The Board of Directors of CareTrust REIT, Inc. announced that David Sedgwick, CareTrust’s Chief Operating Officer and one of the original members of the company's seasoned management team, has been promoted to President of the company. The title of President was previously held by Greg Stapley, CareTrust’s Chairman and Chief Executive Officer. Mr. Sedgwick will also retain his Chief Operating Officer title. Mr. Sedgwick brings more than 20 years’ experience in the skilled nursing and seniors housing industries to his new role. Before helping to launch CareTrust, he served as Chief Human Capital Officer and President of Corporate Services at The Ensign Group, Inc., overseeing back-office and in-field support for Ensign’s facilities and personally training over 100 new facility CEOs. Mr. Sedgwick has been a licensed nursing home administrator since 2001.
CareTrust REIT, Inc. is a self-administered, real estate investment trust (REIT). The Company is engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company owns, directly or through joint ventures, and leased to independent operators, 232 skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs) and independent living facilities (ILFs) consisting of approximately 25,128 operational beds and units located in 28 states with the highest concentration of properties by rental income located in California and Texas. It leases healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company extends secured mortgage loans to healthcare operators, secured by healthcare-related properties and secured mezzanine loans to healthcare operators, secured by membership interests in healthcare-related properties.
CARETRUST REIT, INC. 
