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WakeMed Board of Directors Announces New Board Chair, Officers, Board Members

RALEIGH, N.C. (May 20, 2011) – WakeMed Health & Hospitals today announces
Tom Oxholm will become WakeMed Board Chair on Wednesday, May 25, a position he will hold for two years. Additionally, WakeMed Board of Directors has appointed Wally McBride as vice chair, Jerry Bernstein, MD, as secretary and three new board members.

“WakeMed sincerely thanks outgoing Board chair Billie Redmond,” commented Dr. Bill Atkinson, WakeMed president and CEO. “Billie has been a strong and vocal advocate for the system during her ten-year service to the board. We appreciate her leadership and guidance over the past decade and look forward to Tom’s leadership for the next two years.”

Tom Oxholm, Chair
Newly elected as chair of the WakeMed Board of Directors, Tom Oxholm has given service to the Board for the past eight years and to the WakeMed Foundation Board of Directors for more than 12 years. Prior to his role as chair, Oxholm served as secretary for the WakeMed Board of Directors. He has also served as chair of the Board’s Finance Committee for six years and chair of the WakeMed Foundation Board of Directors.

As vice president and chief financial officer of Wake Stone Corporation in Knightdale, N.C., Oxholm helps lead a company that owns and operates four stone quarries in eastern North Carolina and one in South Carolina. Additionally, Oxholm has been very active in supporting Wake County Public Schools. In 1997, he was named Citizen of the Year in Knightdale for his work in public education and in 1998 he received the Wake Education Partnership’s Friend of Education Award. He was elected to the Wake County Board of Education in 1999 and served four years. In 2008, he co-authored with former schools superintendent Bill McNeal “A School District’s Journey to Excellence” (Corwin Press). He is currently a Trustee of the Wake Education Partnership.

Wally McBride, Vice Chair
Elected to serve as the Board’s new vice chair, Wally McBride is a senior partner within the Public Finance Group of the Hunton & Williams law firm in Raleigh. He focuses on tax-exempt public finance transactions, primarily as bond counsel and tax counsel for arbitrage, securities law and general corporate matters. As a longtime member of the WakeMed Board of Directors, McBride was instrumental in assisting Wake County with conveyance of WakeMed to private, not-for-profit status in 1997 and in entering the Bond market in 2009. He has been particularly helpful in advising WakeMed on its bond issuances since that time.

Also active with other community organizations, McBride has devoted his time to the Triangle Chapter of the American Red Cross (13 years on the Board), the Eastern North Carolina Princeton University Alumni Schools Committee and the North Carolina Museum of Natural Sciences. McBride is a past president of the National Association of Bond Lawyers, a published author and an accomplished speaker within his field.

Jerry Bernstein, MD, FAAP, Secretary
Elected to serve as the Board’s new secretary, Jerry Bernstein, MD, FAAP, has been a pediatrician with Raleigh Pediatric Associates for more than 36 years and has played a vital role in shaping pediatric health care service at WakeMed and throughout Wake County. Among his contributions is the development of the WakeMed Children’s Emergency Department, which opened in 1997 as the first of its kind in our state. He also spearheaded the proposal to build the WakeMed Children’s Hospital, the first dedicated children’s hospital in Wake County. The Pediatric Intensive Care Unit (PICU) within the Children’s Hospital is named after Dr. Bernstein thanks to a $1 million pledge to the WakeMed Foundation’s Just For Kids Kampaign (JFKK) from his good friends Wes and Janet Chesson. The JFKK is a campaign to raise funds for the WakeMed Children’s Hospital and the expansion of its services.

Dr. Bernstein has been a member of the WakeMed Board of Directors for several years. He also served as the first chair of the WakeMed Foundation’s Board of Directors as well as chairman of the Foundation’s Physicians’ Council. Dr. Bernstein continues to lend his time and talents to the JFKK.

New Board Members Appointed
Also effective on May 25, Wake County appointed two new Board members: Les Merritt, executive director of the Foundation for Ethics in Public Service and Christina Alvarado Shanahan, a registered nurse and captain in the U.S. Navy Reserves who also served as president & CEO of Be Active North Carolina. WakeMed appointed Bill McNeal as a new Board member. McNeal is the former superintendent of the Wake County Public School System and now serves as executive director of the North Carolina Association of School Administrators.

About WakeMed Health & Hospitals
WakeMed Health & Hospitals is a private, not-for-profit health care organization based in Raleigh, N.C. The 870-bed system comprises a network of health care facilities throughout Wake and Johnston Counties. Centers of excellence include cardiac and vascular care, women’s and children’s services, physical rehab, emergency and trauma, orthopedics, neurosciences, home care and numerous wellness and community outreach programs. WakeMed’s team of 7,750 employees, 1,000 volunteers and more than 1,000 affiliated physicians serve the residents of North Carolina using the most advanced technologies to ensure the finest in health care. For more information, visit www.wakemed.org.