Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Acadia Healthcare (ACHC)

Acadia Healthcare names former Tenet CFO Daniel Cancelmi to board; Miquelon to retire

Neutral Impact 3 of 5 leadership Written later

Acadia Healthcare appointed Daniel Cancelmi, former Executive Vice President and Chief Financial Officer of Tenet Healthcare, as a Class III director effective March 12, 2026. Director Wade Miquelon will not stand for reelection and retires at the 2026 annual meeting, when the board returns to 10 members. The company said the appointment followed engagement with Khrom Capital and that it continues to evaluate all paths to deliver enhanced shareholder value.

Key points

  • Daniel Cancelmi appointed to the board effective March 12, 2026, and will serve on the Audit Committee
  • Wade Miquelon informed the board on March 9, 2026, of his decision to retire at the 2026 annual meeting
  • Board size increases from 10 to 11 now and returns to 10 when Miquelon's retirement takes effect
  • Cancelmi was selected after a search led by the Nominating and Corporate Governance Committee, following engagement with Khrom Capital

The filing

CompanyAcadia Healthcare (ACHC)
Form8-K, current report
Filed with the SECMar 12, 2026, 4:30 PM ET
Accession number0001193125-26-104272

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 12, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.