Edition:
United States

LTC Properties Inc (LTC.N)

LTC.N on New York Stock Exchange

46.71USD
21 Nov 2017
Change (% chg)

$0.31 (+0.67%)
Prev Close
$46.40
Open
$46.42
Day's High
$46.78
Day's Low
$46.34
Volume
156,353
Avg. Vol
64,915
52-wk High
$52.85
52-wk Low
$43.91

Summary

Name Age Since Current Position

Wendy Simpson

68 2013 Chairman of the Board, President, Chief Executive Officer

Pamela Shelley-Kessler

51 2010 Chief Financial Officer, Executive Vice President, Corporate Secretary

Clint Malin

45 2012 Executive Vice President, Chief Investment Officer

Boyd Hendrickson

72 2005 Lead Independent Director

James Pieczynski

54 2014 Independent Director

Devra Shapiro

70 2009 Independent Director

Timothy Triche

72 2000 Independent Director

Biographies

Name Description

Wendy Simpson

Ms. Wendy L. Simpson is Chairman of the Board, President, Chief Executive Officer of LTC Properties, Inc. She also served as Chief Financial Officer from July 2000 through March 2007, Treasurer from January 2005 through March 2007, and President and Chief Operating Officer from October 2005 through March 2007. She also was Vice Chairman of the Board from April 2000 through October 2005. Having served as a senior executive officer of LTC for more than a decade, including currently as Chairman, Chief Executive Officer and President, Ms. Simpson brings a deep understanding of our company’s historical and current business and financial operations. Additionally, our Corporate Governance Guidelines contemplate that our Chief Executive Officer shall be nominated to serve on the Board of Directors. These factors, and Ms. Simpson’s prior service as director of LTC, led the Board to conclude that she should be nominated to serve another term as director.

Pamela Shelley-Kessler

Ms. Pamela J Shelley-Kessler is the Chief Financial Officer, Executive Vice President, Corporate Secretary of LTC Properties Inc. She joined our company as Vice President and Controller in July 2000. In March 2007 she was appointed Senior Vice President and Chief Financial Officer. In December 2010 she was promoted to Executive Vice President. Prior to joining our company Ms. Shelley-Kessler was the Corporate Controller for a privately held commercial and multifamily real estate developer and the Director of Financial Reporting for a Southern California apartment REIT. Formerly she was with Ernst &Young LLP.

Clint Malin

Mr. Clint B. Malin is Executive Vice President, Chief Investment Officer of LTC Properties Inc. He joined our company as Vice President and Chief Investment Officer in May 2004. In December 2010 he was promoted to Senior Vice President. In June 2012 he was promoted to Executive Vice President. Mr. Malin was employed by Sun Healthcare Group, Inc., (“Sun”) a nationwide operator of long-term health care facilities from 1997 through 2004. During his tenure at Sun, Mr. Malin was promoted to Vice President of Corporate Real Estate.

Boyd Hendrickson

Mr. Boyd W. Hendrickson is Lead Independent Director of LTC Properties Inc. He served as the Chief Executive Officer of Skilled Healthcare Group, Inc. (“SHG”) from April 2002 through November 2013. From November 2013 through December 2014, Mr. Hendrickson served as a consultant to SHG. Mr. Hendrickson also served as a Member of the Board of Directors of SHG from August 2003 through November 2013, including as Chairman of the Board of Directors of SHG from December 2005 through November 2013. SHG was a publicly-traded company with subsidiaries that own and operate skilled nursing and assisted living facilities. In February 2015, SHG was acquired by Genesis HealthCare, Inc. Prior to joining SHG, Mr. Hendrickson was the President and Chief Executive Officer of Evergreen Healthcare, LLC, an operator of long-term health care facilities, from January 2000 through April 2002. Additionally since 2005, Mr. Hendrickson has served as a managing member of Executive Search Solutions, LLC, a provider of recruiting services to the health care services industry. Mr. Hendrickson is a member of the Board of Directors of Earthling Interactive, a private software development company, and is a former member of senior management and the Boards of Directors of Beverly Enterprises, Inc. and Hallmark Health Services.

James Pieczynski

Mr. James J. Pieczynski is Independent Director of LTC Properties Inc. He is currently the President of the CapitalSource division of Pacific Western Bank and is a member of the board of directors of Pacific Western Bank and PacWest Bancorp. Prior to that he was a member of the Board of Directors of CapitalSource, Inc. (“CSE”) from January 2010 until April 2014 when CSE was acquired by PacWest Bancorp. Mr. Pieczynski served as Chief Executive Officer from January 2012 until the acquisition in April 2014. CSE was a publicly-held bank providing commercial loans to small and middle-market businesses nationwide and depository products and services in southern and central California. Mr. Pieczynski previously served as CSE’s Co-Chief Executive Officer from January 2010 through December 2011, CSE’s President—Healthcare Real Estate Business from November 2008 until January 2010, and CSE’s Co-President—Healthcare and Specialty Finance from January 2006 until November 2008. Additionally, Mr. Pieczynski served as an executive officer of our company from 1994 to 2001, and as a member of the Board of Directors of LTC from 1997 to 2001.

Devra Shapiro

Ms. Devra G. Shapiro, CPA, is Independent Director of LTC Properties, Inc. She served as Chief Financial Officer of IPC Healthcare, Inc. (”IPC”) from the time she joined IPC in March 1998 through October 2011. From 2011 to her retirement in 2014, she served as IPC's Chief Administrative Officer. IPC, was a publicly–traded national physician group practice company focused on the delivery of acute and post-acute hospitalist medicine services which was acquired by Team Health in 2015. Prior to joining IPC, Ms. Shapiro held chief financial officer and other executive financial positions with several health care companies and was in the health care practice of an international accounting firm for 11 years. Formerly, Ms. Shapiro was with Arthur Andersen & Company. Ms. Shapiro’s prior service as an independent director of LTC, her sixteen years prior experience as a senior executive of a public health care company, her many years of experience in financial and executive positions with health care companies and in public accounting, and her expertise in accounting, financial reporting and controls led the Board to conclude that she should be nominated to serve a another term as director.

Timothy Triche

Dr. Timothy J. Triche, M.D., is Independent Director of LTC Properties. He has been the Director of the Center for Personalized Medicine at Children’s Hospital Los Angeles since July 2010 and previously served as the Chairman of the Department of Pathology and Laboratory Medicine at Children’s Hospital Los Angeles since 1988. He has also been a Professor of Pathology and Pediatrics at the University of Southern California Keck School of Medicine in Los Angeles, California since 1988. He also serves on the Board of Directors of Novelix Pharmaceuticals, Inc., a private biotechnology company, NanoValent Pharmaceuticals, Inc., a private nanotechnology company, GenomeDx, a private biotechnology company, Lifecode, Inc. (f/k/a Silicon Valley Biosystems), a private biotechnology company, and Sanguine BioSciences, a private biomedical research company. Dr. Triche’s prior service as an independent director of LTC, current and past executive and director experience with other health care companies, and his overall background in the health care industry led the Board to conclude he should be nominated to serve another term as director.

Basic Compensation

Name Fiscal Year Total

Wendy Simpson

2,973,840

Pamela Shelley-Kessler

1,400,710

Clint Malin

1,399,590

Boyd Hendrickson

230,823

James Pieczynski

228,580

Devra Shapiro

220,823

Timothy Triche

220,823
As Of  30 Dec 2016

Options Compensation