Brookdale Senior Living Stock Gains 7% On CEO Transition

(RTTNews) - Brookdale Senior Living Inc. (BKD) rose 6.70 percent to $6.14 following news of a leadership transition. The company announced that CEO Lucinda Baier will step down on April 13, 2025, as part of a broader strategic shift.

Shares opened at $5.74 and reached a high of $6.33. Trading volume stood at 2.8 million, slightly below the average of 3 million. The stock has ranged from $4.45 to $8.12 over the past 52 weeks.

The Board has initiated a search for a new CEO to drive operational and financial improvements and unlock value from Brookdale's real estate portfolio.