Four Seasons Health Care chairman Martin Healy has stepped in as chief executive of the provider on an interim basis.
Tim Hammond left the business last week, according to a report in The Daily Telegraph, with documents filed to Companies House confirming his departure.
The development follows the conditional sale of Four Seasons to H/2 Capital Partners being ‘terminated due to certain conditions’ not being met in October.
H/2 had agreed a conditional deal to buy 185 freehold properties for £350m. However, it was still unclear what the future held for the 135 leasehold care homes.