PACS Group Inc. (NYSE: PACS) appointed Carey P. Hendrickson as chief financial officer, effective April 27, 2026, according to a company statement.

Hendrickson will succeed Mark Hancock, the company's co-founder and executive vice chairman who served as interim CFO since September 2025. Hancock will retire from his executive role by June 30, 2026, while remaining on the board of directors as vice chairman.

Hendrickson most recently served as CFO of U.S. Physical Therapy Inc. (NYSE: USPH), which operates 779 outpatient physical therapy clinics across 44 states. During his tenure there, he managed financial operations including accounting, SEC reporting, treasury, and investor relations. He also oversaw due diligence and integration for more than 20 acquisitions.

Prior to that role, Hendrickson spent six years as executive vice president and CFO of Capital Senior Living Corporation (NYSE: CSU), which operated 128 communities across 23 states. At Capital Senior Living, he negotiated early exit from underperforming leases, relieving the company of more than $250 million in future obligations.

Hendrickson also previously served as senior vice president, CFO and treasurer of Belo Corp. (NYSE: BLC). He holds a BBA in accounting from Baylor University and an MBA in finance from the University of Texas at Arlington.

PACS Group operates more than 320 post-acute care and senior living facilities across 17 states, serving more than 31,700 patients daily. The Salt Lake City-based company was founded in 2013.