Omega Healthcare Appoints New President, CIO as COO Steps Down

Dow Jones
01-07

By Connor Hart

Omega Healthcare Investors named Matthew Gourmand as its president and Vikas Gupta its chief investment officer, effective Jan. 1.

The real-estate investment trust on Monday said Chief Operating Officer Dan Booth has stepped down after 23 years in the role. He will remain with the company as a consultant for 12 months. The company didn't detail any additional succession plans.

Gourmand, 49, most recently served as the vice president of corporate strategy and investor relations, will receive an annual salary of $550,000 in his new role, according to a regulatory filing. He previously spent 10 years as an equity portfolio manager at Millennium Partners and Stevens Capital Management.

Gupta, 43, was most recently the company's senior vice president of acquisitions and development. His salary will increase to $525,000 annually in his new role. Gupta previously served in various roles at CapitalSource Finance, Omega said.

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

January 06, 2025 16:54 ET (21:54 GMT)

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