Friday, December 23, 2016
Kindred Selling Glenview Home Purchased from CFO Farber
The story of Kindred Healthcare's unusual 2015 benefit for CFO Stephen Farber may soon come to an end with the sale of the former Farber home for an asking price of $2.4 million. Kindred purchased the home because three well off Kentucky men couldn't get along while sharing a common driveway. One could expect a lecture from Jacob Marley to these men about the chains they forged by their selfish and greedy actions.
The same executives who purchased the Farber home eliminated legacy Gentiva employees' miserly retirement match come January 1, 2017. How many tiny Tims are in the homes of Kindred employees struggling to get by today? How much harder will their lives be later in life so Presidents Ben Breier and David Causby can squeeze out a few million more dollars in synergies?