by a directors' committee that concurred with the company's four largest shareholders after they demanded that Weisman be replaced, the company said Monday.
July 20, 1988 |
A major investor in Beverly Hills-based American Medical International has called for the removal of Chairman Walter L. Weisman and threatened to challenge the firm's board, according to documents filed with the Securities and Exchange Commission. M. Lee Pearce, a Miami doctor who owns 7.5% of AMI's common stock, said in the filing that he may ask shareholders to select a new board if the current directors do not remove Weisman from the hospital chain's top spot.
September 7, 1988 |
American Medical International, the Beverly Hills-based hospital chain that has just weathered a controversial leadership change, has begun to lay off about 300 of its 2,000 employees as part of a cost-cutting effort. The layoffs, which are part of a larger cost-reduction plan, were outlined Tuesday in an interview with AMI Chairman Royce Diener. AMI's board of directors appointed Diener to be chairman and chief executive until the company selects a replacement for Walter L.
August 30, 1988 |
Walter L. Weisman, chairman and chief executive of American Medical International, has lost the support of most of the firm's directors and is expected to resign today, the company said Monday. The resignation is scheduled one day before a deadline set by M. Lee Pearce, a major shareholder who has long been critical of AMI management. Last month, Pearce--who holds the second-largest stake in the Beverly Hills hospital chain--urged the board to remove Weisman by Aug. 31.
December 7, 2001 |
To make sense of its crowded campus, the Los Angeles County Museum of Art has turned to a Dutchman schooled in Jakarta, Amsterdam and London; a playful thinker who teaches at Harvard and once co-wrote a screenplay for cult film director Russ Meyer; an architect whose works of severe geometry and unconventional materials are found in France, the Netherlands and Las Vegas.
January 20, 1989
* Richard A. Gilleland, 44, has been elected chairman of American Medical International, the Beverly Hills-based hospital chain. He previously had assumed the duties of chief executive. Gilleland was formerly chairman of Intermedics, an Angleton, Tex.-based producer of cardiac pacemakers and other biomedical devices. Gilleland succeeded Royce Diener, who had assumed the position of chairman and chief executive on an interim basis after AMI's board forced Walter L. Weisman to resign Aug. 30.