Welltower Executive Announces Retirement From Current Position
Erin C. Ibele, the executive vice president, head of human capital and corporate secretary for health care real estate investment trust (REIT) Welltower Inc. (NYSE: HCN), announced she will retire from her current position with the company on June 30.
Welltower entered into an agreement regarding the terms of her retirement, according to an SEC filing. Ibele will remain an employee of the company and provide services as the president of the Welltower Foundation on and after July 1 at a monthly rate of $11,667.
Ibele will remain a full-time employee at Welltower through June 30. She will receive the benefits outlined in her employment agreement, which was previously filed with the SEC in March 2009. Additionally, her service-based stock awards will become fully vested and she will receive a pro-rated payout of her awards under the 2015-2017 Long-Term Incentive Program and 2016-2018 Long-Term Inventive Program, each based on her performance through June 30. If she continues to work for Welltower through Dec. 31, 2017, and otherwise fulfills her commitment to the Welltower Foundation, she will receive the remaining portion of the long-term incentive award based on the performance of the company at the end of each period.
Finally, Ibele is obligated to comply with various restrictive clauses, including a non-compete, non-solicit, non-disparagement and protection of the company’s confidential information.
American Healthcare investors Names Executive Vice President and CFO
American Healthcare Investors (AHI), a commercial real estate investment firm that specializes in the acquisition and management of health care-related properties, named Brian Peay as executive vice president and CFO. The boards of directors of Griffin-American HealthCare REIT III, Inc. and Griffin-American Healthcare REIT IV, Inc., which are co-sponsored and managed by American Healthcare Investors, have also appointed Peay to serve as their CFO.
Peay previously worked for Veritas Investments, Inc., a private real estate investment management company with more than $2 billion worth of assets under management, where he served as CFO. During his time with Veritas, Peay was the principal financial executive with oversight of fund accounting, investor relations and sourcing and structuring of debt, as well as financial planning, corporate budgeting, tax structuring and management of all accounting functions for the firm.
Prior to that, Peay served in a series of management positions with Glenborough Realty Trust, Inc., a formerly New York Stock Exchange (NYSE)-listed REIT, ending as executive vice president and CFO. He began his professional career with real estate public accounting firm Kenneth Leventhal & Company, which merged with Ernst & Young in 1995.
“Brian Peay is an important addition to our executive team, bringing with him more than 28 years of experience as a financial professional, including extensive experience in commercial real estate investment,” Danny Prosy, an AHI founding principal and President and COO of the two Griffin-American Healthcare REITs, said in a statement. “The addition of an executive of Brian’s caliber and experience is a meaningful benefit to our company as we continue to grow and expand our platform. We couldn’t be more pleased to have him join our management team.”
CERTUS Senior Living Appoints New President of Operations
CERTUS Senior Living, LLC hired Samantha Hollister as president of operations for CERTUS Senior Management, the wholly owned subsidiary of the privately held developer and operator responsible for providing residents and their families with constant and professional care.
Hollister has spent 19 years in the senior living industry, in roles ranging from executive director to vice president of operations. Her career has focused on assisted living and memory care operations management. Most recently, she served as director of corporate administration for CERTUS Management, LLC, where she developed and implemented risk management training and created standardized policies for a portfolio of residential assisted living communities in Florida, Texas and Oklahoma.
“Samantha was our first choice to lead CERTUS Senior Management,” CEO Glen Pawlowski said in a statement. “Her industry knowledge and leadership abilities are remarkable, but it’s her talent connecting with the residents and their families that truly sets her apart.”
CERTUS Senior Living is currently moving forward with development of memory care communities throughout Florida. The company master leases the communities it develops.
The New Jewish Home Adds First-Ever Chief Experience Officer
The New Jewish Home, a nonprofit geriatric health and rehabilitation system, named Tammy L. Marshall as its first-ever chief experience officer. She was previously the organization’s director of green house organization.
In her new role, Marshall is responsible for leading the organization’s efforts to create the best possible experience for the 3,500 staff members and 12,000 residents and clients cared for each year at its three campuses, as well as those cared for through its Care at Home operation. This means she will primarily be tasked with ensuring the central tenet of The Green House Project—that individuals’ wishes rather than institutional convenience are at the center of every care decision—makes it to every aspect of the organization.
Before joining The New Jewish Home in 2013 as director of green house education, Marshall was chief nursing officer at Susquehanna Nursing and Rehabilitation Center in Johnston City, New York. She also spent nine years at Loretto, a long-term care system in Upstate New York.
“There is no one better qualified to become our first chief experience officer than Tammy Marshall,” President and CEO Audrey Weiner said in a statement. “She brings to the job not only the technical skills and the experience required, but also an unparalleled commitment to the humanity that underlies the Green House model and patient-directed care.”
First Colonial Inn Welcomes New Executive Director
First Colonial Inn, a Kisco Senior Living community located in Virginia Beach, Virginia, welcomed Jennifer Melnyk as executive director.
Melnyk began working with seniors 11 years ago. She’s been responsible for successfully turning around occupancy numbers and improving resident satisfaction for various senior living companies.
“Kisco Senior Living is excited to have hired Jennifer, and we are all impressed with how quickly she has embraced the culture of the community,” Kevin Suite, operations team leader at Kisco, said in a statement. “In the short time that she has been with us, I have enjoyed working with Jennifer and know that First Colonial Inn is in great hands and will continue to provide wonderful service to the residents there, as well as those in the greater Virginia Beach community.”
Kisco Senior Living is based in Carlsbad, California and owners and operates 22 senior living communities in seven states. Kisco communities offer independent living, along with assisted living and memory care in some locations.
Written by Kourtney Liepelt