Executive Chairman

Mr. Stapley is the Executive Chairman of the Board after serving as Chairman and CEO since the inception of CareTrust in 2014 through 2021.

Prior to CareTrust, he was a co-founder of Ensign, where he served as Ensign’s Executive Vice President (from 2009), General Counsel (1999 – 2009) as well as Assistant Secretary shortly after it was founded in 1999. He was instrumental in assembling the real estate portfolio that was transferred to CareTrust in the Spin-Off.

Mr. Stapley previously served as General Counsel for a national manufacturer, wholesaler and retailer with 192 retail outlets across the United States. Before that, Mr. Stapley was a Partner of the Phoenix law firm of Jennings, Strouss & Salmon PLC, where his practice emphasized real estate, business transactions and government relations.

Given his tenure at Ensign, Mr. Stapley brings to our Board of Directors extensive management experience, critical knowledge of our properties plus in-depth knowledge and understanding of the healthcare business in general.

Mr. Stapley holds a JD from the University of Arizona, and a BA from Brigham Young University.

President & Chief Executive Officer

Dave Sedgwick is the President & Chief Executive Officer at CareTrust REIT and has been with the company since its inception in 2014. During his time at CareTrust, Mr. Sedgwick has both led and been instrumental in the Company’s performance across core areas of the Company’s day-to-day operations and strategy including new investments, asset management, tenant relations and portfolio management, investor relations, and capital markets activity.

Prior to joining CareTrust, Mr. Sedgwick served in several key leadership roles at The Ensign Group from 2001 to 2014. During 2013, he operated Ensign’s then newly-built Medicare-only skilled nursing facility in Denver, Colorado and simultaneously supported Ensign’s skilled nursing operations in Colorado. During 2012, he served as President of Ensign’s Maryland-based urgent care franchise venture, Doctors Express. From 2007 to 2012, Mr. Sedgwick served as Ensign’s President of Facility Services & Chief Human Capital Officer, including responsibilities for overall facility support services, new acquisition integration, and Ensign University, which included Ensign’s facility CEO recruiting and training program. From 2002 to 2007, he operated three Ensign skilled nursing facilities in two states. Mr. Sedgwick holds a B.S. in Accounting from Brigham Young University and an M.B.A. from the University of Southern California.

Mr. Sedgwick has been a licensed nursing home administrator since 2001 and holds an MBA from the University of Southern California and a BS from Brigham Young University.

Chief Financial Officer

Mr. Wagner has been CareTrust REIT’s Chief Financial Officer and principal accounting officer since our inception in 2014.

Prior to that, Mr. Wagner served as Chief Financial Officer of First Team Real Estate, a private real estate brokerage company. He also held the role of Senior Vice President and Chief Accounting Officer of Nationwide Health Properties, Inc., a healthcare REIT. For 4 years, Mr. Wagner was Senior Vice President and Chief Accounting Officer of Sunstone Hotel Investors, Inc., a lodging REIT. And before that, Mr. Wagner was Vice President of Financial Reporting for The TriZetto Group, Inc.

Mr. Wagner has also worked for two Internet startup ventures. He served as Director of Financial Reporting for Irvine Apartment Communities, Inc., a multifamily REIT. And he started his career working for EY Kenneth Leventhal Real Estate Group serving real estate clients including several REITs.

Mr. Wagner received a BA degree in Business Administration from the University of Washington, and is a Certified Public Accountant (inactive) in the State of California.

Chief Investment Officer

Mark Lamb is the Chief Investment Officer at CareTrust REIT and has been with the company since July 2014. His duties include investment underwriting, due diligence, business development and asset management.

Prior to joining CareTrust, Mr. Lamb operated one of Plum Healthcare’s flagship facilities. Before that, he served as the Director of Investments at Nationwide Health Properties, Inc., a healthcare REIT. During those three years, he underwrote and helped acquire over $1 billion of new investments across the Senior Housing and Skilled Nursing sectors.

Prior to his time at NHP and Plum, Mr. Lamb served as a Regional Administrator at North American Health Care, Inc., he worked as a Portfolio Manager at J&B Asset Management (now TruAmerica Multifamily) and as an Investment Associate at The Bascom Group, a private equity real estate investment firm.

Mr. Lamb has been a licensed nursing home administrator since 2002 and holds an MBA from the University of Southern California, and a BA from Pepperdine University.