Silverado names Wayne Sanner CEO as Loren Shook becomes executive chairman

Silverado said Wayne Sanner took over as chief executive officer and president on July 1, 2026, while founder Loren Shook moved into an executive chairman role. The leadership shift is meant to preserve the company’s culture as it looks to expand its memory care, hospice and supportive care work.

Why it matters: - Silverado is changing leadership at a time when founder-led culture and continuity can shape care delivery, employee retention and growth. - The transition puts a longtime operator in charge while keeping founder Loren Shook involved in strategy and culture. - Silverado serves residents, patients, families, associates and referral partners in memory care, hospice and supportive care.

What happened: - Wayne Sanner became chief executive officer and president of Silverado effective July 1, 2026. - Loren Shook shifted to chairman of the board, executive chairman and founder. - Shook will continue full time to support Silverado’s culture and development while providing strategic guidance. - Silverado announced the leadership change this week.

The details: - Shook founded Silverado in 1996. - Silverado describes itself as a nationally recognized provider of memory care, hospice and supportive care services. - The company says Shook’s leadership helped redefine excellence in memory care, hospice and supportive care. - Silverado says its culture is built on dignity, purpose and love. - Sanner said he is honored to build on Shook’s foundation and lead Silverado into its next era of growth, innovation and impact. - Shook said he has confidence in Sanner’s leadership and Silverado’s future. - Shook said Sanner has more than 25 years of experience leading and growing large complex healthcare companies in the post-acute sector. - Silverado says Sanner brings operational excellence, a collaborative leadership style and a focus on innovation. - Silverado says Sanner has led large skilled nursing companies.

Between the lines: - The change appears designed to balance continuity with a fresh operating leader. - Keeping Shook in an executive chairman role gives Silverado a visible link to its original mission while shifting day-to-day leadership to Sanner. - The company is signaling that culture and person-centered care remain central even as it enters a new growth phase.

What's next: - Sanner will lead Silverado’s next phase of growth and innovation. - Silverado says it will continue to strengthen its culture and expand its impact. - The company plans to keep setting standards for person- and relationship-centered care. - Silverado is asking associates, families, partners and friends to welcome Sanner and celebrate Shook’s legacy.

The bottom line: - Silverado is pairing a founder’s continued strategic influence with a new CEO to carry the company’s care model forward.