Form 8-K Filing: Officer and Director Changes
Regional Health Properties, Inc. announced significant changes to its executive team and board. Effective May 1, 2026, Marlie Davis has been appointed as the new Chief Financial Officer. Ms. Davis brings over 20 years of experience in finance, accounting, audit, and real estate investment, having previously served as CFO and Controller for Hatteras Sky. Her compensation package includes an annual base salary of $265,000, eligibility for a discretionary bonus with a target of $100,000, and a grant of 35,000 restricted stock units along with an option to purchase 35,000 shares of the company's common stock. In the event of termination without cause, Ms. Davis is entitled to nine months of severance. Concurrently, Christopher Winkle has resigned from the Board of Directors, effective May 31, 2026. His resignation is not due to any disagreements with the company.