CHICAGO--(BUSINESS WIRE)--Mar. 13, 2014--
Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced
that Sheli Z. Rosenberg will retire from its Board of Directors and not
seek re-election when her current term expires on May 15, 2014.
Ms. Rosenberg has served on the Board of Directors of the Company since
2001. She has served on numerous Board Committees, most recently as
Chair of the Nominating and Corporate Governance Committee and as a
member of the Audit and Compliance Committee.
“Sheli has served as a distinguished member of our Board for the past 13
years and has been instrumental in guiding the Company through its
tremendous growth and diversification,” Ventas Chairman and Chief
Executive Officer Debra A. Cafaro said. “Our shareholders, Board members
and management have benefited greatly from Sheli’s judgment, experience
and commitment to Ventas, and we will greatly miss her. I have found her
advice and counsel invaluable. We thank her for her service to the
Company.”
“I am proud to have played a role at Ventas while it delivered over
2,000 percent total returns to shareholders and grew its market
capitalization from $400 million to $18 billion,” Rosenberg said.
“Ventas is a great company with outstanding leadership and Board of
Directors. I am confident in the Company’s future.”
Ventas, Inc., an S&P 500 company, is a leading real estate investment
trust. Its diverse portfolio of nearly 1,500 assets in 47 states
(including the District of Columbia) and two Canadian provinces 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.
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Source: Ventas, Inc.
Ventas, Inc.
Lori B. Wittman
(877) 4-VENTAS