leadership
confidence high
sentiment neutral
materiality 0.75
Acadia Healthcare CEO Debbie Osteen to retire effective Jan 31, 2022
Acadia Healthcare Company, Inc.
- CEO Debbie Osteen will retire effective Jan 31, 2022; will remain on Board of Directors.
- Board has engaged a national recruiting firm to conduct a search for a new CEO.
- Under Osteen's tenure (since Dec 2018), Acadia's stock rose ~125%, adding ~$3.3B in shareholder value.
- Since 2018, Acadia acquired 14 facilities, formed 9 joint ventures, added over 1,000 beds, and divested UK operations.