Ventas Announces Promotions
CHICAGO -- May 3, 2013
Ventas, Inc. (NYSE:VTR) (“Ventas” or the “Company”) announced the following
*John D. Cobb was promoted to Executive Vice President and Chief Investment
Officer, from Senior Vice President. Cobb, who joined Ventas in 2010, is
responsible for the Company’s extensive acquisition and investment
activity, including seniors housing, medical office buildings and other
healthcare properties. Before joining Ventas, Cobb was President and Chief
Executive Officer of Senior Lifestyle Corp., and earlier in his career, he
held various positions with GE Healthcare Financial Services, a division
of GE Capital Corp, which is a subsidiary of General Electric Corp. Cobb
is on the Board of Directors of the National Investment Center for the
Seniors Housing and Care Industry (NIC) and is a member of the Executive
Board of the American Seniors Housing Association. He holds a BA in
Finance from Lehigh University.
*Lori B. Wittman was promoted to Senior Vice President, Capital Markets and
Investor Relations, from Vice President. As head of capital markets,
Wittman is responsible for managing the Company’s debt and equity raising
activities, investor relations and relationships with its capital
partners. Wittman joined Ventas in 2011. Previously, she was the CFO and
managing principal of Big Rock Partners, a real estate private equity
firm. Prior to that, she served as Senior Vice President and Treasurer for
General Growth Properties. She sits on the board of Hedge Funds Care where
she co-chairs the granting committee. She has a BA in Geography and
Sociology from Clark University, a Master of City Planning from University
of Pennsylvania and an MBA from the University of Chicago.
*Joy L. Butora was promoted to Vice President, Asset Management, from
Director. In her current position, she is responsible for financial
oversight and analysis of the Company’s seniors housing operating
portfolio and managing relationships with third-party management
companies. Butora joined Ventas in 2007 as an asset manager. Previously,
she was employed in various positions in the healthcare and senior living
industries. Butora holds an MBA in Finance from Saginaw Valley State
University and a Bachelor of Business Administration from the University
of Michigan – Flint.
*Will Germain was promoted to Investment Officer, Medical Office Buildings,
from Director. In his position, Germain is responsible for originating,
underwriting and executing medical property acquisitions and development
opportunities. Previously, he held various positions with Ventas. Before
joining Ventas in 2006, Germain worked at GE Capital Corp., a subsidiary
of General Electric Corp. He received a Bachelor of Finance from the
University of New Haven.
“I want to congratulate all of these individuals on their well-earned
promotions and wish them continued success in their careers at Ventas,”
Chairman and CEO Debra A. Cafaro said. “Through the commitment and skill of
our team, we continue to sustain excellence,” she added.
Ventas, Inc., an S&P 500 company, is a leading real estate investment trust.
Its diverse portfolio of more than 1,400 assets in 47 states (including the
District of Columbia) and two Canadian provinces consists of seniors housing
communities, skilled nursing facilities, hospitals, medical office buildings
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
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Lori B. Wittman, (877) 4-VENTAS
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