Ventas Announces Senior Vice President Promotions
August 27 2015 - 6:14PM
Business Wire
Promotions Follow Executive Realignments
Announced With Spin-Off of Care Capital Properties
Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today
announced senior vice president promotions in its asset management
business. These changes became effective on August 17, 2015 and
were made in connection with the executive management realignment
of roles and responsibilities that were previously announced as
part of Ventas’s spin-off of Care Capital Properties, Inc. (NYSE:
CCP).
Christian N. Cummings has been promoted to Senior Vice President
of Asset Management focusing on Ventas’s seniors housing operating
portfolio (SHOP) and enterprise wide dispositions, reporting to
Executive Vice President and Chief Financial Officer Bob Probst,
who has assumed responsibility for our SHOP business. Chris joined
Ventas in 2002 as an analyst and has held various roles of
increasing responsibility since then. Most recently he was Vice
President of Asset Management, a position he has held since 2007.
He earned his Master of Business Administration from the University
of Louisville, where he also earned a Bachelor of Arts in
history.
Nicholas W. Jacoby, has been promoted to Senior Vice President
of Asset Management focusing on Ventas’s triple net leased assets,
reporting to Executive Vice President, Chief Administrative Officer
and General Counsel T. Richard Riney, who has assumed
responsibility for the Company’s triple net lease business. Since
2012 Nick has been a Vice President of Asset Management. Nick
joined the Company in 2005 as a financial analyst and has held
various roles of increasing responsibility since then. Nick earned
both a Master of Business Administration and a Bachelor of Science
in business administration with a focus in accounting, from the
University of Louisville.
“We are very proud to announce these promotions. Both Nick and
Chris have been instrumental in Ventas’s long term success and
performance over many years,” Ventas Chairman and CEO Debra A.
Cafaro said. “They reflect the deep bench strength of our team of
tenured industry experts. We look forward to continuing to work
with Chris and Nick as we drive value for our shareholders and
customers.”
Ventas, Inc., an S&P 500 company, is a leading real estate
investment trust. Its diverse portfolio of nearly 1,300 assets in
the United States, Canada and the United Kingdom consists of
seniors housing communities, medical office buildings, skilled
nursing facilities, hospitals and other properties. Through its
Lillibridge subsidiary, Ventas provides management, leasing,
marketing, facility development and advisory services to highly
rated hospitals and health systems throughout the United States.
More information about Ventas and Lillibridge can be found at
www.ventasreit.com and www.lillibridge.com.
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Ventas, Inc.Robert F. Probst, Executive Vice President and Chief
Financial Officer(877) 4-VENTAS
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