Omega Healthcare Investors, Inc. (NYSE:OHI) has announced key leadership changes, with Matthew Gourmand being appointed President and Vikas Gupta as Chief Investment Officer. These changes come as Dan Booth steps down from his position as Chief Operating Officer after 23 years. The company's CEO, Taylor Pickett, praised the new appointees, stating that their experience and work ethic will drive the next stage of growth at Omega.
Omega is a real estate investment trust that primarily invests in skilled nursing and assisted living facilities. Their portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure, spanning across the US and the UK.
For further information, individuals can contact Andrew Dorsey, VP of Corporate Strategy & Investor Relations, or David Griffin, Director of Corporate Strategy & Investor Relations, at (410) 427-1705. As a result of these announcements, the company's shares have moved -2.7% on the market, and are now trading at a price of $37.31. For more information, read the company's full 8-K submission here.