The move, which is effective July 7, comes not because of any disagreements with Aveanna management, practices or policies, the company said. Matt Buckhalter, a seven-year veteran of the company, will take over as interim CFO.
Atlanta-based Aveanna, which operates in 33 states serving more than 40,000 people, was included on a Moody’s top 10 list of most indebted healthcare companies with a credit rating of B3 or lower, with a total debt of $1.3 billion as of June 2022.