Select Medical Appoints Thomas P. Mullin as New CEO, Announces Executive Leadership Changes.

Select Medical Holdings has appointed Thomas P. Mullin as CEO, effective immediately. Mullin succeeds David S. Chernow, who becomes Vice Chairman of the board after serving as CEO since 2014. Mullin is a 17-year company veteran and most recently held the position of President and Chief Operating Officer.

Select Medical Holdings (NYSE: SEM) has announced significant executive changes with the appointment of Thomas P. Mullin as CEO, effective immediately. Mullin succeeds David S. Chernow, who has been promoted to Vice Chairman of the board. Mullin has been a 17-year veteran of the company and most recently served as co-president overseeing 140 hospitals in the company’s critical illness recovery and inpatient rehabilitation divisions.

The leadership transition comes as part of a broader restructuring, with John A. Saich appointed as sole President, John F. Duggan as Executive Vice President, General Counsel and Secretary, and Michael E. Tarvin transitioning to Senior Executive Vice President of Legal Services. These appointments reflect Select Medical's commitment to fostering growth and innovation within its leadership team.

The appointment of Mullin, who has held various executive leadership roles within the company, signifies a continuity in leadership while introducing new perspectives. Chernow, who has been with the company since 2002, has been instrumental in the company's growth and will now focus on strategic initiatives as Vice Chairman.

Select Medical's operations span 40 states and the District of Columbia, with a focus on critical illness recovery, rehabilitation hospitals, and outpatient clinics. The company's revenue outlook for 2025 remains at $5.3B to $5.5B, reflecting its commitment to expanding its inpatient rehabilitation services nationwide.

The new leadership team will be crucial in navigating the evolving regulatory environment and ensuring the company's continued success in providing high-quality post-acute care services.

References:
[1] https://seekingalpha.com/news/4491479-select-medical-names-new-ceo-announces-executive-leadership-changes
[2] https://www.prnewswire.com/news-releases/select-medical-holdings-corporation-appoints-thomas-p-mullin-as-chief-executive-officer-and-announces-other-changes-involving-long-tenured-leaders-302542724.html