President of Hospice Services Mike McMaude resigns; becomes consultant through Jan 2027
BrightSpring Health Services, Inc.
Michael McMaude resigned as President of Hospice Services and CEO of Abode Healthcare effective June 20, 2025; no disagreement cited.
McMaude will serve as non-employee consultant through Jan 26, 2027 (up to 20 hrs/month, first 45 days extra 20 hrs/week).
Consulting fee: $2,000 per month plus $12,000 for first 45 days; unvested equity continues vesting during consulting period.
Exercise period for vested stock options extended to original expiration; Rollover Equity can be sold in tranches starting 90 days after effective date.
General release of claims; non-compete for 12 months post-consulting, non-solicitation for 24 months.
On June 20, 2025, Michael McMaude resigned as the President of Hospice Services of BrightSpring Health Services, Inc. (the “Company”), and the Chief Executive Officer of Abode Healthcare, Inc., a subsidiary of the Company (“Abode”), effective immediately
Key facts
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Executive changeSEC 8-K Item 5.02confidence 0.95
Michael McMaude resigned as President of Hospice Services and Chief Executive Officer of Abode Healthcare at BrightSpring Health Services, Inc..
Action
resigned
Role
President of Hospice Services and Chief Executive Officer of Abode Healthcare
Exact text from the filing
On June 20, 2025, Michael McMaude resigned as the President of Hospice Services of BrightSpring Health Services, Inc. (the “Company”), and the Chief Executive Officer of Abode Healthcare, Inc., a subsidiary of the Company (“Abode”), effective immediately
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