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United States

Welltower Inc (HCN)

HCN on New York Consolidated

71.31USD
25 Sep 2017
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Summary

Name Age Since Current Position

Jeffrey Donahue

70 2014 Independent Chairman of the Board

Thomas DeRosa

59 2014 Chief Executive Officer, Director

Scott Estes

46 2013 Chief Financial Officer, Executive Vice President

Mercedes Kerr

48 2017 Executive Vice President - Business & Relationship Management

Matthew McQueen

44 2016 Senior Vice President, General Counsel, Corporate Secretary

Shankh Mitra

36 2016 Senior Vice President - Finance & Investments

Gary Whitelaw

2017 Director

Kenneth Bacon

62 2016 Independent Director

Fred Klipsch

75 2009 Independent Director

Geoffrey Meyers

72 2015 Independent Director

Timothy Naughton

56 2013 Independent Director

Sharon Oster

68 1994 Independent Director

Judith Pelham

71 2012 Independent Director

Sergio Rivera

54 2015 Independent Director

R. Scott Trumbull

68 1999 Independent Director

Biographies

Name Description

Jeffrey Donahue

Mr. Jeffrey H. Donahue is an Independent Chairman of the Board of the Company. Mr. Donahue has served as Chairman since April 2014. Mr. Donahue is former President and Chief Executive Officer of Enterprise Community Investment, Inc. (provider of affordable housing), a position he held from 2003 to 2009. Mr. Donahue was Executive Vice President and Chief Financial Officer of The Rouse Company (real estate development and operations) from 1998 to 2002. Mr. Donahue serves as a director of the National Development Company (commercial development and property company) and as Chairman of Xenia Hotels & Resorts, Inc. (public real estate investment trust). Mr. Donahue has also previously served on the boards of NewTower Trust Company (non-depository trust company specializing in real estate investment) until 2016, Bentall Kennedy (institutional real estate investment advisor) until 2015, four T. Rowe Price mutual funds and the T. Rowe Price Savings Bank, plus numerous charitable boards. Mr. Donahue has extensive knowledge of the real estate industry from his experience as President and Chief Executive Officer of Enterprise Community Investment, Inc. and Executive Vice President and Chief Financial Officer of The Rouse Company.

Thomas DeRosa

Mr. Thomas J. DeRosa is Chief Executive Officer, Director of the Company. Mr. DeRosa has served as Chief Executive Officer since April 2014. Mr. DeRosa is former Vice Chairman and Chief Financial Officer of The Rouse Company (real estate development and operations), a position he held from September 2002 until November 2004 when The Rouse Company merged with General Growth Properties, Inc. From 1992 to September 2002, Mr. DeRosa held various positions at Deutsche Bank (Deutsche Bank AG) and Alex. Brown & Sons, including Global Co-Head of the Health Care Investment Banking Group of Deutsche Bank and Managing Director in the Real Estate Investment Banking Group of Alex. Brown & Sons. Mr. DeRosa also serves as a director of Value Retail PLC (U.K.-based owner, operator and developer of luxury shopping villages in Europe) and Empire State Realty Trust, Inc. (owner, manager and operator of office and retail properties) and as a member of the board of advisors of Benchmark Senior Living (leading provider of senior living services in the Northeast). Mr. DeRosa served as a director of Dover Corporation (global provider of equipment, specialty systems and services for various industrial and commercial markets) until 2010, Georgetown University (where he also served on the Audit Committee) until 2014, and CBL & Associates Properties, Inc. (owner and developer of shopping centers) until 2015, and as a member of the Health Advisory Board of the Johns Hopkins Bloomberg School of Public Health until 2009. Mr. DeRosa has extensive knowledge of the real estate industry and capital markets from his experience as Vice Chairman and Chief Financial Officer of The Rouse Company and his leadership roles at Deutsche Bank and Alex. Brown & Sons. His day-to-day leadership of the Company as Chief Executive Officer provides him with intimate knowledge of the Company’s business and operations.

Scott Estes

Mr. Scott A. Estes is Chief Financial Officer, Executive Vice President of the Company. Mr. Estes served as Senior Vice President and Chief Financial Officer of the Company from March 2006 to January 2009 and as Vice President of Finance of the Company from April 2003 to March 2006. From January 2000 to April 2003, Mr. Estes served as a Senior Equity Research Analyst and Vice President with Deutsche Bank Securities.

Mercedes Kerr

Ms. Mercedes T. Kerr is Executive Vice President - Business & Relationship Management of the Company. Ms. Kerr served as Executive Vice President – Business Development of the Company from July 2016 to January 2017, as Senior Vice President - Business Development of the Company from July 2015 to July 2016, as Senior Vice President - Marketing of the Company from September 2010 to July 2015 and as Vice President - Marketing of the Company from April 2008 to September 2010. Ms. Kerr served as a real estate consultant for Monument Realty Investors, Inc. from 2006 to 2008. Ms. Kerr served in various capacities with HCP, Inc. from 1997 to 2006, including as Vice President-Acquisitions and Dispositions.

Matthew McQueen

Mr. Matthew McQueen is Senior Vice President, General Counsel, Corporate Secretary of the Company. Mr. McQueen served as Senior Vice President - Legal of the Company from March 2015 to July 2016. From 2007 to 2015, Mr. McQueen served as of counsel and a partner in the Corporate and Securities group at the law firm of Sidley Austin LLP. Mr. McQueen served as an associate and a partner at the law firm of Ball Eggleston PC from 2002 to 2007.

Shankh Mitra

Mr. Shankh Mitra is Senior Vice President - Finance & Investments of the Company. From July 2013 to December 2015, Mr. Mitra served as Portfolio Manager, Real Estate Securities at Millennium Management. Mr. Mitra served as Senior Analyst at Citadel Investment Group from April 2012 to June 2013 and Fidelity Investments from June 2009 to March 2012. Mr. Mitra attended Columbia Business School from July 2007 to May 2009, where he received his MBA, and served as a manager at PricewaterhouseCoopers from June 2002 to July 2007.

Gary Whitelaw

Mr. Gary Whitelaw serves as Director of the company. Mr. Whitelaw currently serves as Chief Executive Officer and Director of the Bentall Kennedy Group of Companies (Bentall Kennedy) where he is responsible for the performance and governance of all operating and investment groups. During his 19-year tenure at Bentall Kennedy, Mr. Whitelaw has driven significant growth through strategic acquisitions and has positioned Bentall Kennedy as one of North America’s leading commercial real estate advisers. Mr. Whitelaw previously served as a director of Delta Hotels and Resorts Ltd. and SilverBirch Hotels and Resorts Ltd. He is a past chair of the Board of Real Property Association of Canada (REALPAC) and past director of the National Association of Real Estate Investment Managers. Mr. Whitelaw has a master’s degree in business from the Harvard Business School. He earned degrees in science and architecture from McGill University.

Kenneth Bacon

Mr. Kenneth J. Bacon is an Independent Director of the Company. Mr. Bacon is Co-founder and Managing Partner of RailField Realty Partners (financial advisory and asset management firm). Prior to forming RailField, Mr. Bacon spent 19 years at Fannie Mae, most recently as the Executive Vice President and Head of the Multifamily Business from July 2005 to March 2012. He has also served in senior positions at Morgan Stanley and the Resolution Trust Corporation. Mr. Bacon also serves as a director of Comcast Corporation (global media and technology company), Ally Financial Inc. (financial service company), and Forest City Realty Trust, Inc. (commercial and residential real estate company). Mr. Bacon’s extensive experience in the financial services industry, government affairs, the housing industry and real estate investment make him a valuable asset to the Board.

Fred Klipsch

Mr. Fred S. Klipsch is an Independent Director of the Company. Mr. Klipsch is Founder and Chairman of Hoosiers for Quality Education (organization that seeks systemic education improvement and economic growth in Indiana), a position he has held since 2007. Mr. Klipsch also serves as a director of The Friedman Foundation for Educational Choice (non-profit organization that educates families on school choice) and the Philanthropy Roundtable (network of charitable donors). From 2011 to 2014, Mr. Klipsch was Chairman of Klipsch Group, Inc. (global speaker manufacturer) and from 1989 until 2011, he was Chairman, Chief Executive Officer and majority owner of Klipsch Group, Inc. From 1982 until 1989, Mr. Klipsch was Executive Vice President, Chief Operating Officer and Chief Development Officer of Forum Group Inc. (owner, operator and developer of hospitals, retirement centers and nursing homes). From 1989 until 1996, Mr. Klipsch was Chairman and majority owner of National Guest Homes (developer and operator of assisted living centers in the southern part of the United States). In addition, Mr. Klipsch was Chairman and majority owner of Hospital Affiliates Development Corporation (“HADC”) (medical properties development company) from 1989 until 2002, at which time it became part of Windrose Medical Properties Trust (self-administered and self-managed real estate investment trust focused on owning and developing acute care medical properties throughout the United States). Mr. Klipsch served as Chairman and Chief Executive Officer of Windrose Medical Properties Trust from its formation and initial public offering in 2002 until December 2006, when Windrose Medical Properties Trust merged with the Company. Mr. Klipsch served as Vice Chairman of the Company from December 2006 until May 2009. In addition to his significant global operational and leadership experiences with Klipsch Group, Inc.

Geoffrey Meyers

Mr. Geoffrey G. Meyers is an Independent Director of the Company. Mr. Meyers is the retired Chief Financial Officer, Executive Vice President and Treasurer of HCR ManorCare, Inc. (provider of short-term, post-acute services and long-term care), a position he held from 1991 to 2006. Prior to his work at HCR ManorCare, Inc., Mr. Meyers served as Chief Financial Officer of the Health Care Division of Owens-Illinois, Inc. (glass manufacturer and former holding company of HCR ManorCare, Inc.). Currently, Mr. Meyers serves as a director of HCA (hospital and freestanding surgery center operator in the United States and England) and is Chairman of its Audit Committee. He is also Chairman of PharMerica (institutional pharmacy primarily for long-term care and assisted living facilities) and a director of Trust Company of Toledo (NW Ohio trust bank). Mr. Meyers has extensive experience in the post-acute and acute-care industries, which provides valuable insight to the Company, and the knowledge he gained during his tenure as Chief Financial Officer of HCR ManorCare, Inc. expands the Board’s expertise in the areas of risk management, reimbursement, strategic planning, development and acquisitions.

Timothy Naughton

Mr. Timothy J. Naughton is an Independent Director of the Company. Mr. Naughton is Chairman and Chief Executive Officer of AvalonBay Communities, Inc. (real estate investment trust focused on developing, redeveloping, acquiring and managing high-quality apartment communities). Mr. Naughton has served as a director of AvalonBay Communities, Inc. since 2005, as its Chairman since May 2013, as its Chief Executive Officer since January 2012, as its President since February 2005 and in a variety of other capacities with AvalonBay Communities, Inc. or its predecessors since 1989. Mr. Naughton serves as a director of Park Hotels & Resorts Inc. (lodging real estate company) and Chairman of the National Association of Real Estate Investment Trusts, and is a member of The Real Estate Roundtable, a member and past chairman of the Multifamily Council of the Urban Land Institute and a member of the Real Estate Forum. As the current Chief Executive Officer of a leading, publicly-traded real estate investment trust, Mr. Naughton brings strategic insight gleaned from being the leader of one of the most progressive, well-managed companies in a comparable industry. Mr. Naughton has 30 years of experience in the real estate investment trust and commercial real estate sectors.

Sharon Oster

Ms. Sharon M. Oster is an Independent Director of the Company. Ms. Oster is Frederic D. Wolfe Professor of Management and Entrepreneurship, Professor of Economics, at Yale University School of Management. From 2008 to 2011, she served as the Dean of the Yale University School of Management. Ms. Oster also served as a director of Bentall Kennedy (institutional real estate investment advisor) until 2015. Ms. Oster served as a director of The Aristotle Corporation (holding company for a manufacturer and distributor of educational, health and agricultural products) and Transpro, Inc. (designer and manufacturer of precision transportation products) until 2005. Ms. Oster’s expertise in competitive strategy, economic theory and management, and her leadership role at the Yale University School of Management and directorships with a variety of public companies give her a unique perspective.

Judith Pelham

Ms. Judith C. Pelham is an Independent Director of the Company. Ms. Pelham is the President Emeritus of Trinity Health (national health care system). From May 2000 to December 2004, Ms. Pelham served as the President and Chief Executive Officer of Trinity Health. Ms. Pelham served as the President and Chief Executive Officer of Mercy Health Services (health care system) from 1993 to 2000, the President and Chief Executive Officer of the Daughters of Charity Health Services, Austin, TX (network of hospitals, home care and ambulatory services) from 1982 to 1992, and the Assistant Vice President of Brigham and Women’s Hospital from 1976 to 1980. Ms. Pelham also serves as a director of Amgen Inc. (biotechnology company). Ms. Pelham has extensive knowledge and leadership experience in the health care industry from her service as the President and Chief Executive Officer of Trinity Health, Mercy Health Services and the Daughters of Charity Health Services, Austin, TX.

Sergio Rivera

Mr. Sergio D. Rivera is an Independent Director of the Company. Mr. Rivera is the Chief Executive Officer and President of the Vacation Ownership segment of ILG, Inc. (leading provider of professionally delivered vacation experiences in vacation ownership). Mr. Rivera is the former President of The Americas for Starwood Hotels & Resorts Worldwide, Inc. (hotel and leisure company), a position he held from 2012 to 2016, and Chief Executive Officer and President of Starwood Vacation Ownership, Inc., formerly a wholly owned subsidiary of Starwood Hotels & Resorts Worldwide, Inc., a position he held from 2007 to 2016. Mr. Rivera had served in a variety of capacities with Starwood Hotels & Resorts Worldwide, Inc. since 1998. Mr. Rivera serves as a director of ILG, Inc., a director and trustee of the American Resort Development Association and trustee of the Florida Chapter of The Nature Conservancy. Additionally, he serves as a member of the University of Central Florida Rosen College of Hospitality Management Advisory Board, the Florida International University Chaplin School of Hospitality & Tourism Management Dean’s Advisory Council, the Urban Land Institute and the CEO Roundtable of the U.S. Travel Association. Mr. Rivera’s extensive experience in real estate development and investment strategy, corporate finance and accounting, and operating matters relevant to management of complex global businesses with one of the leading hotel and leisure companies in the world provides valuable insight to the Board.

R. Scott Trumbull

Mr. R. Scott Trumbull is an Independent Director of the Company. Mr. Trumbull is the retired Chairman of the Board of Franklin Electric Co., Inc. (manufacturer of water and fuel pumping systems), a position he held from 2003 to 2015. From 2003 to 2014, Mr. Trumbull was also Chief Executive Officer of Franklin Electric Co., Inc. From 2001 through 2002, Mr. Trumbull was Executive Vice President and Chief Financial Officer of Owens-Illinois, Inc. (manufacturer of glass containers). From 1993 to 2001, Mr. Trumbull served as Executive Vice President, International Operations & Corporate Development of Owens-Illinois, Inc. Mr. Trumbull also serves as a director of Schneider National, Inc. (privately-held leader in freight delivery and logistics), Artisan Partners Funds, Inc. (registered mutual fund) and Columbus McKinnon Corporation (designer, manufacturer and marketer of material handling systems and services) and is a member of the Board of Trustees of ProMedica (leading healthcare system with facilities located throughout Northwest Ohio and Southeast Michigan). Mr. Trumbull’s leadership experience as Chairman and Chief Executive Officer of Franklin Electric Co., Inc. and in various capacities at Owens-Illinois, Inc. provides the Board with a global perspective.

Basic Compensation

Name Fiscal Year Total

Jeffrey Donahue

351,511

Thomas DeRosa

13,734,400

Scott Estes

4,412,200

Mercedes Kerr

3,890,640

Matthew McQueen

--

Shankh Mitra

--

Gary Whitelaw

--

Kenneth Bacon

186,402

Fred Klipsch

210,261

Geoffrey Meyers

201,511

Timothy Naughton

205,011

Sharon Oster

233,511

Judith Pelham

204,511

Sergio Rivera

200,011

R. Scott Trumbull

234,511
As Of  30 Dec 2016