Pennant Group Appoints Lynette Walbom as CFO

by Jeff Shaw

EAGLE, Idaho — The Pennant Group Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, has appointed Lynette Walbom as chief financial officer.

Before joining Pennant, Walbom was vice president of financial reporting and tax for Raising Cane’s Restaurants LLC, a national restaurant chain operating in 35 states, which more than doubled in size — based on number of restaurants and geographic footprint — during her tenure. At Raising Cane’s, she had broad responsibility for financial reporting, acquisitions, tax, accounting systems and equity management.

Prior to Raising Cane’s, Walbom was CFO of a family office with investments in companies in several industries, including financial services, computer services, real estate development and franchising. She began her 23-year career in accounting as a public company auditor at Deloitte.

Jennifer Freeman, Pennant’s former CFO, will assume the role of senior vice president of strategic partnerships, where she will focus on forging and growing partnerships with payors and other partners across the acute and post-acute continuum.

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