secwatch.observer — SEC 8-K summary
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Issuer:     CareTrust REIT, Inc. (CTRE)
CIK:        0001590717
Form:       8-K
Filed at:   2021-12-10T23:59:59+00:00
Accession:  0001628280-21-024801
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareTrust REIT CEO Greg Stapley to resign Jan 1, 2022; David Sedgwick named successor
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- Greg Stapley steps down as CEO effective Jan 1, 2022, will serve as Executive Chairman for ~6 months.
- David Sedgwick, current President & COO, appointed CEO effective Jan 1, 2022, retaining President title.
- Sedgwick's 2022 base salary set at $700,000; target short-term bonus raised to $1,000,000 from $475,000.
- Diana M. Laing appointed Lead Independent Director; has served on board since 2019.
- Stapley leaving for a three-year full-time volunteer assignment with The Church of Jesus Christ of Latter-day Saints.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590717/000162828021024801/0001628280-21-024801-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590717/000162828021024801/ctre-20211209.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-024801

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