Sabra Health Care REIT Inc. will add two more executives from Care Capital Properties Inc. to its board of directors.
Care Capital board members Ronald Geary and Jeff Malehorn will join Care Capital CEO Raymond Lewis on Sabra's board following the merger of the two companies. With the new additions, the board will grow to eight members, including Sabra CEO and Chairman Rick Matros, CFO Harold Andrews and Chief Investment Officer Talya Nevo-Hacohen.
The all-stock deal is expected to close in the third quarter. Sabra will retain its corporate name and ticker symbol.