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NEWTON, Mass. — AlerisLife Inc. (NASDAQ: ALR), a Newton-based operator, has appointed Jeff Leer as president and chief executive officer.
Leer was already serving in both roles on an interim basis. He will also continue to serve as chief financial officer of ALR until a replacement is appointed.
ALR also announced that the healthcare consulting arm of Alvarez & Marsal (A&M) concluded a comprehensive operational review and made recommendations to the board of directors. The recommendations made by A&M include cost reductions and a corporate reorganization that is designed to enhance accountability certain operational changes.