January 2017 Around Town 1

HEALTHWAYS CEO PUBLISHES BOOK 
ON OVERCOMING ADVERSITY

Donato J. Tramuto, global healthcare activist and CEO of Franklin-based Healthways, Inc., is the author of a newly published book, Life’s Bulldozer Moments: How Adversity Leads to Success in Life and Business. Published by Hamilton Books, Tramuto’s story reflects on the challenges he has faced throughout his life – beginning with the loss of his hearing as a young boy – that have inspired him to succeed against all odds.

Tramuto illustrates how adversity can build character and highlights the events that instilled in him the drive to dedicate his life to making the world a more fair and just place for others.

“In the healthcare industry, individuals are typically defined by their physical health or their mental health, but we often overlook story health – the experiences that define and transform our lives,” Tramuto says. “In my case, my hearing loss, the death of my sister-in-law in childbirth due to a medication error, the tragic loss of my brother and nephew, and the loss of my friends on 9/11, are moments that struck the very core of my being and challenged me to get back up and live with purpose for another day. I hope that this book will inspire others to share their ‘bulldozer moments’ by recognizing their story-health matters.”

All proceeds from the sale of the book will go to the Tramuto Foundation. Established in 2001, the Foundation helps individuals and organizations achieve their healthcare and educational goals.

Tramuto serves on several executive leadership boards, including Robert F. Kennedy Human Rights, Boston University School of Public Health, Livongo Health Foundation, Brown University Healthcare Leadership Board, Sharecare, Inc., and Safe Harbor Compliance and Clinical Development.

LEE COMPANY’S VANCE RECEIVES HEART OF DISTINCTION AWARD FROM LOVE HELPS

Lee Company executive vice president Gerry Vance is the 2016 recipient of the Edwin C. Rodgers, Jr. Heart of Distinction Award from Love Helps, Inc., a local non-profit that strives to educate and affirm children toward responsible behavior through positive character development using diverse programs networked with the community and administered with love. Vance was recognized at the organization’s Holiday Luncheon in December.

“Love Helps works in Nashville’s public schools to have a positive impact on children and help set them on the road to success in life,” says Vance. “It’s been an honor for me to work with this wonderful organization over the past 21 years, and I am truly humbled by this recognition.”

Other honorees were Corporate Partner of the Year, Hereford Dooley Architects; School Partner of the Year, Tom Joy Elementary; and Volunteer of the Year, Tom Bauman of Earl Swensson Associates.

PARKER HANNIFIN TO BUY FRANKLIN-BASED CLARCOR IN $4.3 BILLION CASH DEAL

Parker Hannifin Corporation of Cleveland, Ohio has announced that it will acquire Franklin-based CLARCOR for approximately $4.3 billion in cash. Under the terms of the agreement, Parker will purchase all outstanding shares of CLARCOR for $83.00, a premium of nearly 18 percent to CLARCOR’s closing share price on November 30.

The transaction is expected to be completed by, or during, the first quarter of Parker’s fiscal year 2018 and is subject to customary closing conditions, including approval by CLARCOR’s shareholders and receipt of applicable regulatory approvals.

CLARCOR, a diversified marketer and manufacturer of mobile, industrial and environmental filtration products, has annual sales of approximately $1.4 billion and 6,000 employees worldwide. The acquisition enables Parker to add a broad array of industrial air and liquid filtration products and technologies to its filtration portfolio.

“Joining Parker provides a terrific opportunity to accelerate our mission of making our world cleaner and safer while delivering an immediate and substantial cash premium to our shareholders and bolstering the confidence of our customers,” said CLARCOR chairman, president and CEO Chris Conway. Conway went on to say that the acquisition would, “expand our growth plans and provide new opportunities for our employees.”