October 23, 2009 (FinancialWire) — Omnicare, Inc. (NYSE: OCR) appointed John L. Workman executive vice president and chief financial officer, effective November 18, 2009.

Workman will oversee all aspects of Omnicare’s financial operations as well as its information technology function. He will report to Joel F. Gemunder, Omnicare’s president and chief executive officer.

Workman, age 58, currently serves as executive vice president and chief financial officer of HealthSouth Corp. (NYSE: HLS), the nation’s largest provider of inpatient rehabilitative healthcare services. He has held this position since 2004, when he joined HealthSouth as part of a new management team recruited to lead a turnaround of that company. At HealthSouth, Workman was responsible for all financial activities as well as the company’s information technology function. In addition, Workman was an integral part of the successful $3.2 billion recapitalization of HealthSouth in 2006 and played a significant role in executing its divestiture plan in 2007.

Prior to joining HealthSouth, Workman was chief executive officer of U.S. Can Corp., where he also served as chief operating officer and chief financial officer during his six-year tenure. Before that, he spent more than 14 years with Montgomery Ward & company, Inc., then a $7 billion retailer with more than 400 stores, serving in various capacities within the company’s financial organization, including Controller, chief financial officer and Chief Restructuring officer. Workman began his career with the public accounting firm KPMG, where he was a partner.

A certified public accountant, Workman has a bachelor’s degree in accounting from Indiana University and earned his master of business administration degree from the University of Chicago.

Workman replaces David W. Froesel, Jr., currently senior vice president and chief financial officer of Omnicare, who announced his intention to retire from the company earlier this year.

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