TMCnet News

Ventas Announces Senior Vice President Promotions
[August 27, 2015]

Ventas Announces Senior Vice President Promotions


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 busines. 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.


Click here to subscribe to Mobile Alerts for Ventas, Inc.


[ Back To TMCnet.com's Homepage ]