The board of Acadia Healthcare has pushed out Chairman and CEO Joey Jacobs, saying it wants to “accelerate Acadia’s momentum and drive value creation.”

Jacobs was voted out Sunday and replaced as CEO by Debbie Osteen, a longtime executive at Universal Health Services — the company that bought Jacobs’ former venture, Psychiatric Solutions, in 2010 — and as chairman by Reeve Waud, the board’s lead director and one of the company’s early investors.