LOUISVILLE, Ky., June 25, 2010 (GLOBE NEWSWIRE) -- ResCare, Inc. (Nasdaq:RSCR) today announced the results of its 2010 annual meeting of shareholders.
ResCare shareholders elected Ronald G. Geary and David Braddock as Class III directors for three-year terms. Robert M. Le Blanc was also elected by the preferred shareholders as a Class III director. Shareholders also ratified the appointment of KPMG LLP as the Company's independent auditor for the year ending December 31, 2010.
Ralph G. Gronefeld, Jr., ResCare's president and chief executive officer, said, "I would like to express my gratitude to our Board of Directors and congratulate Ron Geary, David Braddock and Robert Le Blanc on their re-election. All our Board members are deeply committed to the success of ResCare and are tremendous assets for the Company. Also, I am pleased that KPMG will continue as the Company's independent auditors for the year ending December 31, 2010."
ResCare, with 35 years of experience helping people reach their highest level of independence, is one of the largest providers of home care to the elderly and persons with disabilities. It also offers residential and support services to people with intellectual and developmental disabilities and provides education, vocational training and job placement for people of all ages and skill levels. Based in Louisville, Kentucky, ResCare and its more than 46,000 dedicated employees serve daily more than 65,000 people in 41 states, Washington, D.C., Puerto Rico and in a number of international locations. For more information about ResCare, please visit the Company's website at www.rescare.com.
From time to time, ResCare makes forward-looking statements in its public disclosures, including statements relating to expected financial results, revenues that might be expected from new or acquired programs and facilities, its development and acquisition activities, reimbursement under federal and state programs, financing plans, compliance with debt covenants and other risk factors, and various trends favoring privatization of government programs. In ResCare's filings under the federal securities laws, including its annual, periodic and current reports, the Company identifies important factors that could cause its actual results to differ materially from those anticipated in forward-looking statements. Please refer to the discussion of those factors in the Company's filed reports. Statements related to expected financial results are as of this date only, and ResCare does not assume any responsibility to update these statements.