Report
Jake Strole
EUR 100.00 For Business Accounts Only

DaVita Announces Changing of the Guard: Thiry to Leave CEO Post After Nearly 20 Years

On April 29, narrow-moat DaVita announced the departure of CEO Kent Thiry effective June 1, 2019, although he will remain on the board as executive chairman until June 2020. The board has appointed Javier Rodriguez, the current CEO of DaVita's kidney care operations, to lead the firm. Rodriguez is an obvious successor, in our view, with over 20 years' experience at DaVita in various leadership positions including heading up the company's core dialysis business since 2014. We don't expect this de...
Underlying
DaVita Inc.

DaVita is a healthcare provider focused on transforming care delivery to improve quality of life for patients. The company's United States dialysis business provides kidney dialysis services for patients suffering from end stage renal disease (ESRD). The company's dialysis services include outpatient hemodialysis services, hospital inpatient hemodialysis services, home-based dialysis services, ESRD laboratory services, and management services. The company's ancillary services and strategic initiatives businesses include disease management services, physician services, ESRD Seamless Care Organization joint ventures, clinical research programs, vascular access services, as well as international dialysis operations.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jake Strole

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