Key Highlights
- Derick Apt appointed as the new Chief Financial Officer of PACS Group, succeeding Mark Hancock who transitions to Executive Vice Chairman.
- Mark Hancock’s pivotal role in expanding PACS recognized by Jason Murray, CEO, highlighting Hancock’s contribution to the company’s growth and financial resilience.
- PACS Group continues to innovate in post-acute care, boasting over 218 facilities and a robust workforce of over 32,000 employees under its new leadership structure.
Source: Business Wire
Notable Quote
- “Mark has helped lead PACS from a two-facility organization, to becoming one of the largest skilled nursing companies in the country, with over 200 facilities in nine states. We’re also excited to have Derick in this new role. Derick’s been with PACS for many years and brings with him an in-depth knowledge of our industry and the larger world of finance and investment. PJ has been a great asset to our company, and we look forward to his continued leadership at PACS Services in the years to come,” – Jason Murray, CEO and Co-Founder at PACS Group, Inc
SoH's Take
PACS Group’s latest executive reshuffling is not just a change in titles but a strategic maneuver that consolidates decades of industry experience and forward-thinking leadership. Derick Apt’s ascent to CFO is a testament to his profound understanding of finance and investment in the post-acute care sector, promising to steer PACS Group through its next phase of growth and innovation. Mark Hancock, transitioning into the role of Executive Vice Chairman, is poised to continue influencing the company’s strategic direction, capitalizing on his extensive knowledge of PACS’s operations and culture. This leadership restructuring aligns with PACS’s mission to revolutionize post-acute care delivery and underscores the company’s commitment to leadership excellence and quality care across its extensive network.
