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Sabra Announces Raymond J. Lewis Has Resigned from its Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
On February 7, 2022, Sabra Health Care REIT announced the resignation of Raymond J. Lewis from its Board of Directors. CEO Rick Matros acknowledged Lewis's significant contributions, particularly during the merger with CCP. Lewis expressed gratitude and confidence in Sabra's leadership to face post-COVID challenges. Sabra is a self-administered, self-managed REIT focused on real estate in the healthcare sector across the US and Canada.
Positive
Rick Matros praised Raymond J. Lewis for his invaluable contributions.
Lewis expressed confidence in Sabra's leadership to navigate post-COVID challenges.
Negative
Raymond J. Lewis's resignation could raise concerns about continuity in the Board.
IRVINE, Calif.--(BUSINESS WIRE)--
Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) announced that Raymond J. Lewis resigned from the Company’s Board of Directors on February 7, 2022.
Rick Matros, CEO and Chairman of Sabra, said, “Ray has been a fantastic Board member and his contribution to Sabra is invaluable and greatly appreciated. As most know, Ray was the CEO of CCP and it was a pleasure working with him on the merger of our two companies and developing a friendship I will always cherish.”
Mr. Lewis stated, “I want to thank Rick, my fellow board members, and the entire Sabra team for the opportunity to serve on the Sabra board. As I step aside to focus on other business priorities, I am confident that Sabra has the leadership to navigate challenges of Covid and position the Company to thrive as we emerge from the pandemic.”
About Sabra
Sabra Health Care REIT, Inc., a Maryland corporation, operates as a self-administered, self-managed real estate investment trust (a "REIT") that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.