HCP Board Officially Elects New CEO, President After making the announcement in November, the HCP Inc. (NYSE: HCP) board of directors officially elected Tom Herzog as a board member and CEO, and Justin Hutchens as the company’s president. Both elections were effective Jan. 1. Herzog previously served as CFO since rejoining the company in June, and […]
Amid pressing business challenges and a changing resident demographic, the senior living industry is increasingly seeking out additional avenues to come out on top, with ancillary services playing an ever-larger role. These additional amenities and clinical services encompass everything from massage therapy and salons to dermatology and X-rays, administered on site at senior living communities […]
The United States may not have elected the nation’s first female president, but just as Hillary Rodham Clinton became the first woman ever to be nominated by a major party for the American presidency, the senior housing sector continues to make strides to shatter its own glass ceilings. Many companies are continuing to break down […]
Front Porch Elects 3 New Members to Board of Directors Front Porch, a Glendale, California-based not-for-profit senior services provider with 10 full-service retirement communities, elected three new members to its board of directors. Joining the board on Jan. 1 are Deborah A. Proctor, Oliver W. Wesson Jr. and Marion McGovern. Proctor recently retired as the […]
CA Ventures Announces 2 Promotions in Senior Living Division CA Ventures, a Chicago-based real estate investment holding company, announced the promotions of three senior executives: Ben Burke to president of CA Senior Living, the company’s senior housing entity; and Matt Booma to executive vice president in the same division. Burke joined CA Ventures in 2015, […]
From onsite pubs and Bloody Mary bars to home brewing beer, senior housing as of late has aimed to appeal to the happy hour lover in every resident. Nearly 70% of assisted living residents drink alcohol—and more than one-third drink daily, according to a University of Pittsburgh study published in Research on Aging in 2012. […]
LifeSpire of Virginia Welcomes Hospitality Ambassador LifeSpire of Virginia appointed Sally San Soucie to the newly created position of hospitality ambassador. In the new role, San Soucie is responsible for establishing hospitality standards across LifeSpire’s four continuing care retirement communities (CCRCs) in Virginia, developing a detailed curriculum in hospitality training for all LifeSpire employees and […]
Mainstreet Hires 3 New Team Members Mainstreet, a developer of post-acute health care properties, hired three new employees at its Carmel, Indiana-based headquarters. Susan Berry will be vice president of business development for Mainstreet Health. She most recently served as the director of operations with IPC Healthcare, and before that, she was the director of […]
Senior Housing News will be observing the Thanksgiving holiday Thursday, Nov. 24 and Friday, Nov. 25. We will return to our normal posting schedule Monday, Nov. 28. Genesis Healthcare Reveals Executive Departures, Appointments Genesis Healthcare, Inc. (NYSE: GEN) revealed the retirement of Robert A. “Mike” Reitz from his position of executive vice president and COO […]
Several universities are partaking in a $1 million initiative to track seniors’ activities of daily living, in the hopes of predicting when they might need to move to assisted living or bring in home health care. Indiana University (IU) is set to lead the charge to establish a system of smart homes aimed at advancing […]