Genesis HealthCare Announces the Passing of Founder Michael R. Walker
Gen Digital Inc. (GEN)
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genesishcc.com/investor-relations
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Source: GlobeNewswire
KENNETT SQUARE, Pa., April 20, 2020 (GLOBE NEWSWIRE) -- Genesis HealthCare (“Genesis”) (NYSE: GEN), one of the largest post-acute care providers in the United States, today announced that its founder, Michael R. Walker passed away over the weekend after a long-term illness and complications from COVID-19. Mr. Walker founded Genesis in 1985 and was Chairman and Chief Executive from 1985 to 2002. He was instrumental in the development and growth of the skilled nursing industry, as we know it today. In 1985, Mr. Walker founded the Company under the name Genesis Health Ventures, with nine Centers based in New England. He and his management team believed that nursing homes should be proactive centers of health care, rather than centers focused solely on custodial care for the elderly. With this vision, Mr. Walker grew Genesis Health Ventures into a public company with more than 200 centers across 13 states. Through his leadership, Genesis Health Ventures served high-acuity Medicare
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