Select Medical (SEM) has shared an update.
Rocco A. Ortenzio has announced his resignation from the board of Select Medical Holdings Corporation, effective August 1, 2024. There was no disagreement behind his decision to step down. Concurrently, the Board has appointed the current CEO, David S. Chernow, to fill the upcoming vacancy. Chernow will serve as a director until the 2027 Annual Meeting of Stockholders, where he will be up for election. His appointment is independent of any external agreements, and he will maintain his existing CEO compensation package. No related party transactions involving Chernow require disclosure.
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