Sonida Senior Living CFO Brandon Ribar to Depart Effective June 30

Sonida Senior Living Inc. (NYSE: SNDA) reported that Brandon Ribar will step down as executive vice president and chief financial officer effective June 30, 2026.

The company disclosed the departure in an 8-K filed with the SEC on June 1, 2026 under Item 5.02. Ribar has served in the role since 2022. The filing states he is leaving to pursue other opportunities and does not indicate any disagreement with the company on accounting matters, financial disclosures, or internal controls.

Sonida Senior Living operates senior housing communities across the United States. Ribar's exit removes the executive directly responsible for financial strategy, capital structure, SEC reporting, and lender compliance at a company that carries material debt and files periodic reports as a public entity.

The company said it has begun a search for a permanent replacement and expects to name an interim chief financial officer in the coming weeks.

The change takes effect June 30. From July 1 forward, Ribar will no longer sign the company's Form 10-Q or 10-K certifications or interact directly with auditors and credit providers on covenant compliance. Under SEC rules the company must disclose any material subsequent events and update investors if the interim arrangement or permanent hire materially alters its disclosure controls.

Downstream, the transition accelerates the timeline for the board and audit committee to complete the CFO search before the filing deadline for the company's second-quarter 10-Q. It also requires the company to confirm that internal controls over financial reporting remain effective during the hand-off, a point that will be examined by auditors in the next annual attestation.

Lenders to Sonida will receive formal notice of the executive change under standard credit-agreement notice provisions.

This marks the second CFO-level transition at Sonida in the past four years. The company last filed the departure of its prior chief financial officer in 2022 before appointing Ribar. The June 1, 2026 8-K also contains Item 7.01 Regulation FD disclosure and exhibits required under Item 9.01.