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Wade D. Miquelon Adds Retail Industry Leadership to Acadia Healthcare Board Perspective

Wade D. Miquelon served as president, chief executive officer, and board member of Jo-Ann Stores from 2019 through 2023, bringing retail industry leadership experience to his concurrent role on the Acadia Healthcare board. This dual perspective from retail and healthcare sectors provides cross-industry insights applicable to behavioral health provider operations serving 75,000 patients daily across 260 facilities.

Miquelon joined Jo-Ann as executive vice president and CFO in 2016 before ascending to the CEO role three years later. The Hudson, Ohio-based fabric and craft specialty retailer operates 850 stores in 49 states, requiring management of geographically dispersed locations with varying market conditions—operational complexity similar to Acadia Healthcare’s multi-state facility network. His retail experience managing store portfolios, real estate strategy, and location performance metrics transfers to healthcare facility operations oversight.

Customer experience formed a central focus during Miquelon’s Jo-Ann tenure. He led initiatives revitalizing branding, refreshing merchandising, expanding digital capabilities, and implementing customer-focused storefront innovation. These consumer-oriented strategies parallel patient experience priorities at behavioral health facilities, where satisfaction scores, referral patterns, and community reputation affect census levels and financial performance.

Supply chain management and inventory optimization dominated retail operations at Jo-Ann, requiring balance between product availability and working capital efficiency. Acadia Healthcare faces analogous challenges managing medical supplies, pharmaceutical inventories, and facility maintenance across its network while controlling costs and maintaining quality standards. Miquelon’s retail background provides perspective on operational efficiency initiatives applicable to healthcare facility management.

Technology implementation represented another key initiative during his Jo-Ann leadership. He oversaw information technology functions alongside finance, real estate, and general counsel operations. This integrated approach to corporate functions mirrors Acadia Healthcare’s strategic priorities implementing electronic health records systems, patient monitoring technology, and administrative platforms supporting quality improvement across facilities.

Private equity ownership shaped Jo-Ann’s governance structure, with Leonard Green & Partners acquiring the retailer in 2011. Miquelon’s experience navigating private equity ownership expectations while managing day-to-day operations informs his understanding of capital provider relationships—relevant knowledge given Acadia Healthcare’s history with private equity investors and current status as publicly traded company balancing multiple stakeholder interests.