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This profile was last updated on 8/26/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Darby Anderson

Wrong Darby Anderson?

Senior Vice President

Phone: (847) ***-****  HQ Phone
Email: d***@***.com
Addus HealthCare Inc
2401 South Plum Grove Road
Palatine, Illinois 60067
United States

Company Description: Addus HomeCare Corporation (Addus), formerly Addus Holding Corporation, is a provider of a range of social and medical services in the home. Addus operates through...   more
Background

Employment History

Education

  • bachelor of science degree
    Michigan State University
27 Total References
Web References
Addus HealthCare | Investor Relations | Corporate Governance - Management
phx.corporate-ir.net, 18 May 2014 [cached]
Darby Anderson Senior Vice President
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Darby Anderson Senior Vice President
Mr. Anderson has served as the Vice President of Addus' Home & Community Services segment since October 2007. Mr. Anderson originally joined Addus in 1996, starting as a Regional Manager in the Midwest, and was later promoted to Regional Vice President, Midwest & East in 2000. Prior to Addus, Mr. Anderson served as Vice President for a large Regional Home & Community Services provider for 5 years and for three years served as Assistant Administrator of a Chicago based Home health Agency. Mr. A... 
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www.sec.gov, 13 June 2014 [cached]
0001471815 Anderson Darby 2300 WARRENVILLE ROAD DOWNERS GROVE IL 60515 0 1 0 0 Senior VP of Operations
Darby Anderson, vice ...
www.europe.cnnfn.com, 12 Mar 2013 [cached]
Darby Anderson, vice president of home and community services for Addus, said he thinks that as more older consumers demand health care at home, competitors will eventually need to rethink their stance on wages and overtime as well.
Darby Anderson ...
phx.corporate-ir.net, 18 May 2014 [cached]
Darby Anderson (8)
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Darby Anderson.
For purposes of this proxy statement Company’s “named executive officers” are (i) Mark S. Heaney, (ii) Dennis Meulemans, (iii) Darby Anderson, and (iv) Paul Diamond.
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Darby Anderson, age 48, has served as Senior Vice President of Addus Healthcare since 2013. He was previously Vice President of Home & Community Services of Addus HealthCare since October 2007.
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Table of Contents
Mr. Anderson joined Addus HealthCare in 1996, starting as a Regional Vice President, Midwest until his promotion in 2000 to Regional Vice President, Midwest & East. Mr. Anderson earned a bachelor of science degree from Michigan State University.
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Darby Anderson, Senior Vice President;
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Our named executive officers received the following base salary increases, effective as of March 11, 2013: Mr. Heaney—from $325,000 to $400,000; Mr. Meulemans—from $250,000 to $265,000; and Mr. Anderson—from $237,500 to $265,000.
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Meulemans, Anderson and Diamond and Ms. Berkovich, the award opportunity for 2013 performance was based 75% on the achievement of certain levels of EBITDA and 25% on the achievement of individual performance goals (“MIT” goals).
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Meulemans, Anderson and Diamond and Ms. Berkovich, the target opportunity was 40%.
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Mr. Anderson
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Mr. Anderson
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Mr. Anderson
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Darby Anderson,
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Mr. Anderson: term life insurance premiums paid by us for the benefit of Mr. Anderson ($2,381), reimbursement for the use of a Company vehicle ($5,349) and matching contributions paid under our 401(k) plan ($819).
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Darby Anderson
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Darby Anderson
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Heaney and Anderson will vest on May 9, 2014.
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Mr. Anderson’s unexercisable options vest in two equal installments on each of April 30, 2014 and 2015.
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Heaney and Anderson and Ms. Berkovich do not participate in the Excess Plan.
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Employment Agreement with Mr. Anderson
We entered into an employment agreement with Mr. Anderson on August 27, 2007. Mr. Anderson’s employment agreement was amended in connection with the Company’s IPO. The initial term of Mr. Anderson’s agreement was four years from the agreement’s effective date; after the initial term, the agreement automatically renews for successive one-year terms, unless the Company provides at least thirty days’ notice prior to the expiration of the applicable term of its intention not to renew the agreement. Under the agreement, Mr. Anderson’s base salary was originally $185,000, subject to annual review and adjustment by the Board on or about January 1 of each year starting in 2009. Effective March 2013, the Compensation Committee increased Mr. Anderson’s annual base salary to $265,000.
For the year ended December 31, 2013, Mr. Anderson was eligible to receive a target bonus of 40% of base salary, based 75% on the achievement of Company EBITDA and 25% on personal objectives. In addition, under the agreement, Mr. Anderson is entitled to receive benefits paid to similarly situated employees, which includes, at a minimum, participation in health, disability and vacation plans, as well as receipt of a life insurance policy with a death benefit of up to five times his base salary, although we are not required to pay more than 3% of
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Table of Contents
Mr. Anderson’s base salary for such insurance policy. Mr. Anderson is entitled to receive severance benefits upon termination of employment as described below under “Potential Payments upon Termination or Change in Control.”
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Heaney, Meulemans and Anderson and Mr. Berkovich, described above, that provide for payments and benefits in the event of termination of employment.
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Under the employment agreements for Mr. Anderson, Reasonable Cause is defined as:
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Mr. Anderson — (i) unpaid base salary for any period prior to the effective date of termination, (ii) a pro rata payment of bonus for any period prior to the effective date of termination and (iii) accrued but unpaid benefits, including accrued vacation time and unused holidays. In addition, subject to strict compliance with the noncompetition, confidentiality and other covenants, Mr. Anderson would receive (i) severance pay for one year equal to Mr. Anderson’s annual cash compensation, which is defined as the sum of the highest base salary in effect for the executive, plus the greater of the prior year’s bonus or the annualized amount of the executive’s maximum target bonus (provided that the bonus portion of the severance payment shall not exceed 50% of annual base salary), plus (ii) a cash payment equal to the Company’s share of COBRA premiums for a period of 12 months.
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Meulemans and Anderson and Ms. Berkovich to receive severance, except for payments made to Messrs.
Addus HealthCare | Investor Relations | Biography
phx.corporate-ir.net, 18 May 2014 [cached]
Darby Anderson Addus HealthCare | Investor Relations | Biography
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Darby Anderson Senior Vice President
Mr. Anderson has served as the Vice President of Addus' Home & Community Services segment since October 2007. Mr. Anderson originally joined Addus in 1996, starting as a Regional Manager in the Midwest, and was later promoted to Regional Vice President, Midwest & East in 2000. Prior to Addus, Mr. Anderson served as Vice President for a large Regional Home & Community Services provider for 5 years and for three years served as Assistant Administrator of a Chicago based Home health Agency. Mr. Anderson serves on a number of Advisory committees, including the Executive and General sections of the Illinois Older Adult Services Advisory Committee. Mr. Anderson has a total of 18 years experience in the homecare industry. Mr. Anderson earned a bachelor of science degree from Michigan State University.
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