Former VP Dan Quayle '69 to Serve as Senior Advisor to Senex Financial Corp. Board

August 25, 2004

August 25, 2004, Greencastle, Ind. - Dan Quayle -- chairman of Cerberus Global Investments, America's 44th Vice President, and a 1969 graduate of DePauw University -- will act as senior advisor to the board of directors of Senex Financial Corp. Senex, a healthcare services company headquartered in Indianapolis, made the announcement today. "Few organizations have the opportunity to draw on the knowledge and expertise of someone like the former Vice President," says R. Matthew Neff, chairman and co-CEO of Senex and a 1977 DePauw graduate. "Dan Quayle will help Senex navigate complicated healthcare policy issues so that Senex can provide our hospital customers with compelling financial solutions to their self-pay challenges."

Quayle added, "Healthcare is a very challenging business these days. The solutions offered by Senex are creative and have real value in the marketplace. In addition, I have been in business with Matt Neff in the past, so I feel comfortable with the management team. My interest in serving as an Advisor to their Board is the result of my confidence that Senex can provide solid, significant solutions to self-pay problems."

Cerberus Global Investments, an affiliate of Cerberus Capital Management, is an investment fund headquartered in New York City. Dan Quayle is a member of several boards of directors, including those of K2 and Aozora Bank in Japan. Prior to being elected Vice President, Mr. Quayle was a member of the United States Senate and the House of Representatives.

Senex Financial Corp., through its subsidiaries, is engaged in providing assistance to healthcare providers, and in particular, hospitals, in the management of self-pay receivables. Senex is a leader in the monetization and management of self-pay healthcare receivables. Its president, Kyle E. Lanham, is also a DePauw graduate (1979). Read more about the company by clicking here.

Today's announcement was noted by Inside Indiana Business. Access it here.

Back