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Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): March 14, 2006 (March 13, 2006) National Health Investors, Inc. (Exact name of Registrant as specified in its charter) Maryland (State or Other Jurisdiction of Incorporation) 62-1470956 (IRS Employer Identification Number) 100 Vine Street, Suite 1202 Murfreesboro, TN 37130 (Address of principal executive offices, including zip code) (615) 890-9100 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
001-10822
(Commission File No.)
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On March 13, 2006, National Health Investors, Inc. (NHI) issued a press release announcing that a plan was reached by mutual agreement with National HealthCare Corporation (NHC) to end the use of NHC senior officers to advise NHI.
The plan calls for the advisory agreement between NHI and Management Advisory Source, LLC to continue. Kenneth D. DenBesten, senior vice president of finance, will be solely focused on National Health Investors, Inc. and will resign his position with National HealthCare Corporation, on or about December 31, 2006. Charlotte A. Swafford, senior vice president and treasurer and Donald K. Daniel, senior vice president and controller will resign as officers of National Health Investors, Inc. on or about December 31, 2006.
A copy of the press release is filed an Exhibit 99 to this Current Report on Form 8-K and is incorporated by reference herein.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
National Health Investors, Inc. | |
By: /s/ W. Andrew Adams | |
Name: W. Andrew Adams | |
Title: Chief Executive Officer | |
Date: March 14, 2006 |
Exhibit Index
Number | Exhibit |
99 | Press release, dated March 13, 2006 |
Exhibit 99
For Release: March 13, 2006
Contact: Gerald Coggin, Senior VP of Corporate Relations
Phone: (615) 890-9100
NHI further strengthens independently advised status
MURFREESBORO, Tenn. -- National Health Investors, Inc., (NYSE: NHI), one of the nation's largest health care real estate investment trusts, announced today a plan was reached by mutual agreement with National HealthCare Corporation ("NHC") to end the use of NHC senior officers to advise NHI.
The plan calls for the advisory agreement between NHI and Management Advisory Source, LLC to continue. Kenneth D. DenBesten, senior vice president of finance, will be solely focused on National Health Investors, Inc. and will resign his position with National HealthCare Corporation, on or about Dec. 31, 2006. Charlotte Swafford, senior vice president and treasurer and Donald K. Daniel, senior vice president and controller will resign as officers of National Health Investors, Inc. on or about Dec. 31, 2006.
"I want to personally thank Charlotte and Don for their 15 years of service to NHI, said NHI President Andy Adams. "Now that both NHI and NHC have matured to their current level, the NHI Board believes it to be in the best interest of NHI to accentuate its independence from NHC, its largest tenant."
National Health Investors, Inc. specializes in the financing of health care real estate by purchase and leaseback transactions in first mortgages. The common stock of the company trades on the New York Stock Exchange with the symbol NHI. Additional information including NHI's most recent press releases may be obtained on our web site at www.nhinvestors.com.
Statements in this press release that are not historical facts are forward-looking statements. NHI cautions investors that any forward-looking statements made involve risks and uncertainties and are not guarantees of future performance. All forward-looking statements represent NHI's judgment as of the date of this release.
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