Brookdale (BKD) Hits All-Time High on Occupancy Rate Surge, New CEO

Core Insights - Brookdale Senior Living Inc. (NYSE:BKD) has achieved a new all-time high, driven by a significant increase in its occupancy rate and the appointment of a new CEO [1][4]. Group 1: Stock Performance - On Thursday, Brookdale Senior Living's stock reached a peak price of $9.09, closing the day with a gain of 9.36% at $8.88 per share [2]. - The company has extended its winning streak to three consecutive days [1]. Group 2: Occupancy Rate - In the third quarter, Brookdale reported a weighted average consolidated occupancy rate of 81.8%, reflecting a year-on-year increase of 2.9% and a quarter-on-quarter increase of 1.7% [3]. - The occupancy rate further improved in September, rising to 82.5% from 81.8% in August and from 79.2% in September of the previous year [3]. Group 3: Leadership Changes - Nick Stengle has been appointed as the new CEO of Brookdale Senior Living, succeeding Denise Warren, who served as interim CEO since April 2025 [4]. - Prior to joining Brookdale, Stengle was the president and chief operating officer at Gentiva, a major provider of hospice and home health services [4].