CHICAGO--(BUSINESS WIRE)--Ventas, Inc. (NYSE:VTR) (“Ventas” or the “Company”) announced the following promotions:
- 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 and www.lillibridge.com.
