Diversicare Healthcare Services, Inc. announced that Kelly J. Gill has retired as President and Chief Executive Officer, effective July 6, 2018. Mr. Gill has also retired from the Company's Board of Directors. The Company also announced that it has appointed James R. McKnight, Jr. as President and Chief Executive Officer of the Company effective immediately.

In addition, Mr. McKnight was appointed to the Board of Directors to fill the vacancy left by Mr. Gill, effective July 11, 2018. Mr. McKnight joined Diversicare in August 2012 as Chief Financial Officer.