New CEO and COO appointments, effective January 2024

Altoona, PA – April 11, 2023 – Pyramid Healthcare, Inc., one of the largest private providers of behavioral healthcare in the United States, today announced two key promotions at the highest level of the company which will shape its direction for years to come. Effective January 1, 2024, Jason Hendricks will become Chief Executive Officer and Sarah Deutchman will take Hendrick’s current role as Chief Operating Officer. Current President and CEO, Jonathan Wolf, will remain in an active role as Chairman of the Board and management advisor.

During his 20-year tenure, Hendricks has served in a multitude of roles at Pyramid from his start as an adolescent treatment counselor to his current position of COO. Deutchman, currently the Senior Vice President of Operations, has been employed at Pyramid Healthcare for 10 years, making her start in marketing before moving into increasingly expansive leadership positions.

“The promotions of Jason and Sarah are the culmination of a thoughtfully planned and extensive training program that has been active for many years,” commented Wolf. “Jason and Sarah have decades of experience at Pyramid. They have been high-level, key contributors to the dramatic growth and success of our company.”

Pyramid Healthcare was founded by Wolf in 1999 as a lone facility in central Pennsylvania. Today, Pyramid and its 16 affiliated and subsidiary companies, which represent over 80 distinct treatment facilities and specialty schools, treat over 12,000 clients daily through the commitment and dedication of over 3,000 staff members throughout 8 states.

Pyramid’s mission is to cultivate a team of committed professionals, passionate about identifying human service needs and creating solutions for individuals and families that result in a stronger quality of life. Pyramid’s focus is squarely on increasing client access to treatment, leveraging technology to improve treatment outcomes and investing in people to provide the highest levels of care to every client, every day.

“Our goal remains clear and the passion that we all share to execute and deliver on it is stronger than ever. Pyramid’s future is bright, and our incredible team is excited to build on the opportunity to bring our services to more people,” Deutchman declared.

“The behavioral health crisis is a national epidemic that requires ongoing, immediate attention and action. We will continue to invest in our people, technology, and processes to fortify our organization as we face this epidemic with determination. We are committed to continuing our mission of providing innovative treatment and the highest quality of care, and I’m confident that our team will continue to make a real difference in the lives of those we serve,” remarked Hendricks.

“Pyramid has become one of the most successful, growth-oriented, and high-quality behavioral healthcare companies in the country. This announcement highlights our planning and commitment to the significant positive impact our management team is delivering across the communities and the clients Pyramid serves. The mission and direction of Pyramid Healthcare going forward remains unchanged,” commented Keith Farrow, board member and Managing Director at Nautic Partners.