Board of Directors
Our board includes financial, operational and medical professionals.
Guy W. Adams, Chairman of the Board and Chairman of the Executive Committee
Mr. Adams is Managing Director of GWA Capital Partners, a registered investment advisor in Beverly Hills, CA. He has over 30 years of experience in money management and investment banking. For the past 20 years, Mr. Adams has structured private and public equity investments for himself and for various wealthy families. He is currently on the board of directors of: Reading International (RDI) (2014 - Present) serving as Chairman of the Executive Committee and First Physicians Capital Group (2019 – Present) serving as Chairman of the Board.
Mr. Adams was involved in three successful proxy contests: Exar Corporation, in which he was publicly endorsed by both Institutional Shareholders Services ("ISS") and Glass Lewis & Co., resulting in the decisive election of the entire GWA dissident candidate slate in 2005-07 where he served as Chairman of Audit Committee and Financial Expert; and Mercer International, 2003-2013 as a nominee of Greenlight Capital, where he served on Compensation and Audit Committee. Previously, Mr. Adams served as a director of Lone Star Steakhouse & Saloon 2001-2002. Mr. Adams was publicly endorsed as a candidate for the Lone Star Board by ISS and California Public Employees' Retirement System (CalPERS). He also served on the board of Vitesse Semiconductor 2007-08, serving on the Compensation and Audit Committees.
From 1989-1995, Mr. Adams held the position of Investment Manager with Decurion Corporation, a holding company for a Forbes 400 Wealthiest Family. He also served as Chairman of the Pacific Theatres Employees Retirement Plan.
From 1986-1989, Mr. Adams was President and Founder of Petro Investments, an investment banking company advising on mergers and acquisitions in the oil and gas industry. Earlier in his career, Mr. Adams was with Sonat Offshore (now Transocean) as a Drilling Engineer, General Manager, and Area Manager of Operations. While at Sonat, he was responsible for offshore drilling operations in the Far East, Middle East, Africa and Europe, overseeing 427 employees and operations in 13 foreign countries. During this period, his division set three (3) world records for exploratory drilling in ultra-deep waters.
Mr. Adams has been profiled in The NY Times, Fortune, Smart Money, Institutional Investor, Money, Business Week, The Wall Street Journal, and many other publications. He has appeared on CNBC and was a past keynote speaker at the Council of Institutional Investor conference. During his career, he has developed an in-depth knowledge of matters involving corporate governance, proxy contests, strategic mergers and acquisitions, and corporate restructurings. In 2018 he became a National Association of Corporate Directors Governance Fellow.
Mr. Adams has an undergraduate degree from Louisiana State University in Petroleum Engineering and a MBA from Harvard Business School.
Jeff Hill, Director and Chief Executive Officer
Jeff Hill is the CEO of First Physicians Capital Group and joined the organization in March 2020. He is an innovative leader in the healthcare community with over 30 years of medical and clinical experience. His background in organizational, clinical and service excellence help bring a visionary perspective to his leadership expertise.
Hill previously served in other executive roles including regional vice president of Quorum Health Resources in Brentwood, Tennessee and the CEO of both Steele Memorial Medical Center and Midwest Medical Center. He graduated from Wichita State University with a degree in medical technology and received his master’s degree in health administration from the University of Colorado-Denver.
Hill has been recognized in Becker’s Hospital Review as 50 Rural Hospital CEOs to Know in 2014 and 2015. He was awarded Press Ganey’s Guardian of Excellence for patient experience as well as the National Rural Health Association’s Top 20 Critical Access Hospital in America.
Richardson E. Sells, Lead Independent Director
Mr. Sells has served on our Board of Directors since April 2005. From January 2001 through February 2007, Mr. Sells served as Vice-President Global Sales, Cargo, a $1 billion division of Northwest Airlines, Inc. Prior to joining Northwest Airlines, Mr. Sells was Managing Director, in Hong Kong and China, for CV Transportation Services, LDC, from 1996 through December 31, 2000. From 1991 through 1995, Mr. Sells served as Vice President of Franchise and President South Asia for Holiday Inn Hotels Worldwide. Mr. Sells served in the US Army for 3 years, with an honorable discharge in 1969. Mr. Sells attained a bachelor’s degree in Business Management from the University of Tennessee and East Tennessee State University.
William Houlihan, Director
Mr. Houlihan has more than 40 years of finance experience. He has been Chief Financial Officer, or a member of the Board of Directors, for 14 publicly traded and privately owned companies between 2001 and the present. Mr. Houlihan also was an investment banker for Goldman Sachs and other major Wall Street firms from 1981 to 2000, when he advised CEOs and other corporate officers of more than 200 companies on a broad range of acquisitions, financings and other corporate transactions. His industry experience includes healthcare providers, banks, non-bank lenders, technology companies and real estate investors. Mr. Houlihan received a B.S. in Accounting in 1977 from Manhattan College, became licensed as a C.P.A. in 1979, and received his M.B.A. in Finance in 1983 from New York University Graduate School of Business.
Robert N. Schwartz Ph.D., Director
Dr. Schwartz has been on the Board of Directors since August 1998. He has served on the faculty of the University of Illinois at Chicago and the University of California, Los Angeles. He is a former member of the technical staff at the Hughes Research Laboratories, Malibu, California. Dr. Schwartz is currently a research faculty member in the Department of Electrical and Computer Engineering at UCLA. He has a Ph.D. in Chemical Physics from the University of Colorado.
Anthony J. Ciabattoni, Director
Anthony J. Ciabattoni became a First Physician Capital Group board member in 2014 and is currently the company’s second largest shareholder. In addition to his own investment in 2006, he also played an advisory role in introducing the company’s growth potential to prospective investors. That effort led to the raising of a majority of the invested capital that was used to acquire both the Stroud and Anadarko entities.
Tony brings a diverse business background in sales and marketing with two Fortune 200 companies. That experience led him to building and operating his own enterprise, Pacific Business Interiors, in 1984. Over the next eleven years Tony’s company grew from a start-up to becoming a Southern California leader in providing large corporations with integrated and diversified products and facilities management services. In 1996 he made the decision to sell his company and to move on to new challenges and opportunities. After building a home in Laguna Beach, California, he has since spent his time participating in a myriad of investment opportunities in various private equity sectors, including real estate, technology, telecom and healthcare. He currently serves as either a board member, or an advisor to several companies.
In 2005, he formed Laguna Legacy Fund, a charitable organization that receives its non-profit status through its relationship with the Orange County Charities Foundation. Laguna Legacy’s mission is to make grants to local persons and non-profit organizations of need.
Tony was born and raised in Delaware and earned a Bachelor of Arts Degree from the University of Delaware. He and his wife Jane, a retired high school teacher, reside in Laguna Beach. They have been married for 52 years and have two children, Susan and Michael, and two grandchildren, Delaney and Lilianna.