Behavioral Health Business October 26, 2023
Pyramid Healthcare will undergo its first CEO change in its 25-year history at the beginning of 2024.
Jonathan Wolf, who founded the company in 1999, will step into a board chair and advisory role. Jason Hendricks, the chief operating officer of Pyramid Healthcare, will succeed him. Sarah Deutchman, the company’s senior vice president of operations, will step into the COO role. Hendricks has been with the company for 20 years and Deutchman for 10.
Pyramid Healthcare has grown from a single location in Central Pennsylvania to employ 3,100 people and operate 29 residential treatment facilities and 46 outpatient locations across eight states. Providence, Rhode Island-based private equity firm Nautic Capital acquired the company in May 2021.
The company continues to...