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SAN CLEMENTE, Calif. — Greg Stapley has resigned as the executive chair of the CareTrust REIT (NYSE: CTRE) board of directors.
Diana Laing was promoted from lead independent director to replace Stapley’s position with the San Clemente-based seniors housing REIT. CEO David Sedgwick was appointed as a director.
Stapley’s resignation from the board follows his relinquishment of the chief executive role in January. As previously announced, Stapley and his wife have accepted a full-time international volunteer assignment for The Church of Jesus Christ of Latter-Day Saints.