Seniors Housing Business

FEB-MAR 2017

Seniors Housing Business is the magazine that helps you navigate the evolution of the seniors housing industry.

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24 www.seniorshousingbusiness.com Seniors Housing Business n February/March 2017 HCP hires Barclays veteran Peter Scott as EVP, CFO Irvine, Calif. — HCP (NYSE: HCP) has hired Peter Scott as the company's new executive vice president and chief financial of- ficer. Scott replaces Tom Herzog, who was promoted to CEO fol- lowing the resignation of Lauralee Martin last summer. Scott joins HCP following a 15- year career in real estate investment banking. He previously served as a managing director in the real estate banking group at Barclays, where he has spent the majority of his career. Scott also held investment banking positions with Credit Su- isse and Lehman Brothers. Scott has provided advisory and capital markets expertise to clients in the real estate indus- try, specifically focusing on the healthcare REIT sector. Recently, Scott advised HCP on the spinoff of its skilled nursing assets into a separate REIT, Quality Care Prop- erties. Scott received his bachelor's de- gree from the Wharton School at the University of Pennsylvania. Welltower extends DeRosa's CEO contract, eliminates CIO, COO positions Toledo, Ohio — Welltower Inc. (NYSE: HCN) has announced a ma- jor shake-up in its C-Suite, extend- ing CEO Thomas DeRosa's contract for three years while eliminating the chief investment officer and chief operating officer positions previ- ously held by Scott Brinker and Jef- frey Miller, respectively. DeRosa has held the CEO posi- tion since April 2014, and his new contract is extended through April 2020. Miller retired Feb. 1 and Well- tower plans to eliminate the posi- tion rather than replace him. Welltower, will make several oth- er changes to its corporate struc- ture, citing a desire to "streamline decision making and create a lean- er, more integrated management structure for executing the compa- ny's strategy." • Mercedes Kerr, executive vice president who has led the com- pany's business development ac- tivities, will assume additional re- sponsibilities for deal origination, including the company's operations in Canada and the United Kingdom. • Tim Lordan has been promoted to the newly created role of senior vice president of asset manage- ment, and will report to Kerr. • Scott Estes, executive vice pres- ident and CFO, will assume addi- tional responsibilities for informa- tion management. • Shankh Mitra, senior vice pres- ident of finance and investments, will take on additional responsibil- ities for oversight of the company's portfolio management and busi- ness analytics functions. • Matthew McQueen, senior vice president and general counsel, will assume additional responsibilities for internal auditing. Capital Senior Living COO Keith Johannessen passes away Dallas — Keith Johannessen, president and chief operating offi- cer of Capital Senior Living Corp. (NYSE: CSU), has died after a battle with cancer. Johannessen was on medical leave, and his duties had already been assigned to various execu- tives within the company. J o h a n n e s s e n had more than 37 years of op- erational experi- ence in seniors housing. He joined Capital Senior Living in 1993 as an executive vice president and had served as the company's president since 1994. He had also been COO and a member of CSU's Board of Directors since 1999. Prior to joining Capital Senior Living, Johannessen worked in the healthcare practice of Ernst & Young LLP and served on several committees of the American Se- niors Housing Association. "Keith was a tireless mentor, leader and friend who has been a part of the Capital Senior Liv- ing family since 1993, and he will be greatly missed," said Lawrence Cohen, the company's CEO. "His empowering leadership, vision and compassion were instrumen- tal in the transformation of Capital Senior Living into one of the larg- est owners and operators of senior living communities in the country." People commercial banking | healthcare Illinois | Marty Koutsky Midwest Market President One N. LaSalle Street Chicago, IL 60602 Tel: 312.419.4108 Marty.Koutsky@leumiusa.com national head of healthcare Eric A. Halpern 579 Fifth Avenue New York, NY 10017 Tel: 212.626.1372 Eric.Halpern@leumiusa.com New York | Claudia Gourdon Senior Relationship Manager 579 Fifth Avenue New York, NY 10017 Tel: 212.626.1287 Claudia.Gourdon@leumiusa.com Florida | Hely Santeliz Senior Relationship Manager 19495 Biscayne Boulevard Aventura, FL 33180 Tel: 305.918.6320 Hely.Santeliz@leumiusa.com California | Thomas Belli Relationship Manager 555 W. Fifth Street Los Angeles, CA 90013 Tel: 323.966.4714 Thomas.Belli@leumiusa.com leumiusa.com Leumi Helping You Grow Your Senior Housing Portfolio And fortunately, we're no ordinary bank. As people age, their needs increase—and so does the demand for senior housing and specialized care facilities. At Leumi, we understand the complexities of your business and the challenges you face in your industry. We provide the resources, tools, and services you need to make a difference in the senior housing facilities you own and operate. Our Healthcare Relationship Managers provide the guidance and support you need to navigate these complex financial waters. Contact Leumi to start the conversation. With over 40 years experience in the senior housing industry, we understand it's no ordinary business. Bank Leumi USA® is an FDIC insured, New York State chartered bank.

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