STOCK TITAN

Addus HomeCare Announces Passing of Director Steven Geringer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Addus HomeCare Corporation (Nasdaq: ADUS) announced the passing of Steven L. Geringer, a long-serving member of its Board of Directors, on September 7, 2022. Dirk Allison, Chairman and CEO, expressed deep sorrow over Geringer's loss, highlighting his role as a leader and mentor at Addus. Geringer served as a Director since 2009 and held key positions including Chairman from January 2016 to March 2021. Addus HomeCare provides essential home care services for those at risk of hospitalization or institutionalization, serving approximately 45,500 consumers across 206 locations in 22 states.

Positive
  • Long-serving Board member Steven L. Geringer contributed significantly to Addus's strategy and growth.
  • Addus provides vital services to approximately 45,500 consumers, ensuring their well-being and reducing hospitalization risks.
Negative
  • None.

FRISCO, Texas--(BUSINESS WIRE)-- Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today the passing of Steven L. Geringer, a longtime member of the Company’s Board of Directors, on September 7, 2022.

Dirk Allison, Chairman and Chief Executive Officer of Addus, stated, “We mourn the passing of our good friend and colleague, Steve Geringer. For many years at Addus, Steve has served as a trusted leader, strategic advisor, and mentor to so many people associated with our company. He brought an important perspective to the Addus Board of Directors, and we benefitted from his extensive experience as a visionary and passionate healthcare leader. Steve cared deeply about our mission and the well-being of the people we serve. We are extremely grateful for his unwavering commitment to our mission and his invaluable contributions to our growth and success.”

Mr. Geringer enjoyed a long and successful career focused almost exclusively on healthcare services companies as a founder, adviser, executive, and director. He served as a Director of Addus since 2009, as Chairman of the Board from January 2016 to March 2021, and as Lead Director since March 2021.

Mr. Allison continued, “In addition to his service at Addus, Steve became a close personal friend and confidant to me. Like many people, I will remember and miss his positive spirit, sharp wit, and unwavering kindness. On behalf of everyone at Addus and personally, I extend our deepest sympathies to the entire Geringer family.”

About Addus HomeCare

Addus HomeCare is a provider of home care services that primarily include personal care services that assist with activities of daily living, as well as hospice and home health services. Addus HomeCare’s consumers are primarily persons who, without these services, are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. Addus HomeCare’s payor clients include federal, state and local governmental agencies, managed care organizations, commercial insurers and private individuals. Addus HomeCare currently provides home care services to approximately 45,500 consumers through 206 locations across 22 states. For more information, please visit www.addus.com.

Brian W. Poff

Executive Vice President,

Chief Financial Officer

Addus HomeCare Corporation

(469) 535-8200

investorrelations@addus.com

Dru Anderson

FINN Partners

(615) 324-7346

dru.anderson@finnpartners.com

Source: Addus HomeCare Corporation

FAQ

Who was Steven L. Geringer?

Steven L. Geringer was a longtime member of the Board of Directors at Addus HomeCare, serving since 2009.

When did Steven L. Geringer pass away?

Steven L. Geringer passed away on September 7, 2022.

What roles did Geringer hold at Addus HomeCare?

Geringer served as a Director, Chairman of the Board from January 2016 to March 2021, and as Lead Director since March 2021.

What type of services does Addus HomeCare provide?

Addus HomeCare provides personal care, hospice, and home health services primarily for the elderly and chronically ill.

How many consumers does Addus HomeCare serve?

Addus HomeCare serves approximately 45,500 consumers across 206 locations in 22 states.

Addus HomeCare Corp.

NASDAQ:ADUS

ADUS Rankings

ADUS Latest News

ADUS Stock Data

2.16B
17.82M
1.75%
100.96%
2.6%
Medical Care Facilities
Services-home Health Care Services
Link
United States of America
FRISCO