Brookdale Senior Living Names New Chief Legal Officer

TL;DR

Brookdale Senior Living (BKD) swaps Chief Legal Officers, bringing in Sara St. John.

AI Summary

Brookdale Senior Living Inc. announced on March 26, 2024, the departure of its Chief Legal Officer and General Counsel, Steven J. Maxwell. The company also appointed Sara E. St. John as the new Chief Legal Officer and General Counsel, effective March 26, 2024. Additionally, Brookdale Senior Living Inc. entered into a new employment agreement with Ms. St. John.

Why It Matters

A change in key legal leadership can impact the company's legal strategy, compliance, and risk management. The appointment of a new General Counsel is a significant event for corporate governance.

Risk Assessment

Risk Level: medium — Changes in executive leadership, particularly in legal roles, can signal underlying issues or strategic shifts that may affect the company's future performance and stability.

Key Players & Entities

• Brookdale Senior Living Inc. (company) — Registrant
• Steven J. Maxwell (person) — Departing Chief Legal Officer and General Counsel
• Sara E. St. John (person) — Appointed Chief Legal Officer and General Counsel
• March 26, 2024 (date) — Effective date of departure and appointment

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 Par Value Per Share BKD New York Stock

Filing Documents

• bkd-20240326.htm (8-K) — 30KB
• 0001332349-24-000069.txt ( ) — 194KB
• bkd-20240326.xsd (EX-101.SCH) — 3KB
• bkd-20240326_def.xml (EX-101.DEF) — 15KB
• bkd-20240326_lab.xml (EX-101.LAB) — 28KB
• bkd-20240326_pre.xml (EX-101.PRE) — 16KB
• bkd-20240326_htm.xml (XML) — 4KB

From the Filing

bkd-20240326 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) March 26, 2024 Brookdale Senior Living Inc. (Exact name of registrant as specified in its charter) Delaware 001-32641 20-3068069 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 111 Westwood Place, Suite 400, Brentwood, Tennessee 37027 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (615) 221-2250 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 Par Value Per Share BKD New York Stock Exchange 7.00% Tangible Equity Units BKDT New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Section 5 - Corporate Governance and Management Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On March 26, 2024, Marcus E. Bromley, a member of the Board of Directors (the "Board") of Brookdale Senior Living Inc. (the "Company"), notified the Company that he would not stand for reelection at the Company's 2024 annual meeting of stockholders (the "2024 Annual Meeting"). On March 27, 2024, Guy P. Sansone, Non-Executive Chairman of the Board of the Company, also notified the Company that he would not stand for reelection at the 2024 Annual Meeting. Messrs. Sansone and Bromley will continue to serve as directors until their retirements from the Board become effective upon the expiration of their terms at the conclusion of the 2024 Annual Meeting. Their retirements from the Board were not due to any disagreement with the Company, the Board, or the management of the Company on any matter relating to the Company's operations, policies, practices, or otherwise. 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. BROOKDALE SENIOR LIVING INC. Date: April 1, 2024 By: /s/ Chad C. White Name: Chad C. White Title: Executive Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR