Sabra Health Care REIT (SBRA) stock slips in premarket after naming new chief investment officer
Shares of Sabra Health Care REIT, Inc. fell 0.4% to $19.08 in premarket trading on Tuesday after the healthcare landlord disclosed a chief investment officer transition. A regulatory filing showed Darrin Smith will also serve as secretary and executive vice president, while Chief Financial Officer Michael Costa takes on the treasurer role, effective Jan. 1. The filing said Smith’s employment agreement sets an initial annual base salary of $470,000 and outlines severance terms. SEC
