financetom
Business
financetom
/
Business
/
PACS Group Chief Financial Officer Derick Apt Resigns; Shares Down Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PACS Group Chief Financial Officer Derick Apt Resigns; Shares Down Pre-Bell
Sep 9, 2025 2:54 AM

05:41 AM EDT, 09/09/2025 (MT Newswires) -- PACS Group ( PACS ) said Monday that Chief Financial Officer Derick Apt resigned Sept. 2.

An investigation found that Apt accepted "a series of high-value items" from individuals associated to a group of related entities with which the company does business, thereby breaching company policies, it said in a regulatory filing.

PACS has appointed Executive Vice Chairman Mark Hancock as interim CFO as it looks for a permanent replacement, the filing showed.

The company's shares were down 3% in recent premarket activity Tuesday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved