Healthcare Realty Trust Announces Key Leadership Changes
September 16 2024 - 4:15PM
Healthcare Realty Trust today announced key leadership changes to
extend the Company’s operational momentum and increase focus on
execution, acceleration of growth, and accretive capital
allocation. Rob Hull will become Chief Operating Officer, Ryan
Crowley will be promoted to Executive Vice President and Chief
Investment Officer, and Julie Wilson will become Chief
Administrative Officer. In addition, Austen Helfrich will become
Interim Chief Financial Officer, succeeding Kris Douglas, who will
depart the Company. These changes will be effective October 1.
Healthcare Realty’s Board of Directors has formed a search
committee, led by Tom Bohjalian, to hire a permanent CFO and
engaged executive search firm Ferguson Partners to assist with the
process.
“I’m enthusiastic about the energy and new perspectives this
team brings to the execution of our operational and capital
allocation initiatives. These leadership changes increase our focus
on capturing the upside embedded in our portfolio and elevating
performance by accelerating the buildout of our growing data
analytics platform,” said Todd Meredith, President and CEO of
Healthcare Realty. “I appreciate the significant contributions Kris
Douglas has made to Healthcare Realty over nearly nine years as CFO
and during his 21-year career at the Company. We wish him all the
best in the future as he pursues other
opportunities.”
The Company also reaffirmed its guidance for the third quarter
and full year 2024, including normalized FFO per share and all
other forward-looking guidance provided with the Company’s second
quarter earnings release. The Company will provide additional
commentary on its expected 2024 earnings and business updates
during its third quarter earnings call.
Interim CFO Austen Helfrich has served as First Vice President,
Portfolio Strategy, responsible for the Company’s joint venture and
dispositions strategy. Since joining the Company in 2019, Mr.
Helfrich has led the formation and expansion of the Company’s joint
venture program, including partnerships with Nuveen, CBRE
Investment Management and KKR. Prior to joining Healthcare Realty,
he was with Point72 Asset Management, where he was responsible for
investing in the healthcare services sector. Previously, Mr.
Helfrich worked at Columbus Hill Capital Management and in
Citigroup’s investment banking division. He holds a Bachelor of
Arts in Politics, Philosophy and Economics from the University of
Pennsylvania.
As Chief Operating Officer, Rob Hull will be responsible for
overseeing the Company’s portfolio performance. Rob has led the
leasing team’s efforts to accelerate new leasing volume to more
than 400,000 square feet in each of the last four quarters and
drive more than 110 basis points of occupancy improvement over the
last three quarters. His responsibilities will expand to accelerate
portfolio performance through the coordinated leadership of
leasing, project management, asset management, and property
operations. Mr. Hull has served as Executive Vice President,
Investments since 2017, assuming responsibility for the Company’s
portfolio leasing in late 2021.
Ryan Crowley will serve as Executive Vice President and Chief
Investment Officer, responsible for acquisitions, dispositions, and
re/development. Mr. Crowley has also been instrumental in the
recent expansion of the Company’s disposition and joint venture
efforts and will oversee joint venture relationships. Mr. Crowley
has served as Senior Vice President, Investments since 2021. He has
led the Company’s acquisition efforts since 2018, completing over
$2.3 billion of acquisitions. Mr. Crowley has been with the Company
for more than 18 years and directly involved with investment
transactions valued at more than $5 billion.
In her role as Chief Administrative Officer, Julie Wilson will
add human resources to her current leadership of the Company’s
technology, marketing, and corporate responsibility teams. Ms.
Wilson will bring a strategic focus to the Company’s talent
management and development initiatives. She led the Company’s
successful merger integration efforts and has overseen the largest
portion of the Company’s over 550 employees as Executive Vice
President, Operations since 2021.
About Healthcare Realty
Healthcare Realty is a real estate investment trust (REIT) that
owns and operates medical outpatient buildings primarily located
around market-leading hospital campuses. The Company selectively
grows its portfolio through property acquisition and development.
As the first and largest REIT to specialize in medical outpatient
buildings, Healthcare Realty’s portfolio includes nearly 675
properties totaling approximately 40 million square feet
concentrated in 15 growth markets. Additional information regarding
the Company can be found at www.healthcarerealty.com.
Ron HubbardVice President, Investor RelationsP: 615.269.8290
In addition to the historical information contained within, the
matters discussed in this press release may contain forward-looking
statements that involve risks and uncertainties. These risks are
discussed in filings with the Securities and Exchange Commission by
Healthcare Realty, including its Annual Report on Form 10-K for the
year ended December 31, 2023 under the heading “Risk Factors,” and
in its Quarterly Reports filed thereafter and in the Company’s
other SEC filings. Forward-looking statements represent the
Company’s judgment as of the date of this release. The Company
disclaims any obligation to update forward-looking statements.
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