HealthSouth Corp. (NYSE: HLS) reported Thursday that it hired Douglas Coltharp as its new chief financial officer, according to Associated Press.
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Coltharp will join the company on May 6.
HealthSouth said he has been a partner at Arlington Capital Advisors and Arlington Investment Partners, an investment banking and private equity firm, since May 2007.
Prior to that, Coltharp served 11 years as executive vice president and chief financial officer for Saks Incorporated (NYSE: SKS). Coltharp began his career in 1987 at Nations Bank, N.A. (now part of Bank of America) and rose to become senior vice president and head of Southeast Corporate Banking.
Coltharp currently serves as a member of the Board of Directors of Ares Capital Corporation (NASDAQ: ARCC), Under Armour, Inc. (NYSE: UA) and Rue 21, Inc. (NASDAQ: RUE).
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