Posted by:
PtLoma
(
)
Date: December 05, 2014 11:15PM
One of the former VPs, who was also Chief Counsel, is the current Stake President in the area where he resides. When the $50,000,000 Medicare fine was announced, the members all had the same story to tell non-members: that he was brought in to the company to clean up the mess. Most likely everyone in the stake got the same explanatory e-mail, and no members seemed to have any inkling of how deeply he was involved in the company.
Turns out he'd been there 15 years at the time of the fine. Also, he and his wife own significant blocks of the company shares. Doesn't sound like he was brought in as a short term Mr Fix-it---he's one of the principals.
http://investing.businessweek.com/research/stocks/people/person.asp?personId=34392924&ticker=ENSGEvidently he became the "former chief counsel" in the past year.
http://investor.caretrustreit.com/management.cfmEdited 2 time(s). Last edit at 12/05/2014 11:26PM by PtLoma.