American Healthcare REIT, Inc. announced the appointment of Aric Chang as its new Chief Financial Officer, effective October 1, 2026. Mr. Chang will succeed Brian S. Peay, who is retiring as CFO on September 30, 2026. To ensure a smooth transition, Mr. Peay will serve as a non-employee consultant to the company through April 15, 2027.
Key Details
- Incoming CFO: Aric Chang, formerly Chief Financial Officer, Real Estate at Public Storage (NYSE: PSA), will assume the role of CFO on October 1, 2026.
- New CFO Compensation: Mr. Chang's compensation includes a $500,000 annual base salary, a target bonus of 100% of salary, a $1 million target annual long-term incentive award beginning in 2027, and a one-time cash inducement payment of $310,000.
- Outgoing CFO Transition: Brian Peay's transition agreement includes a consulting role through April 15, 2027, a 2026 bonus payment equal to 150% of his base salary, and the accelerated vesting of 18,159 shares of restricted stock.