People: Emeritus Corp (ESC.N)
ESC.N on New York Stock Exchange
23.63USD
1 Aug 2013
23.63USD
1 Aug 2013
Price Change (% chg)
$0.44 (+1.90%)
$0.44 (+1.90%)
Prev Close
$23.19
$23.19
Open
$23.27
$23.27
Day's High
$23.68
$23.68
Day's Low
$23.25
$23.25
Volume
138,316
138,316
Avg. Vol
100,937
100,937
52-wk High
$30.95
$30.95
52-wk Low
$15.62
$15.62
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Daniel Baty |
69 | 2011 | Chairman of the Board |
L. Granger Cobb |
52 | 2011 | President, Chief Executive Officer, Director |
Robert Bateman |
50 | 2009 | Chief Financial Officer, Executive Vice President - Finance |
Christopher Hyatt |
39 | 2010 | Chief Operating Officer, Executive Vice President - Operations |
Mark Finkelstein |
54 | 2012 | Executive Vice President—Corporate Development, General Counsel and Corporate Secretary |
Jayne Sallerson |
50 | 2010 | Executive Vice President - Sales and Marketing |
Claro Budgie Amparo |
49 | 2010 | Executive Vice President - Quality Service and Risk Management |
Steven Tarr |
59 | 2013 | Executive Vice President - Information Technology |
Melanie Werdel |
42 | 2007 | Executive Vice President - Administration |
Jim Hanson |
58 | 2007 | Senior Vice President - Financial Services, Controller |
Martin Roffe |
65 | 2007 | Senior Vice President - Financial Planning |
John Cincotta |
50 | 2008 | Senior Vice President - Sales |
Christopher Belford |
51 | 2011 | Senior Vice President - Operations |
Susan Coppola |
51 | 2013 | Senior Vice President - Compliance |
Christopher Guay |
41 | 2012 | Senior Vice President - Operations and Ancillary Services |
Eric Mendelsohn |
51 | 2007 | Senior Vice President - Corporate Development |
Stuart Koenig |
60 | 2010 | Lead Independent Director |
Stanley Baty |
41 | 2004 | Director |
H. R. Brereton Barlow |
63 | 2011 | Independent Director |
Bruce Busby |
69 | 2004 | Independent Director |
James Ladd |
70 | 2010 | Independent Director |
Richard Macedonia |
69 | 2008 | Independent Director |
Robert Marks |
61 | 2005 | Independent Director |
Biographies
| Name | Description |
|---|---|
Daniel Baty |
Mr. Daniel R. Baty is Chairman of the Board of Emeritus Corporation. He is one of the founders of Emeritus and has served as a member of board of directors since inception in 1993 and as Chairman since April 1995. Mr. Baty also served as Chief Executive Officer from the founding of Emeritus until the completion of the Summerville acquisition in 2007, and as Co-Chief Executive Officer until January 2011. Mr. Baty remains an employee and executive officer of the Company. Mr. Baty served as the Chairman of the board of directors of Holiday Retirement Corporation from 1987 to 2007 and served as its Chief Executive Officer from 1991 through September 1997. Since 1984, Mr. Baty has also served as Chairman of the board of directors of Columbia Pacific Group, Inc. and, since 1986, as Chairman of the board of directors of Columbia Pacific Management, Inc. Both of these companies are wholly owned by Mr. Baty and engage in developing independent living facilities and providing consulting services for that market. |
L. Granger Cobb |
Mr. L. Granger Cobb is President, Chief Executive Officer, Director of Emeritus Corporation. He has served as President and Chief Executive Officer since January 2011 and as a member of board of directors since September 2007. Mr. Cobb previously served as President and Co-Chief Executive Officer since September 2007, when the company completed the acquisition of Summerville. He served as President, Chief Executive Officer and a director of Summerville from 2000 until the September 2007 Summerville acquisition. Mr. Cobb joined Summerville in 1998 with its acquisition of Cobbco, Inc., a California-based assisted living company founded by Mr. Cobb in 1989. Mr. Cobb is active in several industry associations and has served on the Boards of Directors of the Assisted Living Federation of America (“ALFA”), the National Investment Center for the Seniors Housing & Care Industry (“NIC”), and the political action committees for ALFA and the California Assisted Living Association (“CALA”). |
Robert Bateman |
Mr. Robert C. Bateman is Chief Financial Officer, Executive Vice President - Finance of Emeritus Corporation since December 21, 2009. Prior to joining Emeritus, and throughout most of 2009, Mr. Bateman was Chief Financial Officer and Corporate Secretary of EagleView Technologies, Inc., a provider of detailed measurements from aerial images. From 2007 to 2009, Mr. Bateman was Chief Financial Officer of VisionGate, Inc., a medical device company. From 2004 to 2006, Mr. Bateman served as Senior Vice President and Chief Financial Officer of Fisher Communications, Inc., a publicly-held communications and media company, and from 2003 as its Vice President—Finance. Mr. Bateman currently serves on the Operator Advisory Board for NIC and on ALFA’s CFO Executive Roundtable. Mr. Bateman has 26 years of experience in various financial and administrative capacities, including nine years at Ernst & Young LLP, and subsequently served as chief financial officer of five healthcare and technology companies, three of which were NASDAQ-listed publicly traded companies. Mr. Bateman is a certified public accountant and a certified management accountant. |
Christopher Hyatt |
Mr. Christopher James Hyatt is Chief Operating Officer, Executive Vice President - Operations of Emeritus Corporation since April 2010. Mr. Hyatt previously served as the Senior Vice President—Operations since July 2009. Mr. Hyatt joined Emeritus in 1998 and was a Regional and Divisional Director of Operations until he was promoted to Vice President—Operations for the Southeast Division in May 2007. Mr. Hyatt has an multi-site senior housing management background in operations, sales and marketing and quality services, including experience in the retirement living, assisted living, memory care and skilled nursing industry sectors. Prior to joining Emeritus, Mr. Hyatt worked in the acute care industry for seven years and has a total of 20 years of experience in the healthcare industry. Mr. Hyatt has also served on and assisted in grass roots campaigns/committees with several state and local affiliations over the last decade. |
Mark Finkelstein |
Mr. Mark A. Finkelstein is Executive Vice President—Corporate Development, General Counsel and Corporate Secretary of Emeritus Corp. He has served as the Executive Vice President—Corporate Development and General Counsel since December 2011, and also as Corporate Secretary since May 2012. Prior to joining Emeritus, Mr. Finkelstein served as a strategy advisor for private investment management firms in the United States and Europe and as the chief executive officer and a member of the board of directors of Novellus Capital Management, LLC, a specialized asset management firm. Prior to being appointed chief executive officer at Novellus, he served as that firm’s chief operating officer. From 1986 to 2006, he practiced law with the Seattle law firm of Graham & Dunn P.C., where he specialized in mergers and acquisitions, complex financing strategies, and other corporate transactions. |
Jayne Sallerson |
Ms. Jayne E. Sallerson is Executive Vice President - Sales and Marketing of Emeritus Corporation since April 1, 2010. Ms. Sallerson previously served as the Senior Vice President—Marketing since September 2008. Ms. Sallerson joined Emeritus as Vice President of Marketing in September 2007, upon completion of the Summerville acquisition. Prior to joining Emeritus, Ms. Sallerson served as Vice President of Sales and Marketing for Summerville from 2003 to 2007 after having served as a Regional Director of Sales and Marketing for Summerville from 2000 to 2003. Ms. Sallerson has 28 years of sales and marketing experience in the healthcare and senior living industries. Prior to working in the senior housing industry, Ms. Sallerson worked in the skilled nursing, durable medical equipment and rehabilitation industries in various sales and marketing roles. Ms. Sallerson is a member of the Sales and Marketing Executive Roundtable for ALFA and is a member of the organization's Operational Excellence Panel. |
Claro Budgie Amparo |
Mr. Claro Budgie Bautista Amparo is Executive Vice President - Quality Service and Risk Management of Emeritus Corporation since April 1, 2010. Mr. Amparo previously served as the Senior Vice President—Quality and Risk Management since joining Emeritus in September 2007, upon completion of the Summerville acquisition. Mr. Amparo served as Vice President of Quality and Risk Management for Summerville from 2002 until the company completed the Summerville acquisition. Mr. Amparo is a registered nurse with a master’s degree in nursing and has 25 years of combined healthcare experience in nursing education, acute care, skilled nursing, and assisted living. Prior to joining Summerville, Mr. Amparo worked for Kaiser Permanente where he opened Kaiser Permanente’s first subacute skilled nursing facility in northern California in 2002. Mr. Amparo also spent 10 years with Mariner Post-Acute Network in a variety of positions including overseeing quality assurance, clinical operations, and regulatory compliance for over 40 skilled nursing facilities in 11 states. Mr. Amparo is a member of the Clinical Executive Roundtable for ALFA. |
Steven Tarr |
Mr. Steven C. Tarr, Ph.D. is the Executive Vice President - Information Technology of Emeritus Corporation since April 2013. Since 2005, Mr. Tarr has been the principal and executive chief information officer of Steve Tarr Consulting, LLC, providing technology management consulting services to healthcare systems, technology firms, and universities; engagements included serving as the consulting chief information officer for the Santa Clara Valley Health and Hospital System in San Jose, California, and at the John C. Lincoln Health Network in Phoenix, Arizona. From 2007 to 2009, Mr. Tarr was the chief information officer for Northwest Hospital and Medical Center in Seattle, Washington and, from 2001 to 2005, was the chief technology officer for the University of Washington Medical Center. From 1984 to 2001, Mr. Tarr held management positions in a number of telecommunications companies. Mr. Tarr has over 28 years of experience in information technology management. In addition, Mr. Tarr was a faculty member at the University of Massachusetts from 2012 to 2013 and at Washington State University from 2009 to 2010. Mr. Tarr is currently a member of the Washington State University College of Business National Board of Advisors and the past chairman of the Washington State University Information Systems Advisory Board. |
Melanie Werdel |
Ms. Melanie C. Werdel is Executive Vice President - Administration of Emeritus Corporation since September 2007 upon completion of the Summerville acquisition. Ms. Werdel previously served as Senior Vice President, Administration for Summerville, overseeing corporate compliance, licensing standards and requirements and Summerville’s overall risk management and operational policies and procedures, from December 2001 until the company completed the Summerville acquisition. Prior to joining Summerville in 1998, Ms. Werdel served as the Vice President of Administration for Cobbco, Inc., a California-based assisted living and skilled nursing company founded by Mr. Cobb. Ms. Werdel has over 19 years of long-term care management experience and serves on the Executive Board of Directors for American Seniors Housing Association (ASHA). Ms. Werdel serves on the Government Relations Executive Roundtable for ALFA. |
Jim Hanson |
Mr. Jim L. Hanson is Senior Vice President - Financial Services and Controller of Emeritus Corporation since September 2007. Mr. Hanson joined Emeritus in April 2000 and served as the Director of Financial Services. Prior to joining Emeritus, Mr. Hanson held various accounting, financial, and administrative positions spanning a 21-year career with Pepsico, Inc. Mr. Hanson is currently responsible for the overall management of the accounting and I.T. departments at Emeritus headquarters in Seattle, Washington. Mr. Hanson has over 35 years of experience in the financial services field. |
Martin Roffe |
Mr. Martin D. Roffe is Senior Vice President - Financial Planning of Emeritus Corporation since September 2007. Mr. Roffe joined Emeritus as Director of Financial Planning in March 1998, and was promoted to Vice President of Financial Planning in October 1999. Mr. Roffe has 38 years of experience in the acute care, long-term care, and senior housing industries. Prior to joining Emeritus, from May 1987 until February 1996, Mr. Roffe served as Vice President of Financial Planning for The Hillhaven Corporation, where he also held the positions of Senior Application Analyst and Director of Financial Planning. |
John Cincotta |
Mr. John A. Cincotta is Senior Vice President - Sales of Emeritus Corporation since September 18, 2008. Mr. Cincotta joined Emeritus in 1997 as National Director of New Developments and became the National Sales and Marketing Training Director in 1999. Mr. Cincotta was promoted to National Director of Sales and Marketing in 2000 and to Senior Vice President—Sales and Marketing in September 2007. Mr. Cincotta has 22 years of experience in the healthcare industry, including five years in skilled nursing and 15 years in assisted living. Prior to joining Emeritus, Mr. Cincotta served as Divisional Sales and Marketing Director for Beverly Enterprises for the states of California and Washington and as the Regional Director of Sales and Marketing for The Hillhaven Corporation. Hillhaven operated nursing centers, pharmacies, and retirement housing communities. Mr. Cincotta serves on the Sales and Marketing Executive Roundtable for ALFA. |
Christopher Belford |
Mr. Christopher M. Belford is Senior Vice President - Operations of Emeritus Corp., since January 2011. Mr. Belford previously served as the Vice President of Operations—South Central Division since September 2007. Mr. Belford joined Emeritus in January 2001 as Regional Director of Operations for California and was promoted to Divisional Director of Operations for the Southwest Division in May 2001. Mr. Belford was then promoted to Vice President of Operations—Central Division in October 2003. Prior to joining Emeritus, Mr. Belford served as Vice President of Operations for Regent Assisted Living, Inc. from 1996 to 2000. Mr. Belford has over 23 years of experience in the senior housing industry with experience in the operations of nursing, assisted, and independent living facilities. Mr. Belford is active with industry associations, including ALFA. |
Susan Coppola |
Ms. Susan Coppola is the Senior Vice President - Compliance of Emeritus Corporation since March 2013. Prior to joining Emeritus, Ms. Coppola was with Sun Healthcare Group, Inc., serving most recently as Senior Vice President of Compliance and Audit and chief compliance officer and previously as Senior Vice President of Clinical Operations and chief clinical officer. From 2006 to 2013, Ms. Coppola was a principal of Landmark Health Solutions, a healthcare management and consulting firm specializing in the post-acute healthcare industry. From 2002 to 2007, Ms. Coppola was Senior Vice President of Clinical Operations for Harborside Healthcare, a skilled nursing and rehabilitation services provider in Boston, Massachusetts. From 2000 to 2002, Ms. Coppola was a manager in the healthcare consulting practice of PriceWaterhouseCoopers. Ms. Coppola has over 25 years of experience in the healthcare industry, in both clinical and management roles. |
Christopher Guay |
Mr. Christopher R. Guay is Senior Vice President - Operations and Ancillary Services of Emeritus Corp., since May 2012. Previously, Mr. Guay served as the Senior Vice President—Ancillary Services since November 2010 and Northeast Division Vice President—Operations since May 2007. Mr. Guay joined Emeritus in 1998 and has multi-site senior housing management experience in retirement living, assisted living, memory care, and skilled nursing communities. Prior to Emeritus, Mr. Guay worked in the rehabilitation therapy industry and has over 17 years of experience in the healthcare industry. Mr. Guay is active with industry associations, serving on several boards and committees of ALFA, the Massachusetts Assisted Living Facilities Association and the Florida Assisted Living Association over the last decade. |
Eric Mendelsohn |
Mr. Eric Mendelsohn is Senior Vice President - Corporate Development of Emeritus Corporation since September 2007. Mr. Mendelsohn joined Emeritus as Director of Real Estate and Legal Affairs in February of 2006. Mr. Mendelsohn is currently responsible for the acquisition, development, and financing of new and existing Emeritus buildings. Mr. Mendelsohn has over 24 years of experience in real estate and related financing and is a member of the bar in both Washington State and Florida. Prior to joining Emeritus he served as a Transaction Officer for the University of Washington where he managed the acquisition, leasing, and financing of healthcare properties for the School of Medicine as well as other property needs for University of Washington clients. |
Stuart Koenig |
Mr. Stuart F. Koenig is Lead Independent Director of Emeritus Corporation effective September 17, 2010. He has served as a member of Board of Directors since September 2007, when company completed the Summerville acquisition. Mr. Koenig has been associated with Apollo Real Estate Advisors since 1995 and is a partner and its Chief Financial Officer. Prior to 1995, Mr. Koenig was a Vice President in the Real Estate Principal Investment Area of Goldman, Sachs & Co. where he served as Controller and Director of Investor Relations for the Whitehall real estate investment funds. |
Stanley Baty |
Mr. Stanley L. Baty is Director of Emeritus Corporation since September 21, 2004. Since November 1996, Mr. Stan Baty has served as the Vice President of Columbia Pacific Management, Inc., where he is responsible for real estate related investment decisions. From 1994 to 1996, Mr. Baty was a financial analyst for Nomura Securities Corporation. |
H. R. Brereton Barlow |
Mr. H. R. Brereton Barlow is Independent Director of Emeritus Corp., since March 7, 2011. Mr. Barlow has served as the Chief Executive Officer of Premera Blue Cross since 2000. Mr. Barlow joined Premera in 1997 as its Chief Financial Officer and was promoted to serve as Chief Operating Officer. Previously, he served as Chief Financial Officer of Health Net, a subsidiary of Health Systems International, a health maintenance organization, and AHI Healthcare Systems Inc., a primary and specialty care provider network. Prior to his employment with Health Net and AHI Healthcare Systems Inc., Mr. Barlow was a partner with Deloitte & Touche, LLP and he is a certified public accountant. Mr. Barlow currently serves on several boards of directors, including Blue Cross Blue Shield Association, National Institute for Health Care Management, Premera Blue Cross, and Washington Healthcare Forum. He also serves on the advisory board of the University of Washington’s Foster School of Business. |
Bruce Busby |
Mr. Bruce L. Busby is Independent Director of Emeritus Corporation since April 2004. Mr. Busby has 26 years of experience in the health care industry and served as Chairman and Chief Executive Officer of The Hillhaven Corporation (“Hillhaven”) from 1993 until its merger with Vencor, Inc. in 1995. Hillhaven was a publicly-held operator of skilled nursing facilities and other health care related businesses based in Tacoma, Washington. Mr. Busby, who was a certified public accountant for over thirty years, has been retired since 1995. |
James Ladd |
Mr. James R. Ladd is Independent Director of Emeritus Corporation since September 17, 2010. Mr. Ladd is a retired partner in Deloitte & Touche, LLP, in which he served as managing partner of the Seattle and Tokyo offices. Subsequently he has served in other executive, finance and operations management positions. Mr. Ladd most recently has served as Senior Vice President for Finance & Operations for the Institute for Systems Biology since October 2009, was a partner in the consulting firm of Tatum, LLC, from March 2004 to February 2012, and Executive Vice President, Finance and Operations, for City University of Seattle from March 2004 to June 2007. He is a member and immediate past Chairman of the board of trustees of Seattle Children’s Hospital and also serves as lead director on the board of directors of Sparling, Inc. Mr. Ladd is a certified public accountant, was a member of the board of directors of the Washington Society of CPAs from June 2007 to May 2012 and chairman of that board from 2010 to 2011, and was a member of the Governing Council of the American Institute of CPAs from October 2009 to October 2012. |
Richard Macedonia |
Mr. Richard W. Macedonia is Independent Director of Emeritus Corporation since November 13, 2008. Since September 2007, Mr. Macedonia has served as Chief Executive Officer Emeritus of Sodexo, Inc., a provider of integrated food and facilities management services. From January 2004 to September 2007, Mr. Macedonia served as Chief Executive Officer and Chief Operating Officer of Sodexo, Inc. Mr. Macedonia began his career with Sodexho Alliance SA in 1968 as a unit manager in the Campus Services Division. Mr. Macedonia held various positions at Sodexo and its affiliates from June 2003 to 2007, including Group Chief Operating Officer of Sodexo Alliance SA, Executive Vice President, President and Chief Executive Officer of Sodexo North America and President of Sodexho’s Health Care Services Division. Mr. Macedonia has served in various executive management positions with predecessor companies SAGA Corporation and Marriott International, Inc. and was appointed as a Division Vice President with Sodexo in 1998. |
Robert Marks |
Mr. Robert E. Marks is Independent Director of Emeritus Corporation since July 20, 2005. Since 1994, Mr. Marks has been the President of Marks Ventures, LLC, a private equity investment firm. Mr. Marks is a director and Chairman of the Audit and Finance Committee of Denny’s Corporation, as well as a member of the board of directors of Trans World Entertainment Corporation (NASDAQ: TWMC), a member of the Board of Trustees of the Greenwich, Connecticut Public Library, a member of the Board of Trustees of the Greenwich Field Club, a member of the Board of Trustees of The International Rescue Committee and a member of Stanford University’s Alumni Committee on Trustee Nominations. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Daniel Baty |
3,878,790 |
L. Granger Cobb |
4,281,220 |
Robert Bateman |
1,720,130 |
Christopher Hyatt |
2,090,430 |
Mark Finkelstein |
1,558,050 |
Jayne Sallerson |
762,014 |
Claro Budgie Amparo |
669,472 |
Steven Tarr |
-- |
Melanie Werdel |
1,398,780 |
Jim Hanson |
-- |
Martin Roffe |
-- |
John Cincotta |
-- |
Christopher Belford |
435,678 |
Susan Coppola |
-- |
Christopher Guay |
-- |
Eric Mendelsohn |
-- |
Stuart Koenig |
-- |
Stanley Baty |
-- |
H. R. Brereton Barlow |
-- |
Bruce Busby |
-- |
James Ladd |
-- |
Richard Macedonia |
-- |
Robert Marks |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Daniel Baty |
89,999 | 1,140,449 |
L. Granger Cobb |
0 | 0 |
Robert Bateman |
0 | 0 |
Christopher Hyatt |
20,256 | 130,822 |
Mark Finkelstein |
0 | 0 |
Jayne Sallerson |
0 | 0 |
Claro Budgie Amparo |
0 | 0 |
Steven Tarr |
0 | 0 |
Melanie Werdel |
15,000 | 223,650 |
Jim Hanson |
0 | 0 |
Martin Roffe |
0 | 0 |
John Cincotta |
0 | 0 |
Christopher Belford |
3,500 | 69,330 |
Susan Coppola |
0 | 0 |
Christopher Guay |
0 | 0 |
Eric Mendelsohn |
0 | 0 |
Stuart Koenig |
0 | 0 |
Stanley Baty |
0 | 0 |
H. R. Brereton Barlow |
0 | 0 |
Bruce Busby |
0 | 0 |
James Ladd |
0 | 0 |
Richard Macedonia |
0 | 0 |
Robert Marks |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
BATY STANLEY L |
7,500 | $16.01 |
BUSBY BRUCE L |
7,500 | $6.30 |
KOENIG STUART F |
3,541 | $0.00 |
BUSBY BRUCE L |
2,500 | $6.57 |
MARKS ROBERT E |
3,541 | $0.00 |
MACEDONIA RICHARD W |
3,541 | $0.00 |
BARLOW H R BRERETON |
3,541 | $0.00 |
BUSBY BRUCE L |
3,541 | $0.00 |
BUSBY BRUCE L |
7,500 | $13.00 |
BATY STANLEY L |
3,541 | $0.00 |
LADD JAMES R |
3,541 | $0.00 |
CINCOTTA JOHN ANTHONY |
200 | $26.73 |
SALLERSON JAYNE E |
5,510 | $8.03 |
SALLERSON JAYNE E |
13,560 | $26.77 |
MENDELSOHN D ERIC |
2,500 | $16.00 |
SALLERSON JAYNE E |
12,190 | $26.83 |
CINCOTTA JOHN ANTHONY |
18,750 | $26.85 |
WERDEL MELANIE COBB |
5,000 | $27.21 |
MENDELSOHN D ERIC |
11,561 | $26.90 |
MENDELSOHN D ERIC |
1,011 | $18.03 |
HYATT JAMES CHRISTOPHER ALEXANDER |
6,343 | $11.65 |
HANSON JIM L |
15,000 | $8.03 |
AMPARO CLARO BUDGIE BAUTISTA |
8,750 | $27.03 |
ROFFE MARTIN D |
2,500 | $16.00 |
HANSON JIM L |
11,250 | $16.45 |

