People: Omega Healthcare Investors, Inc. (OHI)
OHI on New York Consolidated
17.67USD
9 Feb 2010
17.67USD
9 Feb 2010
Price Change (% chg)
$-0.02 (-0.11%)
$-0.02 (-0.11%)
Prev Close
$17.67
$17.67
Open
--
--
Day's High
$18.07
$18.07
Day's Low
$17.49
$17.49
Volume
1,661,491
1,661,491
Avg. Vol
1,444,228
1,444,228
52-wk High
$20.67
$20.67
52-wk Low
$11.15
$11.15
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Korman, Bernard | 77 | 2004 | Chairman of the Board |
| Pickett, C. Taylor | 47 | 2002 | Chief Executive Officer, Director |
| Stephenson, Robert | 45 | 2001 | Chief Financial Officer |
| Booth, Daniel | 45 | 2001 | Chief Operating Officer |
| Crabill, R. Lee | 55 | 2001 | Senior Vice President - Operations |
| Ritz, Michael | 40 | 2007 | Chief Accounting Officer |
| Franke, Thomas | 79 | 1992 | Director |
| Kloosterman, Harold | 67 | 1992 | Director |
| Lowenthal, Edward | 65 | 1995 | Director |
| Plavin, Stephen | 49 | 2000 | Director |
Biographies
| Name | Description |
|---|---|
| Korman, Bernard | Mr. Korman is Chairman of the Board of Omega Healthcare Investors Inc. since March 8, 2004. Mr. Korman has been Chairman of the Board of Trustees of Philadelphia Health Care Trust, a private healthcare foundation, since December 1995. Mr. Korman is also a director of The New America High Income Fund, Inc. (NYSE:HYB) (financial services), Medical Nutrition USA, Inc. (OTC:MDNU.OB) (develops and distributes nutritional products) and NutraMax Products, Inc. (OTC:NUTP) (consumer health care products). He was formerly President, Chief Executive Officer and Director of MEDIQ Incorporated (OTC:MDDQP) (health care services) from 1977 to 1995. Mr. Korman served as a trustee of Kramont Realty Trust (NYSE:KRT) (real estate investment trust) from June 2000 until its merger in April 2005. Mr. Korman also served as a director of The Pep Boys, Inc. (NYSE:PBY) and as The Pep Boys, Inc.’s Chairman of the Board from May 28, 2003 until his retirement from such board in September 2004. Mr. Korman was previously a director of Omega Worldwide, Inc. |
| Pickett, C. Taylor | Mr. Pickett is the Chief Executive Officer of Omega Healthcare Investors, Inc. and has served in this capacity since June 2001. Prior to joining the Company, Mr. Pickett served as the Executive Vice President and Chief Financial Officer from January 1998 to June 2001 of Integrated Health Services, Inc., a public company specializing in post-acute healthcare services. He also served as Executive Vice President of Mergers and Acquisitions from May 1997 to December 1997 of Integrated Health Services. Prior to his roles as Chief Financial Officer and Executive Vice President of Mergers and Acquisitions, Mr. Pickett served as the President of Symphony Health Services, Inc. from January 1996 to May 1997. |
| Stephenson, Robert | Mr. Robert O. Stephenson is the Chief Financial Officer of Omega Healthcare Investors, Inc. and has served in this capacity since August 2001. Prior to joining the company, Mr. Stephenson served from 1996 to July 2001 as the Senior Vice President and Treasurer of Integrated Health Services, Inc. Prior to Integrated Health Services, Mr. Stephenson held various positions at CSX Intermodal, Inc., Martin Marietta Corporation and Electronic Data Systems. |
| Booth, Daniel | Mr. Daniel J. Booth is the Chief Operating Officer of Omega Healthcare Investors, Inc. and has served in this capacity since October 2001. Prior to joining the company, Mr. Booth served as a member of Integrated Health Services’ management team since 1993, most recently serving as Senior Vice President, Finance. Prior to joining Integrated Health Services, Mr. Booth was Vice President in the Healthcare Lending Division of Maryland National Bank (now Bank of America). |
| Crabill, R. Lee | Mr. R. Lee Crabill Jr. is the Senior Vice President of Operations of Omega Healthcare Investors, Inc. and has served in this capacity since July 2001. Mr. Crabill served as a Senior Vice President of Operations at Mariner Post-Acute Network, Inc. from 1997 through 2000. Prior to that, he served as an Executive Vice President of Operations at Beverly Enterprises. |
| Ritz, Michael | Mr. Michael D. Ritz is the Chief Accounting Officer of Omega Healthcare Investors, Inc. and has served in this capacity since February 2007. Prior to joining the company, Mr. Ritz served as the Vice President, Accounting & Assistant Corporate Controller from April 2005 until February 2007 and the Director, Financial Reporting from August 2002 until April 2005 for Newell Rubbermaid Inc. Prior to his time with Newell Rubbermaid Inc., Mr. Ritz served as the Director of Accounting and Controller of Novavax Inc. from July 2001 through August 2002. |
| Franke, Thomas | Mr. Franke is a Director of Omega Healthcare Investors Inc. since March 31, 1992. Mr. Franke is Chairman and a principal owner of Cambridge Partners, Inc., an owner, developer and manager of multifamily housing in Grand Rapids, Michigan. He is also a principal owner of Laurel Healthcare (a private healthcare firm operating in the United States) and is a principal owner of Abacus Hotels LTD. (a private hotel firm in the United Kingdom). Mr. Franke was a founder and previously a director of Principal Healthcare Finance Limited and Omega Worldwide, Inc. |
| Kloosterman, Harold | Mr. Kloosterman is a Director of Omega Healthcare Investors Inc. since September 1, 1992. Mr. Kloosterman has served as President since 1985 of Cambridge Partners, Inc., a company he formed in 1985. He has been involved in the development and management of commercial, apartment and condominium projects in Grand Rapids and Ann Arbor, Michigan and in the Chicago area. Mr. Kloosterman was formerly a Managing Director of Omega Capital from 1986 to 1992. Mr. Kloosterman has been involved in the acquisition, development and management of commercial and multifamily properties since 1978. He has also been a senior officer of LaSalle Partners, Inc. (now Jones Lang LaSalle). |
| Lowenthal, Edward | Mr. Lowenthal is a Director of Omega Healthcare Investors Inc. since October 17, 1995. Mr. Lowenthal also serves as a director of REIS, Inc. (a provider of real estate market information and valuation technology) (NASDAQ:REIS), American Campus Communities (NYSE:ACC) (a public developer, owner and operator of student housing at the university level), Desarrolladora Homex (NYSE: HXM) (a Mexican homebuilder) and serves as a trustee of the Manhattan School of Music. From January 1997 to March 2002, Mr. Lowenthal served as President and Chief Executive Officer of Wellsford Real Properties, Inc. (AMEX:WRP) (a real estate merchant bank) and was President of the predecessor of Wellsford Real Properties, Inc. since 1986. |
| Plavin, Stephen | Mr. Plavin is a Director of Omega Healthcare Investors Inc. since July 17, 2000. Mr. Plavin has been Chief Operating Officer of Capital Trust, Inc., (NYSE:CT) a New York City-based mortgage real estate investment trust (“REIT”) and investment management company and has served in this capacity since 1998. In this role, Mr. Plavin is responsible for all of the lending, investing and portfolio management activities of Capital Trust, Inc. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Korman, Bernard | -- |
| Pickett, C. Taylor | 1,900,470 |
| Stephenson, Robert | 767,433 |
| Booth, Daniel | 993,351 |
| Crabill, R. Lee | 698,296 |
| Ritz, Michael | 373,899 |
| Franke, Thomas | -- |
| Kloosterman, Harold | -- |
| Lowenthal, Edward | -- |
| Plavin, Stephen | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Korman, Bernard | 0 | 0 |
| Pickett, C. Taylor | 455,400 | 4,193,275 |
| Stephenson, Robert | 160,548 | 1,550,503 |
| Booth, Daniel | 183,334 | 1,725,375 |
| Crabill, R. Lee | 101,668 | 986,118 |
| Ritz, Michael | 0 | 0 |
| Franke, Thomas | 0 | 0 |
| Kloosterman, Harold | 0 | 0 |
| Lowenthal, Edward | 0 | 0 |
| Plavin, Stephen | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| PLAVIN STEPHEN D | 2,100 | $20.00 |
| LOWENTHAL EDWARD | 2,100 | $20.00 |
| FRANKE THOMAS F | 2,100 | $20.00 |
| KORMAN BERNARD J | 3,500 | $20.00 |
| PICKETT C TAYLOR | 14,887 | $19.45 |
| STEPHENSON ROBERT O | 6,087 | $19.45 |
| RITZ MICHAEL D | 1,759 | $19.45 |
| BOOTH DANIEL JAMES | 8,770 | $19.45 |
| CRABILL RALPH LEE JR | 5,404 | $19.45 |
| KORMAN BERNARD J | 667 | $6.02 |
| KORMAN BERNARD J | 1,000 | $9.33 |
| KORMAN BERNARD J | 1,000 | $3.74 |
| KORMAN BERNARD J | 334 | $3.81 |
| KORMAN BERNARD J | 354 | $17.64 |
| FRANKE THOMAS F | 354 | $17.64 |
| PLAVIN STEPHEN D | 354 | $17.64 |
| LOWENTHAL EDWARD | 354 | $17.64 |
| LOWENTHAL EDWARD | 7,242 | $17.36 |
| FRANKE THOMAS F | 375 | $16.67 |
| PLAVIN STEPHEN D | 375 | $16.67 |
| LOWENTHAL EDWARD | 375 | $16.67 |
| KORMAN BERNARD J | 375 | $16.67 |
| LOWENTHAL EDWARD | 1,400 | $18.22 |
| RITZ MICHAEL D | 1,000 | $18.75 |
| PICKETT C TAYLOR | 30,000 | $18.65 |





