Providence Service Corp names ex-PE investor as CFO

Tucson, Arizona-based Providence Service Corp, a provider of multiple health care and social services, has appointed David Shackelton as its new chief financial officer. Shackelton, who has been the company’s interim CFO since this past August, is succeeding James M. Lindstrom in this role. Prior to joining Providence Shackelton worked at Mill Road Capital and Blackstone.

PRESS RELEASE

TUCSON, Ariz., Oct. 1, 2015 /PRNewswire/ — The Providence Service Corporation (Nasdaq: PRSC) today announced that it has named David Shackelton as the Company’s new Chief Financial Officer, effective immediately. Mr. Shackelton has served as Interim Chief Financial Officer since August 2015 and succeeds James M. Lindstrom in this position.

David Shackelton, age 30, joined Providence in February 2014 as Head of Corporate Development and was subsequently appointed Interim Chief Financial Officer. In addition to sourcing and leading due diligence on acquisitions, he has supported capital market activities, integration planning and execution, strategy development, and financial planning and analysis. Prior to joining Providence, he was a private equity investment professional at Mill Road Capital and The Blackstone Group. Mr. Shackelton has a BA in Economics from Yale University and a MBA from Stanford Graduate School of Business.

“David’s contributions as Head of Corporate Development since 2014, his commitment to Providence’s core values and his exemplary leadership make him a model chief financial officer,” commented James Lindstrom, Providence’s Chief Executive Officer. “In addition, his acquisition experience and partnerships with our vertical leadership teams will enable him to have even more of an impact on creating value for our clients, associates and shareholders.”

About The Providence Service Corporation
The Providence Service Corporation, and our approximately 14,000 employees, provides and manages multiple healthcare and social services, comprised of non-emergency transportation services, human services, workforce development services, and health assessment services in the United States and abroad. For more information, please visit provcorp.com.