AdaptHealth CEO Stephen Griggs to step down June 30, 2023; search underway

AdaptHealth Corp.

CEO Stephen Griggs resigns by mutual agreement, effective June 30, 2023.
Board initiated search for successor; Chairman Richard Barasch to serve as interim CEO if needed.
Griggs will not stand for re-election to Board at annual meeting in June 2023.
Transition agreement provides Griggs with severance benefits including vesting of equity awards.
Company affirms sound financial condition; Q1 2023 earnings reported separately.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Stephen P. Griggs

Director

AHCO · AdaptHealth Corp.

Effective: 2023-06-21
Filed: May 9, 2023, 7:59 PM ET

It is further agreed that Mr. Griggs will not stand for reelection as a member of the Company’s Board of Directors (the “Board”) at the Company’s annual meeting currently scheduled for June 21, 2023.

Departed (interim)

Stephen P. Griggs

Chief Executive Officer

AHCO · AdaptHealth Corp.

Effective: 2023-06-30
Filed: May 9, 2023, 7:59 PM ET

On May 8 , 2023, AdaptHealth Corp. (the “Company”) and Stephen P. Griggs, Chief Executive Officer of the Company, mutually agreed that Mr. Griggs will resign as Chief Executive Officer of the Company, effective as of 11:59 p.m. E.D.T. on June 30, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen P. Griggs departed as Director at AdaptHealth Corp..

Action: will not stand for reelection
Role: Director

Exact text from the filing

It is further agreed that Mr. Griggs will not stand for reelection as a member of the Company’s Board of Directors (the “Board”) at the Company’s annual meeting currently scheduled for June 21, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen P. Griggs departed as Chief Executive Officer at AdaptHealth Corp..

Action: resign
Role: Chief Executive Officer

Exact text from the filing

On May 8 , 2023, AdaptHealth Corp. (the “Company”) and Stephen P. Griggs, Chief Executive Officer of the Company, mutually agreed that Mr. Griggs will resign as Chief Executive Officer of the Company, effective as of 11:59 p.m. E.D.T. on June 30, 2023

View on SEC.gov

AdaptHealth Corp. filing history →

Source: SEC EDGAR

accession 0001104659-23-057487

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