Acadia Healthcare Parts Ways With CEO Hunter; Osteen Retakes Helm

Dow Jones01-20

By Colin Kellaher

Acadia Healthcare's chief executive, Christopher Hunter, has left the healthcare provider, and former CEO Debra Osteen has returned to the post.

Acadia on Tuesday said Hunter, who took the reins from Osteen in April 2022, has also resigned from the board, adding that it expects to sign a separation and release agreement with the former executive.

Acadia said it is changing leadership as the Franklin, Tenn., company continues to take steps to optimize its growth investments and portfolio amid ongoing macro headwinds facing many healthcare providers.

The company said it will conduct a comprehensive search for a long-term successor to Hunter, and that it continues to evaluate all paths to deliver enhanced shareholder value.

Osteen, 70 years old, previously served as CEO of Acadia from December 2018 to March 2022 and as a member of the board from December 2018 to May 2024.

Acadia said Osteen, who has rejoined the board, will receive a base annual salary of about $1.06 million and an annual cash bonus with a target of 125% of her base pay.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

January 20, 2026 08:28 ET (13:28 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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