COLUMBUS, Ohio — RED Capital Group LLC has promoted Edward “Ted” Meylor to CEO as Mike Moran, current CEO, transitions back to the RED’s parent company, ORIX USA.
People
For the fourth consecutive year, Justin Hutchens has made Forbes lists of America’s Most Powerful CEOs 40 and Under, ranking 13th this year. Hutcens is CEO and president of National Health Investors Inc. (NYSE: NHI), a real estate investment trust specializing in seniors housing and medical properties.
ATLANTA— AdCare Health Systems Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a provider of senior living and healthcare facility management, continues its transition from an owner and operator of healthcare facilities to a healthcare property holding and leasing company, with 35 of the company’s 40 properties leased or sub-leased. As a result, the company’s board of directors declared a cash dividend on the common stock. The company also announced changes to the board of directors and a the hiring of a new chief financial officer.