News & Press Releases

New Board Members Announced for NIC

Press Room – 2008 NIC Press Releases

New Board Members Announced for NIC

FOR IMMEDIATE RELEASE: September 25, 2008
Contact: Renee Tilton, (410) 626-0805 or rtilton@crosbymarketing.com

Annapolis, Md. – The Board of Directors for the National Investment Center for the Seniors Housing & Care Industry (NIC) has elected five new members to serve on the board, as announced today by the nonprofit organization. In addition, a new chair was appointed to head the Operator Advisory Board. Board officers for the 2008-09 term were also announced.

The five new board members are: John Moore, CEO, Atria Senior Living Group; Brad Razook, president and managing director, Cohen & Steers Capital Advisors; Curt Schaller, senior managing director, GE Healthcare Financial Services; William Sheriff, co-CEO, Brookdale Senior Living; and David Watkins, senior vice president, Heitman. They will replace others who are retiring off the board. In addition, Doug Spear, senior vice president and chief financial officer, Merrrill Gardens, will join the board as the newly appointed chair of the Operator Advisory Board.

The board officers for the 2008-09 term will be headed by Kathryn A. Sweeney, managing director, US Senior Housing, The GPT Group, who is continuing as board chair, andKevin J. McMeen, president-real estate, MidCap Financial, LLC, who will retain his position as vice chair. In addition, George V. Hager, Jr., chairman and CEO, Genesis HealthCare Corp., will remain secretary and Randal J. Richardson, president, Classic Residence by Hyatt, will continue as treasurer.

“As we head into 2009, NIC will benefit from already having a solid board of directors in place with representatives from some of the nation’s top financiers and providers,” said Robert G. Kramer, president of NIC. “We rely on their collective insights, experience and dedication to help advance NIC’s mission and goals, especially during these uneasy economic times.”

About NIC

Founded in 1991, the National Investment Center for the Seniors Housing & Care Industry is a nonprofit organization providing information about business strategy and capital formation for the senior living industry. Proceeds from its annual conference – scheduled next for Sept. 23-25, 2009, in Chicago, Ill. – are used to fund research and data that lead to informed investment decision-making to advance the seniors housing and care industry. For more information about NIC, visit www.NIC.org or call (410) 267-0504.

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