LAKE FOREST, Calif., March 19, 2014 (GLOBE NEWSWIRE) -- Tenex Health today announced that Al de Molina and Gary Holmes have been appointed to the company's board of directors.
Mr. de Molina, Partner at VCI Partners, is former CEO of GMAC/Ally, and former CFO of Bank of America. Mr. Holmes is President and CEO of CSM Corporation, a company he founded in 1976.
"Both Al and Gary have extraordinary business expertise," said Doug Kohrs, Tenex Health Chairman. "Al's background in key leadership positions at Bank of America and GMAC will offer us strong corporate and financial knowledge and insight. Gary is a true entrepreneur and will bring us the boldness and business acumen that he has honed over the past 30 years in growing many businesses. Tenex Health is poised for substantial growth, and both leaders will help guide the company as we realize our true potential."
About Tenex Health, Inc.
Tenex Health, Inc. (www.tenexhealth.com) (www.tenexhealthpatient.com) develops and markets innovative therapies for the treatment of tendon pain due to trauma or repetitive motion injuries. The minimally invasive technique utilizes the company's proprietary TX MicroTip™ handpiece to cut and debride diseased tissue in an outpatient setting, in under 20 minutes, using only a local anesthetic. Since the surrounding healthy tendon tissue is not disturbed, patients enjoy less discomfort and faster recovery times versus traditional open surgical procedures.