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AdCare Promotes Rimland After CEO Dismissal

ATLANTA—The healthcare property holding and leasing company's new CEO has served as its president and CFO for the past two years.

By Paul Bubny | paulbubny | Updated on April 18, 2017

Photo of Allan Rimland Rimland has been a member of AdCare’s board of directors since October 2015.

ATLANTA—AdCare Health Systems said Tuesday it had terminated the employment of CEO Bill McBride and named the company’s president, Allan Rimland, to succeed him. Both McBride’s termination and Rimland’s new position were effective immediately on Monday.

“This transition is the culmination of an internal investigation conducted by a special committee of the Board,” says David Tenwick, AdCare’s founder and former board chairman. “The board is confident that Allan is the ideal person to provide the leadership necessary to move AdCare forward.”

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