AdaptHealth Appoints New Chief Legal Officer
Ticker: AHCO · Form: 8-K · Filed: Aug 26, 2024 · CIK: 1725255
Sentiment: neutral
Topics: executive-appointment, legal, leadership-change
Related Tickers: AHCO
TL;DR
AdaptHealth names Mark Shaker as new CLO, replacing Jason Ryndel.
AI Summary
AdaptHealth Corp. announced on August 21, 2024, the appointment of Mark J. P. Shaker as Chief Legal Officer and General Counsel, effective August 21, 2024. Shaker previously served as Senior Vice President, Deputy General Counsel, and Assistant Secretary for the company. This appointment follows the departure of former General Counsel, Jason M. Ryndel.
Why It Matters
The appointment of a new Chief Legal Officer is a significant leadership change that could impact the company's legal strategy and compliance efforts.
Risk Assessment
Risk Level: low — This filing primarily concerns an executive appointment and does not involve significant financial or operational changes.
Key Players & Entities
- AdaptHealth Corp. (company) — Registrant
- Mark J. P. Shaker (person) — Appointed Chief Legal Officer and General Counsel
- Jason M. Ryndel (person) — Former General Counsel
- August 21, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Legal Officer and General Counsel of AdaptHealth Corp.?
Mark J. P. Shaker has been appointed as the new Chief Legal Officer and General Counsel of AdaptHealth Corp.
When was Mark J. P. Shaker's appointment effective?
Mark J. P. Shaker's appointment was effective August 21, 2024.
What was Mark J. P. Shaker's previous role at AdaptHealth Corp.?
Mark J. P. Shaker previously served as Senior Vice President, Deputy General Counsel, and Assistant Secretary for AdaptHealth Corp.
Who did Mark J. P. Shaker replace as General Counsel?
Mark J. P. Shaker replaced Jason M. Ryndel as General Counsel.
What is the filing date of this Form 8-K?
This Form 8-K was filed on August 26, 2024.
Filing Stats: 2,093 words · 8 min read · ~7 pages · Grade level 12.4 · Accepted 2024-08-26 07:30:27
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share AHCO The Nasdaq Stock Mar
- $600,000 — led to receive an annual base salary of $600,000 and, commencing with the Company's 2025
- $600,000 m — us Amount") equal to the product of (i) $600,000 multiplied by (ii) a fraction, the numera
- $1,000,000 — Company's common stock with a value of $1,000,000 (determined in a manner consistent with
- $1,300,000 — Company's common stock with a value of $1,300,000 (determined in a manner consistent with
- $750,000 — k is entitled to (i) an amount equal to $750,000, (ii) subsidized COBRA coverage at the
Filing Documents
- tm2422619d1_8k.htm (8-K) — 44KB
- tm2422619d1_ex10-1.htm (EX-10.1) — 214KB
- tm2422619d1_ex10-2.htm (EX-10.2) — 70KB
- tm2422619d1_ex99-1.htm (EX-99.1) — 8KB
- 0001104659-24-092623.txt ( ) — 581KB
- ahco-20240821.xsd (EX-101.SCH) — 3KB
- ahco-20240821_lab.xml (EX-101.LAB) — 33KB
- ahco-20240821_pre.xml (EX-101.PRE) — 22KB
- tm2422619d1_8k_htm.xml (XML) — 4KB
02. Departure of Directors or Certain
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Operating Officer Appointment AdaptHealth Corp. (the "Company") announced today that Toby Scott Barnhart, age 56, has been appointed to serve as the Chief Operating Officer of the Company, effective as of September 23, 2024 (the "Start Date"). Since September 2022, Mr. Barnhart has served as the Chief Operating Officer of Qurate Retail Group ("Qurate"), a world leader in video commerce across linear TV, ecommerce sites, digital streaming and social platforms. Prior to Qurate, Mr. Barnhart served as president of Global Medical Products & Supply Chain at Cardinal Health from July of 2018 to December of 2021 and as President, Global Supply Chain & Group Purchasing Organizations at Aramark from April of 2014 to July of 2018. Mr. Barnhart also held senior supply chain positions at Conagra Brands and Diageo from September 2002 to April 2014. Early in his career, Mr. Barnhart advised other global companies as a consultant at PwC and E&Y. Mr. Barnhart serves on the Board of Directors of Common Threads. Scott earned his bachelor's degree from Purdue University and his MBA from the Kellogg School of Management at Northwestern University. Mr. Barnhart has significant international business leadership experience in global supply chain, manufacturing, procurement, customer service and product portfolio management at multiple Fortune 500 brands and similarly sized corporations. There are no arrangements or understandings between Mr. Barnhart and any other person pursuant to which Mr. Barnhart was selected as an officer, and there are no family relationships between Mr. Barnhart and any of the Company's directors or executive officers. Mr. Barnhart does not have any direct or indirect material interest in any transaction or proposed transaction required to be reported under Item 404(a) of Regulation S-K. On Augus
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure The Company issued a press release earlier today announcing the appointment of Mr. Barnhart as Chief Operating Officer, as described in Item 5.02 above. A copy of the press release is furnished as Exhibit 99.1. The information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing. - 3 -
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. d) Exhibits Exhibit No. Description 10.1 Employment Agreement by and between AdaptHealth Corp. and Toby Scott Barnhart, dated August 1, 2024. 10.2 Transition Agreement by and between AdaptHealth Corp. and Shaw Rietkerk, dated August 21, 2024. 99.1 Press Release dated August 26, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) - 4 - SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Dated: August 26, 2024 AdaptHealth Corp. By: /s/Jonathan Bush Name: Jonathan B. Bush Title: General Counsel - 5 -