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George Hager

Chief Executive Officer

George V. Hager Jr. was the Chief Executive Officer of Genesis HealthCare, a major post-acute care provider in the United States, until his retirement in January 2021.12 He had a long tenure with the company, serving as CEO for 17 years and being associated with Genesis for a total of 28 years.1

During his time as CEO, Hager oversaw significant growth and changes at Genesis:

  1. He joined the company in 1992 when it was worth $200 million and helped grow it to a $5.4 billion enterprise by 2017.3
  2. Under his leadership, Genesis expanded to include more than 325 skilled nursing facilities and assisted living communities across 24 states.1
  3. Hager steered the company through major acquisitions, including Sun Health in 2014 and Skilled Healthcare in 2015, which doubled the company's size but also brought financial challenges.1

Hager's tenure was marked by both successes and difficulties:

  • He was recognized as one of the most prominent long-term care newsmakers in the industry.1
  • However, Genesis faced significant financial pressures, especially during the COVID-19 pandemic, leading to concerns about the company's ability to continue operations.14

After his retirement as CEO, Hager stayed on as a senior advisor to assist with transition and restructuring efforts.12 He was succeeded by Robert H. Fish, who had been the company's Board Chairman.1

Highlights

Jan 25 · cbsnews.com
Thousands died at a nursing home chain. Its CEO got a $5 million ...
Jan 5 · mcknights.com
Hager steps down as Genesis CEO, replaced by Board Chair Fish
Hager steps down as Genesis CEO, replaced by Board Chair Fish
Genesis CEO Hager Retires, Chairman Fish Takes Helm of Nursing ...
Genesis CEO Hager Retires, Chairman Fish Takes Helm of Nursing ...
Jan 5 · genesishcc.com
GENESIS HEALTHCARE ANNOUNCES LEADERSHIP CHANGE
Feb 21 · marketscreener.com
George V. Hager: Positions, Relations and Network - MarketScreener

Related Questions

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George Hager
George Hager, photo 1
George Hager, photo 2
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Location

Kennett Square, Pennsylvania