NHI chief trims stake
Posted on September 2, 2009 at 6:59 amNational Health Investors CEO Andrew Adams last week disposed of more than 15,000 shares in the Murfreesboro-based REIT, grossing him about $516,000. The sale lightened his direct holdings in the company (Ticker: NHI) by about 1.2 percent.
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‘Sole discretion’ lucrative for NHI chief
Posted on December 15, 2008 at 2:50 pmA committee of the board of National Health Investors (Ticker: NHI) has voted to pay interim CEO Andrew Adams $900,000 for his service since April.
As provided in the Consulting Agreement, the fee for Mr. Adams’ services is $1.00; however, the Agreement also provides that the Directors may, in their sole discretion, pay Mr. Adams a bonus amount for the services provided pursuant to the Agreement.
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