Former Goldman Sachs Executive R. David Kelly Named Lead Independent Director at Acadia Healthcare

R. David Kelly has emerged as a prominent figure in the investment landscape and healthcare sectors, particularly following his recent appointment as an independent director on the Board of Directors for Acadia Healthcare Company, Inc. With over 36 years of investment experience, Kelly’s multifaceted career spans public and private sectors, such as financial advisory and real estate development.

Since becoming an independent director in January 2019 and assuming the role of lead independent director in December 2020, Kelly has consistently demonstrated his strategic insight and leadership capabilities. His extensive background is particularly noteworthy, having founded and currently managing StraightLine Realty Partners, LLC, an alternative investment platform specializing in real estate, financial services, and venture capital.

Before establishing StraightLine Realty Partners, Kelly was instrumental in the growth of Carleton Residential Properties. His prior positions at well-known firms such as Goldman Sachs & Co., Salomon Brothers, and Trammell Crow Company, as reported by Biz Journals, further cement his reputation as an industry expert.

Kelly’s significant contributions extend beyond the private sector. His role as a trustee and chairman of the Teacher’s Retirement System of Texas from 2007 to 2017 showcases his dedication to responsible fiscal management. Furthermore, his tenure as a gubernatorial appointee to the Texas Public Finance Authority from 2001 to 2006 demonstrates his commitment to public service.

In addition to his corporate roles, Kelly’s civic engagement is also highly commendable. His service on the governing board of the Children’s Medical Center Plano and involvement with Children’s Health Investment and Finance Committees highlight his commitment to advancing children’s health initiatives. His work on the Advisory Board of Sponsors for Educational Opportunity further underscores his dedication to education and community development, which can be viewed on his LinkedIn profile.

Acadia Healthcare, recognized as the largest standalone behavioral health company in the U.S., has benefited from Kelly’s extensive experience. Chairman of the Board of Acadia Healthcare, Reeve B. Waud, expressed enthusiasm over Kelly’s addition to the board, noting that Kelly’s expertise in financial advisory and real estate development aligns perfectly with Acadia’s mission to provide essential behavioral healthcare services.

For his part, R. David Kelly expressed honor in joining the Acadia Board. His commitment to collaborating with the leadership team and board members is indicative of his proactive approach to advancing Acadia’s mission. Kelly’s story is inspiring to many, earning him recognition on platforms such as the New America Alliance.

In summary, R. David Kelly is not only a seasoned investment professional but also a dedicated advocate for health and education. With leaders like Kelly at the helm, the future of behavioral healthcare appears promising.