- Push-out Score determined
- After about three years in the position
- Accolades, praise and thanks for Osteen
- Search for a successor
- Osteen spoke at length and said 151 words
(exechange) — Franklin, Tennessee, October 5, 2021 — Debbie Osteen, chief executive of Acadia Healthcare, leaves. As announced by Acadia Healthcare Co. in a news release and in a regulatory filing published on Tuesday, October 5, 2021, Debra K. (Debbie) Osteen leaves her post as chief executive officer at the provider of behavioral healthcare services, after about three years in the role, effective January 31, 2022.
Acadia Healthcare will undertake a search for a successor.
No reason given
In the announcement, Acadia Healthcare did not explicitly explain the reason for the move.
Precise information regarding Debbie Osteen’s future plans was not immediately available.
Acadia Healthcare said: “Debbie Osteen will retire as CEO.”
Share price increase since October 2020
The announcement follows an increase in Acadia Healthcare Co.’s share price of 115% since October 2020.
In the position of CEO since 2018
Debbie Osteen became CEO of the Company in 2018.
Following her retirement as Chief Executive Officer, Osteen will continue to serve on the Company’s Board of Directors.
Since December 16, 2018, Osteen has served as the Company’s Chief Executive Officer.
Osteen has extensive experience in the behavioral health industry.
Prior to joining the Company in 2018, she served as Senior Vice President of Universal Health Services, Inc. (NYSE: UHS) (“UHS”) since 2005 and President, Behavioral Health Division since 1999.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding Debbie Osteen’s move on a scale of 0 to 10.
exechange reached out to Acadia Healthcare and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 41.2021 ($).