Movers & Shakers: RED Capital Group’s New CEO

Ted Meylor Assumes Role of CEO for RED Capital Group

RED Capital Group, LLC and ORIX USA Corporation announced recently that Edward “Ted” J. Meylor will be assuming the role of CEO for RED Capital Group, as Mike Moran, current CEO, transitions back to the parent company, ORIX USA.

Moran was named as chairman and CEO of RED in 2012, two years after ORIX purchased the company, to transition the company after its founder, William E. Roberts, retired. Under Moran’s leadership, RED continued to expand its presence and reputation in the multifamily, senior housing and affordable housing industries.

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Meylor joined RED in May 2014 as executive chairman, working with Moran to grow the RED portfolio and foster new opportunities for the firm. He takes on the additional responsibilities that come with the CEO role with plans to further grow the RED portfolio.

“Ted was brought in to build on the groundwork that Mike has started, including the continued growth in the seniors housing platform and key projects that are currently in the works,” said Hideto Nishitani, chairman, president and CEO of ORIX USA. “We believe that with these changes that both RED and ORIX USA are poised for future growth.”

ProMatura Group Names New President 

The ProMatura Group, an international consumer research firm headquartered in Oxford, Miss., has named a decorated former U.S. Army officer to be its new president.

Bobby A. Towery assumes his new post immediately, and will be charged with heading up operations and management of the fast-growing consultancy.

CEO Margaret A. Wylde was originally looking for a sales manager to add to the firm when she met Towery “by chance.”

“Bernie Smith had just announced his intentions to leave after 20 years as our chief operating officer, and up steps a man who had risen to the rank of colonel in the Army hierarchy, including serving as deputy commandant of the War College in Carlisle, Pa., before his retirement in 2013,” she said in a statement. “He is an organizational genius, and the person I most need to bring important leadership to our firm.”

Prior to joining ProMatura, Towery was serving as vice president of operations for NCI Informational Systems of Reston, Va., where he was director of logistics for new acquisitions across the country.

During his 30-year Army career, he served at bases across the U.S., including Fort Riley, Kans., Fort Stewart, Ga., Fort Bragg, N.C. and Fort Polk, La. His instructing experience includes serving as assistant professor of military science and battalion executive officer at the University of Mississippi.

His military awards include the Distinguished Service Medal, Legion on Merit, Meritorious Service Medal and Army Commendation Medal for Valor.

Park Springs Promotes Jim Schneeberger to Executive Director

Isakson Living recently announced that Jim Schneeberger has been promoted to the position of executive director for Park Springs, an Atlanta continuing care retirement community (CCRC) that is owned and operated by Isakson Living.

Schneeberger has been with Park Springs since 2008 as director of food and beverage. In that position, he managed the more than 100 professionals who work in one of the four dining venues at the retirement community: the Market Café Bistro, the Main Dining Room, the Springhouse Grill and the Park Springs Pub.

In addition, he focused on enhancing the dining experience for the residents at the Cobblestone Health Center, including Pebblebrook, Park Springs’ nursing home.

“As director of our food and beverage department, the largest department on campus, we have witnessed Jim’s excellent leadership skills and how he consistently exhibits the many qualities we seek in an executive director,” said Kevin Isakson, director of sales and marketing at Isakson Living. 

Isakson noted that developing a career track and providing opportunities for advancement from within Park Springs is vital not only to the employees but to the entire retirement community.

“Jim has strong communication skills and is able to provide creative and efficient solutions. His knowledge of the members, our staff and Park Springs’ overall operation is a great benefit to us all. We are proud to promote Jim,” Isakson said. 

Maxwell Group Hires Seasoned Marketing Professional

Charlotte, N.C.-based Maxwell Group recently announced that Jeff Keener will be joining the marketing team as copy writer and event coordinator.

Maxwell Group is the parent company of Senior Living Communities, owner and operator of nine retirement communities in the Southeast and Midwest; Live Long Well Care, a private duty care service provider for seniors; and Wellmore, a new line of health care and wellness retirement communities.

Keener will brainstorm, create and transform ideas into text for various collateral forms including advertisements, brochures, articles, publications and pamphlets. He will also provide scriptwriting assistance for video or radio content. In addition, Keener will oversee every aspect of community marketing events from conception to completion, including planning, budget management and booking.

“Jeff is a wonderful addition to our marketing team,” said Vice President of Creative Services Andrew Ketchum. “His background as a dynamic client relations consultative strategist and media professional will be valuable as Maxwell Group continues to build our many brands across many platforms. Jeff has already been extremely helpful in planning marketing events related to Wellmore of Tega Cay’s grand opening in June 2015.”

Keener has previously served as director of marketing for Heafner Financial Solutions and marketing and promotion manager for Time Warner Cable Media in Charlotte, N.C. 

Virginia Baptist Homes Names New COO

The Board of Trustees of Virginia Baptist Homes, Inc. (VBH) has named Mick L. Feauto as the new chief operating officer of Virginia Baptist Homes and related corporations, effective April 13, 2015.

Feauto has 34 years of senior living industry experience as a nursing home administrator, executive director, regional vice president of operations and senior regional vice president of operations.

During the last 10 years, he has served in regional roles with Life Care Services with oversight of 28 CCRCs. In addition, Feauto has a broad range of experience with CCRC insurance captives, tax-exempt financings, direct placement loans, greenfield and campus redevelopments, marketing systems and fundraising.

Virginia Baptist Homes, Inc. is a not-for-profit organization headquartered in Richmond, Va. It operates four CCRCs in Virginia.

New Executive Director Named at Bridges by EPOCH at Trumbull

EPOCH Senior Living has named Erik Hammerquist executive director of Bridges by EPOCH at Trumbull, a 72-apartment memory care and assisted living community opening in 2015 in Trumbull, Conn. Hammerquist will oversee every aspect of the community, including the quality of service, amenities, programs, life enrichment and care.

He has more than 10 years of executive-level senior living experience and most recently served as the senior vice president of operations for a multi-community memory care provider. Hammerquist holds New York State Administrator and New Jersey Certified Assisted Living Administrator licenses.

Silver Sun Living Announces New Appointment

Silver Sun Living has announced the appointment of Martin Roberts its in-house management team. Martin is a UK property, travel and lifestyle journalist.

“In my travels I see all varieties of property investment opportunities, however the world of developments geared toward the needs of active retirees, and those in need of more supportive residential care, seem to be growing faster than any other I’ve experienced,” he said. “As part of the team at Silver Sun Management, I’m working hard to find the best possible opportunities that are out there — and bring them to the attention of discerning end users and investors.”

Silver Sun Living is a provider of luxury retirement villages catered toward the needs of active retirees with a primary focus on health and well-being. 

Written by Emily Study

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