Acadia Healthcare Announces Dr. Nasser Khan Resigns As COO, To Serve As Executive Advisor Through 2025 Under Transition Agreement

Author: Benzinga Newsdesk | November 05, 2025 04:28pm

On October 30, 2025, Dr. Nasser Khan notified the Company of his resignation as Chief Operating Officer ("COO") of the Company, effective November 3, 2025. In connection with his resignation as COO, the Company entered into a transition and separation agreement (the "Khan Transition and Separation Agreement") with Dr. Khan. Pursuant to the Khan Transition and Separation Agreement, Dr. Khan will be employed as an executive advisor to the Company's Chief Executive Officer through December 31, 2025, and shall receive a lump-sum payment of $515,000 no later than March 15, 2026. In addition, Dr. Khan will remain eligible to earn a cash bonus for the 2025 performance year, determined based on actual performance achievement, as determined by the Board or the Compensation Committee in its sole discretion.

Posted In: ACHC