American Healthcare REIT CEO Danny Prosky Retires; Interim CEO Jeff Hanson Named Permanent CEO, COO Gabe Willhite Elevated to President
AHR sits 55% above its 52-week low of $36.73.
Summary
American Healthcare REIT announced the retirement of CEO Danny Prosky and the permanent appointment of Interim CEO Jeff Hanson, along with the elevation of COO Gabe Willhite to President. The changes formalize the interim structure that has been in place since February 2026.
Key Events · Executive and Board Changes · AHR
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CEO Danny Prosky Retires
Co-founder Danny Prosky retired as CEO and President effective July 21, 2026, after a medical leave that began in February 2026. He will remain on the board as a non-employee director and advisor.
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Jeff Hanson Named Permanent CEO
Interim CEO Jeff Hanson, who has served since February 2026, was appointed permanent CEO. His compensation includes a $965,000 base salary, 160% target bonus, and $4.1 million in equity awards (time- and performance-based RSUs).
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COO Gabe Willhite Promoted to President
COO Gabe Willhite was elevated to President and COO, receiving a $100,000 cash compensation increase, target bonus raised to 125% of base, and $695,680 in equity awards.
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Lead Independent Director Appointed
Scott Estes, an independent director since 2022 and former CFO of Welltower, was named Lead Independent Director with an additional $40,000 annual retainer.
Analysis · AHR · Real Estate & Construction
Co-founder Danny Prosky, who had led the company since its formation, retired from his executive role effective July 21, 2026, following a medical leave that began in February 2026. The board moved swiftly to formalize the leadership structure, appointing Interim CEO Jeff Hanson as permanent CEO and elevating COO Gabe Willhite to President. Prosky will remain on the board as a non-employee director. While the interim team has been in place since February, the permanent appointments and new compensation packages underscore the board's confidence in the current leadership. In a further governance move, Scott Estes was named Lead Independent Director. Prosky's retirement triggers severance benefits and accelerated vesting of 111,111 restricted shares, though no cash severance is provided beyond a $35,000 medical subsidy. With the stock trading near its 52-week high, the market appears to have already absorbed the interim period positively.
At the time of this filing, AHR was trading at $57.08 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $11.9B. The 52-week trading range was $36.73 to $58.02. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.