DaVita's CEO Kent Thiry to transition to executive chairman after 20 years as CEO

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DaVita's CEO Kent Thiry to transition to executive chairman after 20 years as CEO
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DaVita Inc. said Monday Kent Thiry will step down as chief executive officer, after 20 years in the role, and transition to executive chairman. The kidney care services company said it named Javier Rodriguez, after it has named Javier Rodriguez as its new CEO, effective June 1. Rodriguez was previously CEO of the Kidney Care business since March 2014. DaVita's stock, which was still inactive in premarket trade, has gained 8.1% year to date, while the SPDR Health Care Select Sector ETF has edged up 2.9% and the S&P 500 has climbed 17.3%.

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