Precyse Completes Planned CEO Transition to Chris Powell
Powell Succeeds CEO/Founder Jeffrey Levitt, who Transitions to Executive Chairman
Wayne, PA and Alpharetta, GA Apr 15, 2014 — Precyse, an industry leader in Health Information Management (HIM) Performance Management and Technology, today announced that effective April 1, 2014, Christopher A. Powell, Precyse’s President since May 2011, was promoted to Chief Executive Officer and elected to the Board of Directors, succeeding company founder, Jeffrey S. Levitt, who will assume the role of Executive Chairman of Precyse’s Board of Directors and remain with the company.
“We began this transition process six months ago, as part of our management succession program. We are fortunate to have someone of Chris’ caliber and experience to lead Precyse in its mission to transform clinical documentation in healthcare with solutions that will make caregivers and healthcare provider organizations more efficient and effective in today’s challenging environment,” said Executive Chairman, Jeffrey Levitt. “The board and I are confident in Chris’ ability to expand Precyse’s mindshare and footprint in our target markets.”
“It has been a privilege to work with Jeff and our board over the past three years to help establish Precyse as a nationally recognized leader in our field. Jeff and I have worked side by side to transform the company from a services-based HIM industry leader to an HIM solutions company with a solid foundation for growth and continued innovation. I am honored to carry the torch as Precyse executes its strategic vision to deliver customer and shareholder value,” said Chris Powell, CEO of Precyse. “I am also delighted that the Company will retain Jeff’s industry and business insights as he transitions to his new role of executive chairman.”