Ventas Appoints New Presiding Director
The board of directors of Ventas, Inc. (NYSE: VTR) appointed James D. (“Denny”) Shelton to serve as the real estate investment trust’s (REIT) independent presiding director.
“An independent and strong lead director is a key component of our commitment to effective corporate governance,” Ventas Chairman and CEO Debra A. Cafaro said in a statement. “Denny Shelton has gained the respect and confidence of our full board since he joined us in 2008, and he will bring his leadership skills and success in the health care arena, honed in his highly successful roles as chairman of Omnicare and Triad Hospitals, to Ventas.”
As presiding director, Shelton will chair executive sessions of the board and act as a liaison between independent members and Ventas management. He is currently chair of the board’s nominating and corporate governance committee and executive committee, and he is also a director of Envision (NYSE: EVHC), a health care services company. Previously, he served as non-executive chairman of the board of Omnicare, Inc. until it was acquired by CVS Health Corporation in August 2015; as CEO and chairman of the board of Triad Hospitals, Inc., an owner and manager of hospitals and ambulatory services, until it was acquired by Community Health Systems in July 2007; and as a member on the boards of the Federation of American Hospitals and the American Hospitals Association.
Shelton replaces Douglas Crocker II, who served as independent presiding director for 13 years and has retired from the board in conjunction with Ventas’ retirement policy.
“Doug Crocker served as Ventas’ independent lead director for 13 years and as a director since the company’s inception in 1998,” Cafaro said. “Under his stewardship, Ventas has achieved and sustained excellence, and our shareholders, board and management team have benefited from Doug’s extraordinary commitment, judgment, integrity and experience.”
Ventas also announced the reappointment of Cafaro to serve as the company’s chairman of the board.
RED Capital Group Managing Director Elected as President of Ohio Housing Council
RED Capital Group announced the election of Tracy Peters, senior managing director of affordable housing for RED, as the 2016-17 president of the Ohio Housing Council.
Peters has been vice president on the board for two years, and also served as chairman of the Ohio Housing Council program committee for four years. He brings several years of experience in affordable housing to the his new role, including work as the mortgage banker and bond underwriter on different types of affordable housing transactions.
The Ohio Housing Council seeks to help professionals involved in all aspects of the affordable housing industry increase their participation in public policy debates and direct propose regulatory requirements that could affect the affordable housing industry in Ohio.
“As a long-term member of the Ohio Housing Council, I have seen first-hand the educational and advocacy work of the Council and the benefits of being a member and serving on the board,” Peters said in a statement. “I am very excited to lead the group as president and work with the executive team, board and members to continue to find was for the Council to be most effective for the affordable housing community.”
Integral Senior Living’s CEO Appointed to Argentum Board
Carlsbad, California-based senior living management company Integral Senior Living (ISL) reported that CEO/COO Collette Valentine was named to the board of Argentum. Her three-year term began in May.
Valentine has been CEO/COO of ISL since 2014, and she joined the company in 2010 as vice president of operations and marketing. In 2012, she was promoted to COO. Before her time at ISL, she was regional vice president of operations at Atria Senior Living, and she held a variety of other positions throughout her eight-year tenure there.
“Argentum is pleased to have board members of such a high caliber as Integral Senior Living CEO/COO Collette Valentine,” Argentum President and CEO James Balda said in a statement. “We welcome her expertise and insight as a leader in Argentum’s efforts to increase innovation throughout the senior living industry.”
Seabrook Names Director of General Services
Seabrook, one of 18 continuing care retirement communities (CCRCs) managed by Erickson Living, named Robert Jones as director of general services.
Jones will oversee all aspects of the general services department at Seabrook and direct daily activities. He brings more than 25 year of management experience specific to project administration, energy management, housekeeping, maintenance, grounds and security to his new role. Most recently, he was district manager for Aramark in higher education in the east region.
“We are excited to welcome Bob to our leadership team at Seabrook,” Executive Director Todd DeLaney said in a statement. “His strong experience and passionate leadership will be essential as we continue to enhance the lifestyle and experience that Seabrook provides our community, staff and residents.”
Seabrook’s 98-acre campus is located in Tinton Falls, New Jersey and house more than 1,400 residents.
Fox Hills Welcomes New Dining Room Manager
Fox Hill retirement community in Bethesda, Maryland welcomed Jagath Chandradasa as its dining room manager.
Chandradasa is responsible for overseeing day-to-day dining operations and managing culinary functions in all of Fox Hill’s five dining venues. He is a native of Sri Lanka, and has been working at the community since it opened in 2008. He brings an in-depth knowledge of South Indianan, Bombay style cuisine and Chinese and Indonesian cooking.
“Jagath has worked on the culinary team at Fox Hill from the beginning and is well acquainted with many of the owner/residents and understands their appreciation of variety and a rich dining experience,” Julie Sabag, Fox Hill’s director of marketing, said in a statement.
Fox Hill is a gated residence for those aged 60 or older and offers independent living condominium ownership, as well as access to assisted living and memory care. In celebration of Chandradasa’s appointment, Fox Hill will host a “Bombay Meets Colombo Indian and Sri Lankan Buffet” for its monthly international night.
New Jewish Home Announces Several Executive Appointments
The New Jewish Home, a nonprofit geriatric health and rehabilitation system, announced several appointments at the executive level and its Westchester campus, the Sarah Neuman Center in Mamaroneck, New York. The appointments include Jacob Victory as COO; Elliot Hagler as CFO; Gabrielle Genauer as vice president of general counsel; and Sandra Mundy has administrator of Sarah Neuman.
Victory will be responsible for the oversight of three major areas of operation that together serve 10,000 New York elders: the community services division that includes a certified home health agency and a telemedicine unit; two nursing homes in Manhattan and Westchester; and four Bronx residences for low-income elders. He comes to The New Jewish Home from Health Republic of New York, where he was senior vice president of strategy.
Hagler will be responsible for finance, information technology and materials management. Before joining Jewish Home, he spent more than 10 years at Lighthouse Guild International, most recently as executive vice president and CFO.
Genauer will be tasked with all legal affairs, including compliance. She previously worked for the Wall Street law firm of Hughes Hubbard & Reed, LLP, where she spent nearly 10 years counseling clients on litigation strategy, risk management and compliance.
Mundy will run the Sarah Neuman Center as administrator, overseeing the 300-bed facility that encompasses short-term rehabilitation, long-term nursing and a day center. She previously spent two years as associate administrator of the Bronx campus.
Additionally, Olivia Babol-Ibe has been named director of nursing at Sarah Neuman and Christina Giarratano joins Sarah Neuman as director of social work.
The Cardinal at North Hills Hires Executive Director
The Cardinal at North Hills, Kisco Senior Living’s newest community in Raleigh, North Carolina, hired Tom Ford as executive director.
Previously, Ford managed Kisco’s two largest Raleigh-area communities over the past 14 years. He currently works at Magnolia Glen, and prior to that, he was executive director at Woodland Terrace in Cary. He has spent the last 25 years working in senior living and health care.
“An important part of our culture is tor provide growth and career advancement for key leaders like Tom,” Kisco President and CEO Andy Kohlberg said in a statement. “He has earned the respect of our residents and his fellow associates over 14 years of successful leadership, and I am confident that he will continue to provide this caliber of service and quality in his new role at The Cardinal.”
Kisco owns and operates 22 senior living communities in seven states. The Cardinal is a continuing care senior living campus.
Written by Kourtney Liepelt