Kennett Square’s Struggling Genesis HealthCare Nabs Turnaround Specialist as Its Second CEO in Three Months
Kennett Square-based Genesis HealthCare, which operates more than 325 skilled nursing facilities and senior living communities nationwide, has named Harry Wilson, a turnaround specialist and former hedge fund manager, to the position of CEO, writes John George for the Philadelphia Business Journal.
Wilson is Genesis’s second CEO in three months. He replaces Robert H. Fish, who took over as CEO in January, after the exit of longtime CEO George Hager. Fish will continue to serve on the company’s board of directors.
Wilson is the founder of MAEVA Group, which focuses on helping to transform and better position companies for long-term success. The company’s clients include transportation services provider YRC Worldwide and international auction house Sotheby’s, among many others.
Prior to that, he spent time at The Blackstone Group, Silver Point Capital, and Goldman, Sachs & Co. He also led the restructuring of General Motors on behalf of the U.S. Treasury as a member of the U.S. Auto Task Force.
According to Genesis, Wilson’s “focus will be on immediately developing and executing a turnaround plan for the company, while building a foundation for future innovation and growth as a national leader in eldercare.”
Read more about Genesis HealthCare in the Philadelphia Business Journal.
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