Edward Lange Jr. has resigned as Holiday Retirement’s chief executive officer just two months after taking the position, a source within the company confirmed on Tuesday.
Lange was named the company’s CEO in April 2013, succeeding Jack Callison, Jr. He previously served as chief financial officer and chief operating officer for BRE Properties, Inc. and has more than 20 years’ experience in the residential and senior care industries.
Kai Hsiao, Holiday’s president, has assumed the role of interim CEO, sources told SHN.
Holiday Retirement is the nation’s largest independent living provider and the third-largest senior living provider with more than 42,800 units spread across 316 properties.
The Lake Oswego, Ore.-based company has made a few acquisitions in the past few months, including communities in McAllen and Longview, Texas and Raleigh, N.C.
Senior Housing News reached out to Holiday Retirement’s public relations department but did not receive an official response as of press time.
Written by Alyssa Gerace