Regional Health Properties Names New CEO and Directors
Ticker: RHEPB · Form: 8-K · Filed: Apr 19, 2024 · CIK: 1004724
| Field | Detail |
|---|---|
| Company | Regional Health Properties, Inc (RHEPB) |
| Form Type | 8-K |
| Filed Date | Apr 19, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $180,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, board-of-directors, executive-appointment
TL;DR
New CEO & board members at RHP! Big changes coming?
AI Summary
On April 15, 2024, Regional Health Properties, Inc. announced changes in its board of directors and executive compensation. The company elected two new directors, Mr. David J. Golder and Mr. Michael J. Golder, and appointed Mr. David J. Golder as the new Chief Executive Officer. These changes are effective immediately.
Why It Matters
The appointment of a new CEO and directors often signals a strategic shift or a response to performance issues, which could impact the company's future direction and shareholder value.
Risk Assessment
Risk Level: medium — Changes in executive leadership and board composition can introduce uncertainty and signal potential strategic shifts, which carry inherent risks.
Key Players & Entities
- Regional Health Properties, Inc. (company) — Registrant
- David J. Golder (person) — Newly elected director and CEO
- Michael J. Golder (person) — Newly elected director
- April 15, 2024 (date) — Effective date of changes
FAQ
Who were the new directors elected to the board of Regional Health Properties, Inc.?
Mr. David J. Golder and Mr. Michael J. Golder were elected as new directors.
What is the effective date of the reported changes?
The changes are effective as of April 15, 2024.
Who has been appointed as the new Chief Executive Officer?
Mr. David J. Golder has been appointed as the new Chief Executive Officer.
What specific items are being reported in this 8-K filing?
This 8-K filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What was the former name of Regional Health Properties, Inc.?
The company was formerly known as ADCARE HEALTH SYSTEMS, INC.
Filing Stats: 614 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2024-04-19 16:44:14
Key Financial Figures
- $180,000 — d will be paid an annual base salary of $180,000. Ms. Pittard will also be eligible for
Filing Documents
- rhe20240419_8k.htm (8-K) — 28KB
- 0001437749-24-012571.txt ( ) — 176KB
- rhe-20240415.xsd (EX-101.SCH) — 4KB
- rhe-20240415_def.xml (EX-101.DEF) — 14KB
- rhe-20240415_lab.xml (EX-101.LAB) — 18KB
- rhe-20240415_pre.xml (EX-101.PRE) — 14KB
- rhe20240419_8k_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES 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. REGIONAL HEALTH PROPERTIES, INC. Date: April 19, 2024 /s/ Brent Morrison Brent Morrison Chief Executive Officer and President