IRVINE, Calif., Aug. 30, 2017 /PRNewswire/ -- HCP, Inc.
(NYSE: HCP) today announced a new organizational structure and
several updates to its executive leadership team. These
changes support HCP's continued execution of its strategic plan and
initiatives to further maximize growth and innovation across its
three core sectors of senior housing, life science and medical
office.
Tom Klaritch, who currently
serves as Senior Managing Director – Medical Office, has been
promoted to Chief Operating Officer (COO), effective immediately,
and will report to Tom Herzog, HCP's
President and CEO. Mr. Klaritch will oversee HCP's
streamlined office platform with the life science and medical
office businesses reporting to him, and will work closely with the
respective teams to continue to advance the competitive performance
and growth of this platform. He is an 18-year Company veteran
with 34 years of operational and financial management experience in
the medical office and hospital sectors. Mr. Klaritch has
also overseen certain asset management, planning and budgeting
responsibilities in our life science portfolio since 2007.
Prior to joining HCP, he was a founding member of MedCap Properties
LLC, a company that owned, operated and developed healthcare real
estate.
HCP also announced that Doug
Pasquale will serve the Company as a Senior Advisor to the
executive team and will also work closely with the senior housing
team led by Senior Managing Director, Kendall Young. Mr. Pasquale previously was
Chairman and CEO of Nationwide Health Properties, Inc., and also
served as President and CEO of Atria Senior Living Group and its
predecessor company, ARV Assisted Living, Inc. In 2012, Mr.
Pasquale was inducted into the Stifel Nicolaus Senior Housing &
Healthcare Real Estate Hall of Fame.
Additionally, Jon Bergschneider,
HCP's Senior Managing Director – Life Science, has resigned.
Mr. Bergschneider has informed the Company that he will be joining
BioMed Realty Trust as their Chief Development Officer.
Mr. Herzog stated, "We want to take this opportunity to
congratulate Tom Klaritch on his
promotion to COO. The ability to promote such a talented and
experienced executive from within the Company to lead the strategic
direction of our office platform demonstrates the depth of our
organization."
"In addition, we are very pleased to welcome Doug Pasquale as a Senior Advisor to our
executive team," continued Mr. Herzog. "Doug brings a
tremendous amount of experience as a highly accomplished healthcare
real estate and senior housing professional."
"We would also like to thank Jon for his significant
contributions during his time at HCP, and we wish him the best in
his new role," said Mr. Herzog.
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.
HCP owns a large-scale portfolio diversified across multiple
sectors, led by senior housing, life science and medical office.
Recognized as a global leader in sustainability, HCP has been
a publicly-traded company since 1985 and was the first healthcare
REIT selected to the S&P 500 index. For more information
regarding HCP, visit www.hcpi.com.
Forward-Looking Statements
Statements in this release that are not historical factual
statements 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, statements relating to the
appointment of Tom Klaritch as COO
and Doug Pasquale as Senior Advisor,
as well as the resignation of Jon
Bergschneider. All forward-looking 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 our and our
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 include but are not limited to the aforementioned
statements, as well as risks described from time to time in our
filings with the U.S. Securities and Exchange Commission. You
should not place undue reliance on any forward-looking
statements. We assume no, and hereby disclaim any, obligation
to update any forward-looking statements as a result of new
information or new or future developments, except as otherwise
required by law.
Contact
Andrew
Johns
Vice President – Finance and Investor Relations
(949) 407-0400
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SOURCE HCP, Inc.