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SAN JUAN CAPISTRANO, Calif. - The Ensign Group, Inc. (NASDAQ:ENSG), an $8.8 billion healthcare services provider trading near its 52-week high of $158.45, announced today that Executive Chairman Christopher Christensen will retire effective September 1, 2025, with current Chief Executive Officer Barry R. Port appointed to succeed him as Chair of the Board of Directors. According to InvestingPro analysis, the company maintains a "GREAT" financial health score of 3.1 out of 5.
Port, who has been with Ensign for over 21 years and has served as CEO since May 2019, will maintain his current executive role while assuming the additional board leadership position. Under his leadership, the company has achieved impressive revenue growth of 14.8% over the last twelve months.
The company also appointed Marivic Uychiat to fill Christensen’s board seat. Uychiat has been with Ensign for 22 years and currently serves as Executive Vice President of Clinical Services, a position she has held since 2016.
"As I start my next chapter, I am confident that the leadership team that has been in place since 2019 will remain true to the cultural values that have and will continue to make us strong," Christensen said in the announcement.
Uychiat brings nearly three decades of nursing and leadership experience in skilled nursing and post-acute care to the board position. Prior to her current role, she served as Director of Clinical Services for Ensign’s California operations and spent ten years as Director of Nursing at Vista Knoll Specialized Care.
The Ensign Group operates 347 healthcare facilities across 17 states, providing skilled nursing, senior living services, and various rehabilitative and healthcare services. The company’s independent operating subsidiaries manage facilities in states including California, Texas, Arizona, and Washington.
The leadership transition announcement was made in a company press release.
In other recent news, The Ensign Group, Inc. reported its first-quarter 2025 earnings, surpassing Wall Street expectations with an adjusted earnings per share (EPS) of $1.52, compared to the projected $1.49. Revenue for the quarter reached $1.2 billion, aligning with forecasts and reflecting a 16.1% increase from the previous year. The company also expanded its operations by acquiring three skilled nursing facilities: Toluca Lake Transitional Care in North Hollywood, California, and Ironwood Rehabilitation and Care Center and Lakeside Rehabilitation and Care Center in Coeur d’Alene, Idaho. These acquisitions are part of a larger transaction involving eight facilities, with the real estate for Toluca Lake Transitional Care to be purchased by Standard Bearer Healthcare REIT, Inc., Ensign’s real estate subsidiary. Additionally, Suzanne D. Snapper, CFO of The Ensign Group, was appointed as a new board director for The Pennant Group, Inc., following a shareholder vote. The Ensign Group continues to pursue acquisition opportunities, with CEO Barry Port expressing optimism about the company’s growth and strategic direction. The company’s expansion brings its total operations to 347 healthcare facilities across 17 states.
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