leadership
confidence high
sentiment neutral
materiality 0.50
Acadia Healthcare appoints Dan Cancelmi to board; Wade Miquelon to retire at 2026 annual meeting
Acadia Healthcare Company, Inc.
- Daniel Cancelmi, former Tenet Healthcare EVP & CFO, appointed to Acadia's Board effective March 12, 2026.
- Wade Miquelon will retire from the Board at the 2026 annual meeting; not standing for re-election, no disagreement.
- Board size increased from 10 to 11 then will reduce to 10 after Miquelon's retirement.
- Appointment follows engagement with Khrom Capital; Goldman Sachs, J.P. Morgan financial advisors.
- Company states it 'continues evaluating all paths to deliver enhanced shareholder value.'