secwatch.observer — SEC 8-K summary
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Issuer:     Brookdale Senior Living Inc. (BKD)
CIK:        0001332349
Form:       8-K
Filed at:   2025-04-14T23:59:59+00:00
Accession:  0001332349-25-000066
Event type: leadership
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brookdale CEO Baier steps down; Q1 preliminary Adj. EBITDA, FCF exceed expectations
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- CEO Lucinda Baier stepped down effective April 13, 2025; Denise W. Warren appointed Interim CEO.
- Interim Office of the CEO includes CFO Dawn Kussow and GC Chad White; CEO search initiated with Spencer Stuart.
- Q1 2025 preliminary Adjusted EBITDA and RevPAR expected to exceed company and consensus expectations.
- Company expects positive Adjusted Free Cash Flow in Q1, historically a negative FCF quarter; occupancy above 80%.
- Mark Fioravanti (CEO of Ryman Hospitality) appointed to Board; director Frank Bumstead will not stand for reelection.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1332349/000133234925000066/0001332349-25-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1332349/000133234925000066/bkd-20250413.htm
  HTML page:      https://secwatch.observer/filing/0001332349-25-000066

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer