EAGLE, Idaho, Nov. 15, 2022 (GLOBE NEWSWIRE) — The Pennant Group, Inc. PNGGthe parent company of the Pennant group of affiliated home health care, hospice and senior housing companies, announced today that it will seek to strengthen its leadership and finance team by initiating a search for a new Chief Financial Officer.

“As we chart the future of Pennant and continue our growth story, we are focused on investing in our field and service center leadership. As part of this effort, we are excited to strengthen our leadership team and deep bank of finance and accounting talent by recruiting a CFO with unique experience and perspective who will build on our solid foundation and propel Pennant’s growth,” said Brent Guerisoli, Pennant’s chief executive officer.

Pennant’s current CFO, Jennifer Freeman, will serve as interim CFO during the search process, after which the organization and Ms. Freeman intend for her to continue to play a key leadership role in Pennant’s finance team. Mr. Guerisoli shared his appreciation for Ms. Freeman, “As Pennant’s first Chief Financial Officer, Jenn played a critical role in executing the spin-off transaction, building a strong finance team and supporting the development of our service center. We are grateful to Jenn for her partnership and deep commitment to Pennant, our core values ​​and future growth. We look forward to her continued success as a leader in the organization and appreciate her support as interim CFO during the transition.”

The organization also announced that Derek Bunker, who serves as Pennant’s chief investment officer, executive vice president and corporate secretary, has resigned effective December 31, 2022. Mr. Guerisoli expressed his gratitude for Mr. Bunker’s positive impact on Pennant: “On behalf of the Pennant team, I thank Derek for his significant contributions to Pennant’s history. We wish Derek all the best in his next chapter.”

John Gochnour, President of Pennant,…