Gerry Adest to Join Genesis HealthCare Board of Directors
Genesis Healthcare announced the appointment of Gerry Adest, CPA, to its Board of Directors effective January 10, 2022. Adest, known for his expertise in the post-acute care industry with over 25 years of experience, succeeds Robert H. Fish, who left the board on January 1, 2022. Executive Chairman David Harrington expressed gratitude for Fish's service and optimism about Adest's contributions to Genesis's future. Genesis operates over 250 skilled nursing and assisted living facilities across 22 states, with a commitment to COVID-19 vaccination for staff.
- Appointment of Gerry Adest is expected to bring valuable insights and leadership to the Board.
- Adest's extensive experience in the post-acute care industry may strengthen the company's strategic direction.
- Departure of Robert H. Fish may create a gap in board continuity and experience.
KENNETT SQUARE, Pa., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Genesis Healthcare, Inc. (Genesis, or the Company) (OTC: GENN), a national post-acute care provider, announced today that effective January 10, 2022, Gerry Adest, CPA, will join the Company’s Board of Directors. Board Member Robert (“Bob”) H. Fish left the Board effective January 1, 2022.
“The Board and I would like to thank Bob who has graciously supported Genesis, its employees, patients, and residents in many capacities over the years and we are forever grateful for his leadership,” said David Harrington, Executive Chairman of the Board for Genesis. “We are also excited to welcome Gerry to our Board. Gerry is a well-known leader in the post-acute industry and his experience and insights will be valuable as we lead Genesis into the future.”
Mr. Adest is a practicing CPA and industry consultant with over 25 years’ experience with skilled nursing facilities and other areas of the long-term care spectrum. Mr. Adest has been a partner at Martin Friedman & Co. since 2018 and was a partner at Loeb & Troper LLP from 2010 to 2017. Mr. Adest graduated Cum Laude from Brooklyn College and is a member of the AICPA.
About Genesis HealthCare
Genesis Healthcare, Inc. is a holding company with subsidiaries that, on a combined basis, offer services to more than 250 skilled nursing facilities and assisted/senior living communities in 22 states nationwide. Genesis affiliates provide high-quality post-acute care, long-term care and assisted/senior living services in the local markets in which they serve. All facilities follow a universal staff COVID-19 vaccine requirement to protect patients, residents, families and fellow colleagues. Genesis subsidiaries also supply rehabilitation therapy to approximately 1,100 healthcare providers in 43 states and the District of Columbia. References made in this release to "Genesis," "the Company," "we," "us" and "our" refer to Genesis Healthcare, Inc. and each of its wholly-owned companies. Visit our website at www.genesishcc.com.
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