Ventas Announces Retirement of Board Member Sheli Rosenberg
CHICAGO -- March 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
“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
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
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Lori B. Wittman
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