leadership
confidence high
sentiment neutral
materiality 0.65
National Healthcare Properties appoints Andrew Babin as CFO, replacing Scott Lappetito
National Healthcare Properties, Inc.
- Scott Lappetito resigned as CFO effective Nov 18, 2025, with no disagreement with management.
- Andrew Babin appointed CFO & Treasurer; previously Head of Financial Strategy & IR at Medical Properties Trust (MPW).
- Babin gets base salary $400k, target bonus $350k, LTIP of at least $600k in equity for 2026, plus $200k one-time restricted stock.
- Lappetito receives severance: cash equal to base + target bonus, full vesting of time-based equity, pro-rata performance equity, COBRA up to 18 months.
- Press release references 'journey towards a successful public listing', suggesting potential strategic move.