Cerner President Trace Devanny to step down, CEO to assume role

By AP
Tuesday, July 13, 2010

Cerner President Devanny to step down

KANSAS CITY, Mo. — Cerner Corp., a health care information technology provider, said Tuesday its longtime president, Trace Devanny, is leaving the company effective July 16.

Devanny joined Cerner in 1994 as an executive and became president in 1999.

Chairman and CEO Neal Patterson will replace him, adding president to his title.

In a statemement from the company, Devanny said he decided to resign to pursue other business opportunities after “no small amount of deliberation over the interests of both me and my family.”

Cerner said it will report results for the second quarter on July 28. It expects these results to be “at or above” the guidance it gave in April.

It had forecast second-quarter profit of 64 cents to 69 cents per share on $440 million to $445 million in revenue, excluding items.

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