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Stock impact report

Selectis Health Makes Key Leadership Announcement

SELECTIS HEALTH INC (GBCS) 
NASDAQ:AMEX Investor Relations: hcgel.com/investors
Company Research Source: GlobeNewswire
GREENWOOD VILLAGE, Colo., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Selectis Health, Inc. (OTC: GBCS) ("Selectis" or the "Company") has permanently appointed Adam Desmond as Chief Executive Officer. With Desmond’s permanent appointment, the Board of Directors has approved a salary increase for Desmond from $150,000 to $250,000 per annum. Upon effectiveness of the salary increase, Desmond has agreed to forgo the Company’s Board Compensation stipend of $7,500 quarterly. Desmond’s appointment and salary increase are effective as of October 17, 2024. Permanent Appointment of Adam Desmond as Chief Executive Officer Adam Desmond was appointed Interim CEO on October 22nd, 2022. Over the past two years, Desmond has demonstrated strong leadership by navigating the company through challenging market conditions and remaining focused on the Company’s long-term strategic goals including operational efficiencies, divesting non-core assets and strengthening the balance sheet. "Adam’s leadership, Show less Read more
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