Diversicare Announces Appointment of Kerry D. Massey Executive Vice President and Chief Financial Officer
September 05 2018 - 7:30AM
Diversicare Healthcare Services, Inc. (NASDAQ: DVCR) today
announced the appointment of Kerry D. Massey as the Company’s
Executive Vice President and Chief Financial Officer, effective
September 10, 2018. In his new role, Mr. Massey will assume
responsibilities for the Company’s financial activities including
direct oversight and management of financial staff as well as
long-term budgetary planning, cost management policies,
acquisitions financing, and banking relationships in line with the
Company’s growth initiatives.
Commenting on the appointment, James R.
McKnight, Jr., the Company’s President and Chief Executive Officer,
stated: “We are extremely excited to have Kerry join the
Diversicare executive management team at an important time in our
industry and for the Company. We are very confident that Kerry’s
leadership, finance and accounting knowledge, along with his
diverse healthcare experiences, will make him a valuable addition
to our team.”
Mr. Massey brings extensive finance and
accounting experience and leadership capabilities to the
Diversicare executive team. Prior to joining the Company,
Mr. Massey served as Vice President and Corporate Controller
of Compassus for the past six years. Mr. Massey also spent seven
years collectively at M*Modal and its predecessors, where he served
as Director of Accounting and SEC Reporting and was ultimately
promoted to Vice President and Corporate Controller.
Earlier in his career, Mr. Massey served as
an Audit Manager with Ernst & Young LLP and began his
professional career with Arthur Andersen LLP. Mr. Massey
received a Bachelor of Business Administration degree in finance
and accounting from University of Memphis and is a certified public
accountant (inactive) in Tennessee.
Diversicare provides post-acute care services to
skilled nursing center patients and residents in ten states,
primarily in the Southeast, Midwest and Southwest United
States. As of the date of this release, Diversicare operated
76 skilled nursing and long-term care facilities containing 8,457
skilled nursing beds. For additional information about the
Company, visit Diversicare's web site: www.DVCR.com.
Company Contact:James R. McKnight, Jr615-771-7575
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