Mark Baiada, founder of Bayada Home Health Care, has appointed his son David to succeed him as CEO as the company transitions to become a nonprofit.
Mark Baiada, a Moorestown resident, stepped into his new role as chairman on Thursday, also his 70th birthday. He will oversee the transition to nonprofit status over the next two years.
“Part of our vision is to build a lasting legacy,” he said. “Lasting legacy to me means being here in 100 years to serve our community.”
As a nonprofit, the now-private, family-owned company will be protected from sale and can maximize its sustainability, he said.
Baiada founded the home care agency in 1975 at age 27. The company offers nursing, rehabilitative, therapeutic, hospice and primary care and other services to children and adults in the comfort of their homes.
Many people rely on home care to avoid long hospital stays or frequent visits, Bayada officials have said. The agency has several locations in Burlington County, including in Moorestown, Mount Laurel and Westampton.
David Baiada has worked at Bayada since 2002. He took over as CEO on Friday, the same day as his 15th anniversary with the company.
“I could not think of a better birthday gift for my father than an unbreakable promise that the ‘Bayada Way,’ which he inspired and helped author, will live forever,” he said, referring to the agency’s philosophy to help people live comfortably at home with dignity.
Going forward, Mark Baiada said he would like to see Bayada expand its outreach internationally, offer more services, and increase educational opportunities for staff. He feels confident that as a nonprofit the agency will be able to achieve and sustain its goals and stay true to its mission.
“It’s to make sure we don’t change,” he said.
Bayada employs more than 25,000 nurses, home health aides, therapists, medical social workers and other home health care professionals who serve their communities in 22 states from more than 325 offices with locations in Germany, India, Ireland and South Korea.
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