The Literature Network - NHC Board Names New CEO, Assigns NHI Advisory Agreement.

NHC Board Names New CEO, Assigns NHI Advisory Agreement.

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From: Business Wire
Date: 20041103
Author:

MURFREESBORO, Tenn. -- National HealthCare Corporation, Inc., (AMEX: NHC), one of the nations oldest long-term health care companies, announced today the resignation of Andy Adams from his position as CEO and the election of Robert Adams, NHC's President, as CEO/President. Andy Adams will remain on the NHC Board as Chairman focusing on strategic planning, but will have no day to day managerial duties with NHC. Concurrently, NHC has assigned its Advisory Agreement with National Health Investors, Inc. (NHI: NYSE) to an independent company owned by Andy Adams.

"This transition ...

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