Russell F. Tonnies

Mr. Tonnies joined PathGroup in 1997. He has extensive public company financial and accounting experience, with more than 25 years in healthcare. Prior to joining PathGroup, Mr. Tonnies served as Vice President and Treasurer of OrNda Healthcorp, which was then the third largest for-profit hospital company in the country with approximately $3 billion in revenue prior to its acquisition by Tenet Healthcare. Having negotiated and arranged over $2 billion of highly leveraged financing, Mr. Tonnies also managed various hospital acquisitions and supervised OrNda’s treasury operations, risk management, construction, and investor relations. From 1989 to 1992, Mr. Tonnies held the same title with Republic Health Corporation, the predecessor to OrNda, and from 1984 to 1989, he served as Director of Corporate Tax for the same company. Mr. Tonnies is a certified public accountant formerly with Ernst & Young, and a member of the American Institute of Certified Public Accountants.