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R. Dirk Allison

Chief Executive Officer and Chairman of the Board at Addus HomeCare
Board
Since March 2021
Age
68 years
Education
Earned a Bachelor of Business Administration from the University of Louisiana at Monroe and a master's degree in business administration from the University of Dallas, and is a certified public accountant.
Tenure
Joined ADUS as a director in 2010, advanced to President and CEO in January 2016, and has served as Chief Executive Officer and Chairman of the Board since March 2021.

Also at Addus HomeCare

BP
Brian Poff
Executive Vice President and Chief Financial Officer
CB
Cliff Blessing
Executive Vice President and Chief Development Officer
DA
Darby Anderson
Executive Vice President and Chief Government Relations Officer

About

R. Dirk Allison is a seasoned executive recognized for his extensive leadership experience in the healthcare industry.

He has demonstrated a robust career in strategic roles, most notably at ADUS where he began as a director in 2010 and advanced through key positions, ultimately serving as President and CEO before becoming the Chief Executive Officer and Chairman of the Board in March 2021.

Beyond his tenure at ADUS, his career is marked by a history of executive roles in various healthcare companies, underscoring his expertise in business strategy, financial management, and operational effectiveness.

$ADUS Performance Under R. Dirk Allison

Past Roles

OrganizationRoleDate RangeDetails
National Mentor Holdings, Inc. Director April 2019 - January 2022 Holding company for Civitas Solutions, Inc.
Sevita, Inc. Director April 2019 - January 2022 Position no longer active
Addus HomeCare Corporation (ADUS) President and Chief Executive Officer January 2016 - March 2021 Held prior to becoming CEO and Chairman
Addus HomeCare Corporation (ADUS) Director of the Company 2010 - March 2021 (inferred) Held before assuming current role as CEO and Chairman
Curo Health Services, LLC Director 2013 - 2015 Hospice care provider
Correctional Healthcare Companies, Inc. President and Chief Executive Officer 2013 - 2014 National provider of correctional healthcare solutions
CCS Medical, Inc. President and Chief Executive Officer 2011 - 2013 Provider of mail-order diabetic supplies
Odyssey Healthcare, Inc. (Nasdaq: ODSY) Senior Vice President, Chief Financial Officer, and Treasurer Joined in 2006 - N/A Provider of hospice services
Omniflight, Inc. Executive Vice President and Chief Financial Officer N/A Operator of aviation support services to the healthcare industry
Ardent Health Services LLC Executive Vice President and Chief Financial Officer Approximately 3.5 years Operator of acute care and behavioral care hospitals
Renal Care Group, Inc. (NYSE: RCI) Executive Vice President, Chief Financial Officer, and Treasurer Approximately 4 years Operator of dialysis centers
Various Healthcare Companies President and Chief Executive Officer 1987 - 1999 Led several publicly and privately held healthcare companies

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary $940,385 FY 2023Fixed base salary
All Other Compensation $24,471 FY 2023Life Insurance Premium: $11,633 ; Personal Benefit: $11,638 ; Cell Phone Allowance: $1,200

Performance Compensation

Data from  FY 2023

Restricted Stock Awards

MetricValue
Grant Date Feb 24, 2023
Restricted Stock Awards (shares) 17,927 shares
Grant Date Fair Value $1,874,985
Performance Metric Adjusted EBITDA
Threshold 50% payout at 90% of target
Target 100% payout at 100% of target
Maximum Payout 150% payout at 110% of target
Vesting Schedule Vests over 3 years on Feb 24 of 2023, 2024, & 2025

Non-Equity Incentive Plan Compensation

MetricValue
Grant Date Feb 24, 2023
Compensation Amount$1,330,000
Payment Date March 6, 2024
Performance Metric Adjusted EBITDA
Threshold 50% payout at 90% of target ($475,000)
Target 100% payout at 100% of target ($950,000)
Maximum Payout 150% payout at 110% of target ($1,425,000)
Payment Terms Cash-based; no vesting