David Sedgwick is the President and CEO of CareTrust REIT, Inc., a company he joined in 2014. With a Bachelor's degree in Finance from Brigham Young University and an MBA from the University of Southern California, David has built a...
David Sedgwick is the President and CEO of CareTrust REIT, Inc., a company he joined in 2014. With a Bachelor's degree in Finance from Brigham Young University and an MBA from the University of Southern California, David has built a solid background in finance and leadership. Before becoming CEO in January 2022, he was the Chief Operating Officer and played a key role in the company's growth strategy. Notably, David has a unique connection to the previous CEO, Greg Stapley, as they are brothers-in-law. In 2023, his total compensation reached over $5 million, which includes a substantial annual cash incentive bonus based on company performance metrics like NFFO per share and ESG factors. His focus on aligning executive pay with long-term company goals reflects a strategic mindset. David's approach combines traditional finance education with real-world experience, crafted through years in various leadership roles at CareTrust and Ensign Group. Under his leadership, the company maintains a strong emphasis on sustainability and corporate responsibility, continuing to evolve in the competitive healthcare REIT market.