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DaVita Appoints Barbara J. Desoer to Board of Directors

DVA | October 8, 2015

DENVER, Oct. 8, 2015 /PRNewswire/ -- DaVita HealthCare Partners Inc. (NYSE: DVA), the leading independent medical group in America and leading provider of kidney care services, announced today that Barbara J. Desoer has been appointed to the company's Board of Directors.

Desoer is CEO of Citibank, N.A., a wholly owned subsidiary of Citigroup Inc. that accounts for approximately 70 percent of the firm's total assets. Prior to joining Citibank in October 2013 as chief operating officer, she spent 35 years at Bank of America, a diversified global financial services company, in various roles, most recently as president, Bank of America Home Loans.

Desoer earned a master's degree in business administration from the University of California, Berkeley, and a bachelor's degree in mathematics from Mount Holyoke College in South Hadley, Massachusetts. In addition to serving on the board of directors for Citibank, her professional and civic affiliations include memberships on the Advisory Council of the Haas School of Business at the University of California, Berkeley, and the Business Advisory Council of the Belk College of Business Administration at the University of North Carolina in Charlotte.

"We are excited about welcoming Barbara to our board. She is an experienced business leader with extensive management experience who brings to our board a deep understanding of regulated businesses that will be invaluable," said Peter Grauer, lead independent director.

"I am delighted to be joining the board of DaVita HealthCare Partners, a longtime leader and innovator in the rapidly evolving health care landscape," Desoer said. "I look forward to drawing upon my broad range of experience at leading companies to contribute to DaVita's future direction and growth."

About DaVita HealthCare Partners
DaVita HealthCare Partners Inc., a Fortune 500® company, is the parent company of DaVita Kidney Care and HealthCare Partners. HealthCare Partners manages and operates medical groups and affiliated physician networks in Arizona, California, Nevada, New Mexico, Florida and Colorado in its pursuit to deliver excellent-quality health care in a dignified and compassionate manner. As of June 30, 2015, HealthCare Partners provided integrated care management for approximately 826,000 patients. DaVita Kidney Care is a leading provider of kidney care in the United States, delivering dialysis services to patients with chronic kidney failure and end stage renal disease. As of June 30, 2015, DaVita Kidney Care operated or provided administrative services at 2,210 outpatient dialysis centers located in the United States serving approximately 176,000 patients. The company also operated 96 outpatient dialysis centers located in 10 countries outside the United States. For more information, please visit DaVitaHealthCarePartners.com.