Diversicare Healthcare Services, Inc. (NASDAQ:DVCR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)Retirement of Executive Officer
Today the Board of Directors of Diversicare Healthcare Services, Inc. announced the retirement of Kelly Gill as President and Chief Executive Officer of the Company, effective July 6, 2018. A copy of the press release announcing the resignation is attached as Exhibit99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety.
(c)Newly Appointed Executive Officer
The Board of Directors of Diversicare Healthcare Services, Inc. also announced the appointment of James R. McKnight, Jr. as President, Chief Executive Officer of the Company. Mr.McKnight currently serves as Chief Financial Officer. A copy of the press release is attached as Exhibit99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
NumberExhibit
Diversicare Healthcare Services, Inc. ExhibitEX-99.1 2 exhibit991ceoannouncement.htm EXHIBIT 99.1 Exhibit Company Contact: James R. McKnight,…To view the full exhibit click here
About Diversicare Healthcare Services, Inc. (NASDAQ:DVCR)
Diversicare Healthcare Services, Inc. provides post-acute care services to nursing center patients and residents in approximately nine states, primarily in the Southeast and the Southwest United States. The Company’s post-acute care services to patients and residents include skilled nursing, ancillary healthcare services and assisted living. In addition to the nursing, personal care and social services that are provided in long-term care centers, the Company offers a range of rehabilitative, respiratory and other ancillary services. The Company’s operations consist of approximately 60 nursing and senior housing centers with approximately 6,060 licensed nursing beds. Its nursing centers range in size from 48 to 320 licensed nursing beds. The nursing centers provide nursing healthcare services, including nutrition services, recreational therapy, social services and laundry services. The Company operates in Alabama, Florida, Indiana, Kansas, Kentucky, Missouri, Ohio, Tennessee and Texas.
