StockWatch
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Hospital/Nursing Management
Management ChangeJun 2, 2026, 04:27 PM

Ardent Health Appoints Dave Caspers as President & CEO

AI Summary

Ardent Health, Inc. announced the appointment of Dave Caspers as its new President and Chief Executive Officer, effective June 2, 2026. Mr. Caspers, previously the Chief Operating Officer, also joins the Board of Directors. He succeeds Martin J. Bonick, who has stepped down from both roles. The company reaffirmed its full-year 2026 Adjusted EBITDA guidance of $485 million to $535 million, despite observing volume softness in Q2.

Key Highlights

  • Dave Caspers appointed President and Chief Executive Officer and Board member, effective June 2, 2026.
  • Martin J. Bonick separated from the Company and stepped down from the Board.
  • Mr. Caspers' annual base salary is set at $900,000.
  • Mr. Caspers is eligible for a target annual bonus of 105% of his base salary.
  • Mr. Caspers is eligible for severance benefits, including 2x salary + target bonus (or 3x in Change in Control scenario).
  • Company reaffirms full-year 2026 Adjusted EBITDA guidance of $485 million to $535 million.