HCP Announces Appointment of New Chief Investment Officer – Senior Housing and Care
August 11 2015 - 9:00AM
Business Wire
HCP (NYSE:HCP) announced that J. Justin Hutchens will become
Executive Vice President and Chief Investment Officer – Senior
Housing and Care, effective September 8, 2015.
Mr. Hutchens joins HCP from National Health Investors, Inc.
(NYSE:NHI), where he was employed since 2009, and most recently
served as President and Chief Executive Officer since 2011. He has
over 20 years of investing and operating experience in senior care,
including multi-site management of assisted living and skilled
nursing facilities, as well as national experience with Summerville
Senior Living and Emeritus Senior Living.
“We welcome Justin to HCP and look forward to his leadership of
our senior housing and post-acute/hospital portfolios,” said
Lauralee Martin, HCP’s President and Chief Executive Officer.
“Justin is an accomplished executive with a proven track record in
REIT investments and senior care operations. We are excited to
bring Justin on board to complement our experienced team.”
About HCP
HCP, Inc. is a fully integrated real estate investment trust
(REIT) that invests primarily in real estate serving the healthcare
industry in the United States. The Company's portfolio of assets is
diversified among five distinct sectors: senior housing,
post-acute/skilled nursing, life science, medical office and
hospital. A publicly traded company since 1985, HCP: (i) was the
first healthcare REIT selected to the S&P 500 index; (ii) has
increased its dividend per share for 30 consecutive years; (iii) is
the only REIT included in the S&P 500 Dividend Aristocrats
index; and (iv) is a global leader in sustainability as a member of
the CDP, Dow Jones and FTSE4Good sustainability leadership indices,
as well as the GRESB Global Healthcare Sector Leader. For more
information regarding HCP, visit the Company's website at
www.hcpi.com.
Forward-Looking Statements
“Safe Harbor” Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained in this release which
are not historical facts are forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
These statements include, among other things, the Company’s
expectations regarding the appointment of Mr. Hutchens as a member
of senior management and his contributions to the Company’s senior
housing and post-acute/hospital portfolios. These statements are
made as of the date hereof, are not guarantees of future
performance and are subject to known and unknown risks,
uncertainties, assumptions and other factors—many of which are out
of the Company’s and its management’s control and difficult to
forecast—that could cause actual results to differ materially from
those set forth in or implied by such forward-looking statements.
These risks and uncertainties are described from time to time in
the Company’s Securities and Exchange Commission filings. The
Company assumes no, and hereby disclaims any, obligation to update
any of the foregoing or any other forward-looking statements as a
result of new information or new or future developments, except as
otherwise required by law.
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HCPTimothy M. SchoenExecutive Vice President and Chief Financial
Officer949-407-0400
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