ITEM 7.01 REGULATION FD DISCLOSURE
Global Healthcare REIT, Inc. (the "Company"), issued a press release today
announcing that Christopher "Randy" Barker has been appointed President and COO
of the Company and is the newest Member of its Board of Directors, effective
date of January 1, 2021. Mr. Barker will replace Lance Baller who has been
acting as the Company's Interim President. A copy of the press release is filed
herewith as Exhibit 99.1
The following is biographical information for Mr. Barker.
Randy Barker, age 53, is a co-founder and part of the Management Group at
Graphium Health, a mobile, cloud-based software platform for anesthesia related
to compliance, billing, revenue cycle management, electronic data capture and
operational excellence. Mr. Barker served as the CEO of Graphium Health from
2011 to 2016.
Mr. Barker is also a co-founder/partner of empathiHR, launched in 2020 as a
video based learning management/content management platform hybrid producing
custom courses leveraging industry subject matter experts that enable businesses
to manage compliance needs, and offer quality learning for their organization.
He is also the co-founder/partner of HR Vids, launched in 2019 as a software
platform that leverages video to assist with hiring, engagement and retention in
high-turnover industries.
Randy is a graduate of Roberts Wesleyan College with a Bachelor of Arts degree
in Communications, with a concentration in Business. He also volunteers with a
number of charities including being a Board Member of an orphanage in Kenya, as
well as working with a private Christian school in Nicaragua.
In consideration of services rendered as President and COO of the Company, Mr.
Barker shall be paid an annual salary of $125,000. Randy's employment will be
"at will" and can be terminated by either party on reasonable notice.
Effective January 1, 2021, Lance Baller shall resign as Interim President of the
Company but shall remain as CEO and shall also be appointed to serve as the
Company's Chairman of the Board. In consideration of services rendered as CEO of
the Company, Mr. Baller shall be paid an annual salary of $125,000.
The information in this Current Report on Form 8-K furnished pursuant to Item
7.01, including Exhibit 99.1, shall not be deemed to be "filed" for the purposes
of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), or otherwise subject to liability under that section, and they shall not
be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended, or the Exchange Act, except as shall be expressly set forth by
specific reference in such filing. By filing this Current Report on Form 8-K and
furnishing this information pursuant to Item 7.01, The Company makes no
admission as to the materiality of any information in this Current Report on
Form 8-K, including Exhibit 99.1, that is required to be disclosed solely by
Regulation FD.
ITEM 9.01: EXHIBITS
Item Title
99.1 Press Release
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