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St. Vincent Healthcare: CEO to Retire May 2011

June 11, 2010

Hospital Board of Directors to Launch National Search for Successor

Billings, Montana - St. Vincent Healthcare today announced the planned retirement of James Paquette, who will step down as President and Chief Executive Officer of the 286 licensed bed hospital in May 2011.

Mr. Paquette, 63, will work closely with St. Vincent Healthcare’s Board of Directors and its sponsor, Sisters of Charity of Leavenworth Health System (SCLHS), as they begin a national search for a successor. Mr. Paquette will continue in his current role until a new CEO is appointed.

“Today’s announcement allows ample time for a successful search and transition for the best leader of this incredible organization,” Mr. Paquette said. “In the meantime, our team will remain very focused on the work we have ahead to continue to improve the health of the patients and communities we serve.”

“Jim has provided excellent leadership for St. Vincent Healthcare and our Health System over the last 29 years,” said St. Vincent Board Chair Dr. Walt Peet. “Since his return to St. Vincent in 2006, he and his team have guided our organization through dramatic quality and service improvements that have helped St. Vincent earn a reputation as a top regional and nationally recognized hospital. We are pleased he will remain at the helm to facilitate a smooth transition.”

The St. Vincent Healthcare Board of Directors and SCLHS will begin a national search for candidates immediately.