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PACS Group Inc Appoints Interim CFO Mark Hancock

Story Highlights
  • Derick Apt resigned as CFO of PACS Group Inc. on September 2, 2025, following policy violation findings.
  • Mark Hancock was appointed interim CFO on September 3, 2025, while the company searches for a permanent replacement.
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PACS Group Inc ( (PACS) ) just unveiled an announcement.

On September 2, 2025, Derick Apt resigned as Chief Financial Officer of PACS Group Inc. following an investigation by the Audit Committee into allegations of policy violations related to accepting high-value items. In response to these findings, a separation agreement was reached, and the company has begun searching for a permanent CFO while enhancing its finance team. Mark Hancock, a co-founder and former CFO, was appointed as interim CFO on September 3, 2025. Hancock, who has extensive experience in finance and leadership roles within the company, will continue to serve as Executive Vice Chairman and a board director.

The most recent analyst rating on (PACS) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on PACS Group Inc stock, see the PACS Stock Forecast page.

Spark’s Take on PACS Stock

According to Spark, TipRanks’ AI Analyst, PACS is a Neutral.

The overall score for PACS Group Inc is moderate due to strong revenue growth counterbalanced by high financial leverage and negative technical indicators. Regulatory risks from noncompliance with NYSE requirements further impact the score. Limited valuation data and lack of earnings call insights add to the uncertainty surrounding the stock.

To see Spark’s full report on PACS stock, click here.

More about PACS Group Inc

Average Trading Volume: 560,829

Technical Sentiment Signal: Sell

Current Market Cap: $1.73B

For an in-depth examination of PACS stock, go to TipRanks’ Overview page.

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