Capital Senior Living Announces Appointment of Reid To Board Of Directors

Capital Senior Living Corporation (NYSE:CSU), one of the country’s largest operators of senior living communities, recently announced that Michael W. Reid has been appointed to its Board of Directors.  Mr. Reid has nearly 30 years of investment banking and real estate experience, including heading Lehman Brothers REIT equity practice for nine years as Managing Director in the Global Real Estate Department. In that capacity, he was responsible for developing and implementing the business strategy for a successful REIT equity underwriting business. Mr. Reid also served as Chief Operating Officer at SL Green Realty Corp, where some of his responsibilities included strategic planning, finance and reporting, capital markets, operations and budgeting for a $4 billion publicly traded REIT. Mr. Reid is currently a partner at Herald Square Properties, a real estate investment and management company focused on opportunities in the midtown Manhattan office market. He holds a Bachelor of Arts and Master of Divinity, both from Yale University.

“We are extremely pleased to add a director with Michael’s record of achievement and qualifications, and we believe his extensive capital markets, real estate and public company experience will be a valuable addition to our Board,” said Lawrence A. Cohen, Chief Executive Officer. “In addition, Michael’s successful track record in building businesses, and identifying, advising and capitalizing on opportunities will bring fresh insights that will benefit both the Board and the Company.”