UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 5, 2007
Health Management Associates, Inc.
(Exact name of registrant as specified in its charter)
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Delaware | | 001-11141 | | 61-0963645 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
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5811 Pelican Bay Boulevard, Suite 500, Naples, Florida | | 34108-2710 |
(Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (239) 598-3131
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On November 5, 2007, Joseph V. Vumbacco, Vice Chairman of Health Management Associates, Inc. (the “Company”), agreed to resign as an officer, director and employee of the Company effective December 31, 2007. Following his retirement, Mr. Vumbacco will provide consulting services to the Company for at least one year. The consulting services will include certain projects agreed to by Mr. Vumbacco. Mr. Vumbacco will receive annual compensation of $400,000 for his consulting services. During the term of the consulting arrangement, Mr. Vumbacco will be provided office and secretarial support and will be eligible to receive the fringe and other benefits described in the Company’s 2007 proxy statement under the section entitled “Perquisites and Other Personal Benefits,” which section is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | Health Management Associates, Inc. |
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Date: November 7, 2007 | | By: | | /s/ Timothy R. Parry |
| | | | Timothy R. Parry |
| | | | Senior Vice President, General Counsel and Corporate Secretary |