Tom Brookes has stepped down from his position as chief executive officer at Orchard Care Homes after more than five years in the role.
He will be succeeded by chief operating officer Hayden Knight, who joined the care home provider in May.
Knight’s previous experience in the industry includes his time at specialist care provider Priory Group, where he spent more than 22 years in senior positions.
Ian Goulding, chairman of Orchard Care Homes, said: ‘After six years with the company, holding a number of senior management posts including MD of Larchwood Care Homes and CEO of Lifestyle Care Homes, Tom led a radical transformation programme in Orchard.
‘Tom has improved the quality of the homes and developed plans for the financial sustainability of the business. He has put a highly experienced team in place, and has now appointed his successor, Hayden Knight.
‘The board would like to thank Tom for his enormous contribution over the last six years and wish him well in his future endeavours.’
Knight’s promotion from chief operating officer comes at a vital time for the care home provider as it looks to reduce its portfolio by 25%.
The process of cutting 14 homes, which is being managed by chief restructuring officer Simon Harrison, includes an exit from six of Target Healthcare REIT’s homes.
Target Healthcare has said it is in discussions with alternative care home operators to ensure an orderly handover of operations with minimal disruption to the residents.
‘The company has a diversified portfolio and currently benefits from 26 different tenants across its 63 homes. The company also has a successful track record of replacing operators with no disruption to the residents and a minimal value impact,’ said the real estate investor.