The Board of DRI Healthcare Trust has appointed Gary Collins as the interim CEO of the Trust. DRI Capital Inc. has named Ali Hedayat as its interim CEO. The Board demanded and received the immediate resignation of Behzad Khosrowshahi from the Board of Trustees and as CEO of the Trust, and he also resigned as CEO of DRI Healthcare.  Mr. Collins is a seasoned senior leader with deep experience in a wide range of industries and sectors.

He has served as Chair of the Board since February 2021, and previously served as Minister of Finance in British Columbia and as a CEO and president. Mr. Collins has also served on numerous public company boards and as chair of numerous board and special committees.  Mr. Hedayat is a longtime senior executive in the financial services industry. He serves as a Member of the Board of DRI Healthcare and the Trust, and as a senior advisor to Persis Holdings Ltd, the parent company of DRI Healthcare.

He has founded and co-founded successful capital funds in London, New York, Toronto, and previously held senior roles at the Goldman Sachs Group. He has served on the board of Restaurant Brands International since 2016 along with numerous current and former board positions.