IRVINE, Calif., Jan. 23, 2017 /PRNewswire/ -- HCP
(NYSE:HCP) today announced that Peter
Scott will join the company as Executive Vice President and
CFO, effective February 13,
2017. Mr. Scott succeeds Tom
Herzog who was appointed Chief Executive Officer in
January 2017.
"On behalf of our Board, Executive Chairman Mike McKee and the rest of the management team,
I am excited to welcome Pete to HCP," said Tom Herzog, the CEO of HCP. "We know Pete well.
We have worked closely with him and have consistently been
impressed with his work ethic, insights and analytical skills.
His deep health care real estate, capital markets and
transaction experience are highly complementary to the executive
team we have assembled."
"I am greatly looking forward to joining HCP," said Mr. Scott.
"Having worked extensively with Mike, Tom and the rest of the
leadership team, I saw firsthand the exceptional quality of HCP's
professionals. I believe the company is well positioned to
create value for all its stakeholders. I am excited to
leverage my experience to help the company achieve its near and
long-term goals."
Mr. Scott joins HCP following a 15-year career in real estate
investment banking. He currently serves as a Managing
Director in the Real Estate Banking group at Barclays, where he has
spent the majority of his career. Mr. Scott also has held
investment banking positions with Credit Suisse and Lehman
Brothers. He graduated with a Bachelor of Science from the
Wharton School at the University of Pennsylvania. He has
provided advisory and capital markets expertise to clients across
the real estate industry, with a focus on the health care REIT
sector, including HCP. Most recently he advised HCP on the
spin-off of its skilled nursing assets to Quality Care
Properties.
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.
Contact
Andrew Johns
Vice President – Finance and Investor Relations
(949) 407-0400
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SOURCE HCP, Inc.