naotake DRI Healthcare Trust (DHT.UN:CA) said on Monday that Behzad Khosrowshahi has resigned as CEO of the Trust as well as DRI Capital, or DRI Healthcare, (DHT.UN:CA) in the wake of an ongoing investigation on reimbursement-related irregularities.
The resignation is effective immediately. The ongoing investigation concerns alleged irregularities on the reimbursement related to certain alleged consulting and other expenses presented by Khosrowshahi. The investigation also led to a suspension with pay of Chris Anastasopoulos as CFO of the two companies, effective immediately.
Gary Collins has been appointed interim CEO of the Trust, in addition to his current role of board chair. DRI Healthcare has appointed Ali Hedayat as interim CEO. Additionally, Sandy Kwan has been appointed as interim CFO of both companies.
DRI Healthcare has committed to full restitution of the funds that may be owing to the Trust. Source: Press Release More on DRI Healthcare Trust Historical earnings data for DRI Healthcare Trust Dividend scorecard for DRI Healthcare Trust Financial information for DRI Healthcare Trust.
