Michael G. Wallace has been promoted to president at Daybreak Venture, LLC, one of the largest operators of skilled nursing facilities in Texas.

Wallace will oversee 82 skilled nursing facilities throughout Texas and Missouri, as well as corporate support functions.

Previously, he served as the company’s chief financial officer and chief information officer since 2009, managing information technology, finance, accounting and risk management functions. Before joining Daybreak, he served as president and chief executive officer at Genezen Healthcare, a multistate specialty drug services company based in Addison, TX.

Earlier in his career, Wallace worked as a healthcare consultant and served as the senior vice president and chief financial officer at Medical Alliance, Inc., a national surgical services company based in Albemarle, NC.

Wallace received his Bachelor of Business Administration in accounting from Texas State University – San Marcos.