8-K
filed September 26, 2023, 7:59 PM ET
ticker DHC
CIK 0001075415
leadership
confidence high
sentiment neutral
materiality 0.50
DHC CFO replacement and board changes: LePage & Pierce resign, Hollis elected, Brown named CFO
DIVERSIFIED HEALTHCARE TRUST
- Trustees Daniel F. LePage and David A. Pierce resigned effective Sept 25, 2023, with no disagreements.
- Phyllis M. Hollis elected Independent Trustee; board reduced from 7 to 6 members.
- Hollis to serve on Audit and Compensation Committees (chair); Hollis Advisory LLC CEO since 2018.
- Matthew C. Brown appointed CFO and Treasurer effective Oct 1, 2023, replacing Richard W. Siedel, Jr.
- Brown is CPA, senior VP at RMR Group; previously CFO of Office Properties Income Trust until Sept 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
Daniel F. LePage resigned as Independent Trustee at DIVERSIFIED HEALTHCARE TRUST.
- Action
- resigned
- Role
- Independent Trustee
Exact text from the filing
On September 25, 2023, Daniel F. LePage and David A. Pierce each resigned as an Independent Trustee of our Board of Trustees, or the Board, effective that day.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
David A. Pierce resigned as Independent Trustee at DIVERSIFIED HEALTHCARE TRUST.
- Action
- resigned
- Role
- Independent Trustee
Exact text from the filing
On September 25, 2023, Daniel F. LePage and David A. Pierce each resigned as an Independent Trustee of our Board of Trustees, or the Board, effective that day.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Richard W. Siedel, Jr. resigned as Chief Financial Officer and Treasurer at DIVERSIFIED HEALTHCARE TRUST.
- Action
- resigned
- Role
- Chief Financial Officer and Treasurer
Exact text from the filing
Mr. Brown will replace Richard W. Siedel, Jr., who has resigned as our Chief Financial Officer and Treasurer, effective September 30, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Phyllis M. Hollis was elected as Independent Trustee at DIVERSIFIED HEALTHCARE TRUST.
- Action
- elected
- Role
- Independent Trustee
Exact text from the filing
On September 26, 2023, pursuant to the recommendation of the Nominating and Governance Committee of the Board, the Board elected Phyllis M. Hollis as an Independent Trustee to fill one of the vacancies created by Messrs. LePage’s and Pierce’s resignations, and also decreased the size of the Board from seven to six Trustees.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Matthew C. Brown was appointed as Chief Financial Officer and Treasurer at DIVERSIFIED HEALTHCARE TRUST.
- Action
- appointed
- Role
- Chief Financial Officer and Treasurer
Exact text from the filing
Also on September 26, 2023, the Board appointed Matthew C. Brown as our Chief Financial Officer and Treasurer, effective October 1, 2023.
View on SEC.gov
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