AdCare CEO Boyd Gentry Resigns, Sale Possible
AdCare Health Systems Inc., a Roswell-based provider of long-term care services, said Boyd Gentry has stepped down as chief executive officer and president, effective June 1. The company, which has more than three dozen senior living facilities in Georgia and six other states, said company Chairman David Tenwick will serve as interim CEO and president until Gentry’s replacement is named.
Company spokesman Brett Maas said AdCare is looking at strategic alternatives, which include a possible sale of the company. Maas told The Atlanta Journal-Constitution the company believes it is undervalued and added that “if you’re . . .