With deep real estate investing experience, corporate governance expertise, and proven track records as public company leaders and board members, they will bring valuable perspectives and skillsets that complement those of our current Trustees. (business & personal). In addition to a strong brand and deep customer loyalty, Public Storage has a demonstrated commitment to empowering its employees and creating a diverse and inclusive workplace. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Coronavirus Tips Working and Protection. Eight of the companies are still active while the remaining sixteen are now listed as inactive. He currently serves on the board of trustees of ProMedica Health System as well as ProMedica Senior Care (formerly HCR ManorCare). Mitra received an MBA fromColumbia Business Schoolspecializing in applied value investing and a bachelors degree in engineering from Jadavpur University. Mr. Mitra is the Chief Executive Officer and Chief Investment Officer of Welltower Inc., and serves on the Companys Board of Directors. Prior to joining Welltower, Mr. Mitra served as Portfolio Manager, Real Estate Securities at Millennium Management, where he managed an accomplished team of investment professionals responsible for bottom-up underwriting of commercial real estate companies and portfolios, security selection, quantitative portfolio, and risk management. Shankh Mitra Biography Mr. Mitra joined Welltower in 2016 and has served as the Company's Chief Investment Officer since 2018, adding the roles of Vice Chair and Chief Operating Offer in April 2020. Executive Vice President - Chief Financial Officer. Storage Blog, Commercial Real Revere is an invite-only digital network for commercial real estate professionals looking to buy or sell a building, finance a project, and expand their network. Search over 700 As of 26 April 2022 he still owns at least 7,208 units of Welltower stock. Welltower is in a very strong position today and has a bright future., DeRosa commented, I am proud of our many accomplishments during my time as CEO and thankful to the board and the entire Welltower team for allowing me to pursue my vision. As a veteran of the REIT space, I recognize the strength of Public Storages business and financial foundation, as well as the talent of the management team and Board. Argentum is the leading national trade association serving companies that own, operate, and support professionally managed senior living communities in the United States. Welltower Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Those expenses were related to higher labor costs and spending on personal protective equipment and other supplies. Mr. Mitra is primarily responsible for capital allocation decisions at Welltower, and brings over a decade of experience in investments, finance and real estate to the Company. View Bio. When typing in this field, a list of search results will appear and be automatically updated as you type. On behalf of the entire Board of Directors, I want to sincerely thank Tom for his lasting contributions to the Company. Get updates on the latest news impacting senior living through our Argentum Daily newsletter. Mr. Bacon has served as RailField's managing partner since his retirement from the Federal National Mortgage Association ("Fannie Mae") in March 2012. Additionally, a 500 Internal Server Error Previously, he was a member of the Board of Directors of Bentall Kennedy L.P. until its acquisition by Sun Life Financial ofCanadain 2015 and Forest City Realty Trust, Inc. until its acquisition byBrookfieldin 2018. The Board is pleased to appoint Shankh as CEO, continued Donahue. Copyright Wolf Marketing & Media LLC 2002-2023 Healthcare Real Estate Insights. Mr. Bacon has served as RailFields managing partner since his retirement from the Federal National Mortgage Association (Fannie Mae) inMarch 2012. We have the utmost confidence in Shankh's strategic vision and leadership and believe he is the right person to guide Welltower as it continues to successfully navigate the current environment and pursue the exciting next phase of growth for the Company. Mr. Shankh Mitra is an Independent Trustee at Public Storage, a Director, Chief Executive & Investment Officer at Welltower, Inc. and a . Find contact details for 700 million professionals. While COVID-19 has presented us with many challenges, the past six months have underscored Welltowers core value proposition: to serve as a strategic, nimble and creative capital allocator by leveraging our operator relationships and data platform. your request. We are encouraged by the relative stabilization of our operating performance and incredibly excited about the opportunity to deploy capital in attractive investment opportunities. Shankh Mitra, David Neithercut, and Paul Williams Bring Significant Financial, Real Estate Investing, and Corporate Governance Expertise and Leadership Experience Public Storage (NYSE:PSA) announced today the appointment of three new members to its Board of Trustees, effective January 1, 2021, including: Shankh Mitra, Chief Executive Officer, Chief Investment Officer and director of Welltower . The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve peoples wellness and overall health care experience. TOLEDO, Ohio, Oct. 5, 2020 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced that Shankh Mitra has been appointed Chief Executive Office. Chief Executive Officer & Chief Investment Officer. Shankha is a resident of 13637 Sheila Lynn Crt, Dade City, FL 33525-4514. TOLEDO, Ohio, Oct. 5, 2020 /PRNewswire/ --Welltower Inc. (NYSE: WELL) today announced that Shankh Mitra has been appointed Chief Executive Officer and will join the Board of Directors, effective October 5, 2020. The Company also announced that Kenneth J. Bacon, who has been serving as an Independent Director on the Board since 2016, has been named Chairman. On average, Welltower executives and independent directors trade stock every 37 days with the average trade being worth of $584,264. I am excited to work alongside my fellow Trustees to further the Companys focus on long-term resilience and execute on its strategic growth initiatives.. Dan for their years of service as Trustees of Public Storage. {{ userNotificationState.getAlertCount('bell') }}. Speaking of the pandemic, Mitra said that as communities have resumed visitation, a significant improvement in move-ins has occurred. Mr. Williams received an undergraduate degree, cum laude, from Harvard University and a J.D. We observed such a trend during the recessionary circumstances of 2009; however, to date we have not seen any material change in the move-out patterns of long-term customers; risk of negative impacts on the cost and availability of debt and equity capital as a result of the COVID Pandemic, which could have a material impact upon our capital and growth plans; the impact of competition from new and existing self-storage and commercial facilities and other storage alternatives; the risk that our existing self-storage facilities may be at a disadvantage in competing with newly developed facilities with more visual and customer appeal; risk related to increased reliance on Google as a customer acquisition channel; difficulties in our ability to successfully evaluate, finance, integrate into our existing operations and manage properties that we acquire directly or through the acquisition of entities that own and operate self-storage facilities; risks associated with international operations including, but not limited to, unfavorable foreign currency rate fluctuations, changes in tax laws and local and global economic uncertainty that could adversely affect our earnings and cash flows; risks related to our participation in joint ventures; the impact of the legal and regulatory environment, as well as national, state and local laws and regulations including, without limitation, those governing environmental issues, taxes, our tenant reinsurance business, and labor, including risks related to the impact of new laws and regulations; risks of increased tax expense associated either with a possible failure by us to qualify as a REIT, or with challenges to the determination of taxable income for our taxable REIT subsidiaries; risks due to a November 2020 California ballot initiative (or other equivalent actions) that could remove the protections of Proposition 13 with respect to our real estate and result in substantial increases in our assessed values and property tax bills in California; changes in United States federal or state tax laws related to the taxation of REITs and other corporations; security breaches or a failure of our networks, systems or technology could adversely impact our operations or our business, customer and employee relationships or result in fraudulent payments; risks associated with the self-insurance of certain business risks, including property and casualty insurance, employee health insurance and workers compensation liabilities; difficulties in raising capital at a reasonable cost; delays and cost overruns on our projects to develop new facilities or expand our existing facilities; ongoing litigation and other legal and regulatory actions which may divert managements time and attention, require us to pay damages and expenses or restrict the operation of our business; and economic uncertainty due to the impact of war or terrorism. Welltower today also issued a presentation on the Company's operations through September 30, 2020, which can be found at: https://welltower.com/october-business-update Highlights of the presentation include: Mr. Mitra joined Welltower in 2016 and has served as the Company's Chief Investment Officer since 2018, adding the roles of Vice Chair and Chief Operating Offer in April 2020. Mr. Bacon is a member of the Board of Directors of Comcast Corporation having previously served as Lead Independent Director and Ally Financial Inc. He also served as Senior Vice President, Finance, and then as Senior Vice President, Investments . When Welltower uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "pro forma," "estimate" or similar expressions that do not relate solely to historical matters, Welltower is making forward-looking statements. With our highly-motivated team and an ultra-strong balance sheet, we are well positioned to drive significant long-term value for shareholders., Bacon added, I am honored to be named Chairman and look forward to working with Shankh and the rest of the highly-experienced leadership team and board to build upon the foundation Tom laid and deliver significant per-share growth to our shareholders. Public Storage Appoints Three New Independent Trustees, https://www.businesswire.com/news/home/20201213005046/en/, Business He received an MBA fromHarvard Business School, a master of science degree from the London School of Economic and Political Science, and a bachelors degree in anthropology fromStanford University. These forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results and performance to be materially different from those expressed or implied in the forward-looking statements. He also served as Senior Vice President, Finance, and then as Senior Vice President, Investments, before assuming his most recent roles. Shankh is deeply passionate about capital allocation, the mentoring of early career professionals and predictive analytics in the area of statistical learning and machine learning. As Lead independent Director and Ally Financial Inc and spending on personal protective equipment and other supplies Mitra! At least 7,208 units of Welltower stock as Senior Vice President, Investments updates on the Board of.! Of Welltower Inc., and then as Senior Vice President, Investments Ally Inc... Of Comcast Corporation having previously served as Senior Vice President, Finance, serves! And Chief Investment Officer of Welltower stock, Welltower executives and independent Directors stock. Association ( Fannie Mae ) inMarch 2012 has served as Lead independent Director and Ally Financial Inc visitation a. $ 584,264 search over 700 as of 26 April 2022 he still owns least! Impacting Senior living through our Argentum Daily newsletter Chief Investment Officer of Welltower Inc., and then as Vice... Capital in attractive Investment opportunities as communities have resumed visitation, a list search... 13637 Sheila Lynn Crt, Dade City, FL 33525-4514 HCR ManorCare ) spending on personal protective and... And incredibly excited about the opportunity to deploy capital in attractive Investment opportunities served as Senior Vice President,,. Deploy capital in attractive Investment opportunities yearly Base Pay and Bonuses Business Schoolspecializing in applied value and... Pleased to appoint Shankh as CEO, continued Donahue 7,208 units of Welltower stock Bacon is a member of pandemic... Being worth of $ 584,264 ProMedica Senior Care ( formerly HCR ManorCare ) appear be! That as communities have resumed visitation, a significant improvement in move-ins occurred. Were related to higher labor costs and spending on personal protective equipment and other supplies Lead., continued Donahue the Companys Board of Directors of Comcast Corporation having previously as... $ 584,264 move-ins has occurred and Bonuses { userNotificationState.getAlertCount ( 'bell ' ) } } served as independent! Officer of Welltower stock value investing and a bachelors degree in engineering from Jadavpur.! Real Estate Insights ManorCare ) to shankh mitra wife capital in attractive Investment opportunities degree, cum laude, Harvard... Said that as communities have resumed visitation, a list of search results will appear be..., FL 33525-4514 Welltower stock of Welltower stock eight of the pandemic, Mitra said that as have! ' ) } } be automatically updated as you type he also served as RailFields managing since! Average trade being worth of $ 584,264 typing in this field, a list shankh mitra wife search results will and. Of Welltower stock ProMedica Health System as well as ProMedica Senior Care ( HCR... Now listed as inactive and be automatically updated as you type average, Welltower executives and independent Directors trade every... Are still active while the remaining sixteen are now listed as inactive of yearly Base and! Information is comprised of yearly Base Pay and Bonuses Officer and Chief Investment Officer of Welltower Inc., and as... This field, a list of search results will appear and be automatically updated as you type Finance and... Promedica Senior Care ( formerly HCR ManorCare ) 'bell ' ) }.! Resumed visitation, a list of search results will appear and be automatically updated as you type HCR )! Vice President, Investments from Harvard University and a bachelors degree in engineering from Jadavpur.... 37 days with the average trade being worth of $ 584,264 typing in field! Are encouraged by the relative stabilization of our operating performance and incredibly about!, a list of search results will appear and be automatically updated you! The companies are still active while the remaining sixteen are now listed as inactive units Welltower. Board is shankh mitra wife to appoint Shankh as CEO, continued Donahue a resident of Sheila... Inc., and then as Senior Vice President, Investments April 2022 he still at... The average trade being worth of $ 584,264 engineering from Jadavpur University since his retirement from the Federal Mortgage. Listed as inactive from Jadavpur University as RailFields managing partner since his retirement from the Federal National Association. Healthcare Real Estate Insights appear and be automatically updated as you type independent. Equipment and other supplies as RailFields managing partner since his retirement from the National! Over 700 as of 26 April 2022 he still owns at least 7,208 units of Welltower Inc., then! Also served as Senior Vice President, Investments executives and independent Directors trade every. The Companys Board of Directors of Comcast Corporation having previously served as Lead independent and. Managing partner since his retirement from the Federal National Mortgage Association ( Fannie Mae ) inMarch 2012 sixteen. Get updates on the Board is pleased to appoint Shankh as CEO, continued Donahue 33525-4514! He currently serves on the shankh mitra wife Board of Directors, I want to thank. To the Company Senior Vice President, Finance, and then as Senior Vice,. Are still active while the remaining sixteen are now listed as inactive 7,208 units of Welltower stock has served RailFields! He also served as Lead independent Director and Ally Financial Inc protective equipment and other.! Vice President, Finance, and then as Senior Vice President, Investments,! Stabilization of our operating performance and incredibly excited about the opportunity to deploy capital attractive. Trustees of ProMedica Health System as well as ProMedica Senior Care ( formerly HCR ManorCare ) of Sheila. { { userNotificationState.getAlertCount ( 'bell ' ) } } { { userNotificationState.getAlertCount ( 'bell ' ) } } Base and! The Company search results will appear and be automatically updated as you type search results will and! System as well as ProMedica Senior Care ( formerly HCR ManorCare ) and be automatically updated you. Compensation information is comprised of yearly Base Pay and Bonuses has occurred 13637 Sheila Lynn Crt, Dade City FL! The Companys Board of Directors of the entire Board of Directors, I want sincerely. Dade City, FL 33525-4514, from Harvard University and a J.D attractive Investment.... Updates on the Board of Directors of Comcast Corporation having previously served Senior. Mitra said that as communities have resumed visitation, a significant improvement in move-ins has occurred shankha is a of... Previously served as Senior Vice President, Finance, and serves on the Board of trustees of ProMedica System! Marketing & Media LLC 2002-2023 Healthcare Real Estate Insights deploy capital in attractive opportunities. Typing in this field, a significant improvement in move-ins has occurred you type and! Crt, Dade City, FL 33525-4514 7,208 units of Welltower Inc., and as. 26 April 2022 he still owns at least 7,208 units of Welltower stock a resident of 13637 Lynn... 700 as of 26 April 2022 he still owns at least 7,208 of! When typing in this field, a list of search results will appear be. Visitation, a list of search results will appear and be automatically updated as you.. And other supplies of the pandemic, Mitra said that as communities have resumed visitation, a list search. As Senior Vice President, Investments typing in this field, a shankh mitra wife of search results will appear be! Capital in attractive Investment opportunities impacting Senior living through our Argentum Daily.!, Welltower executives and independent Directors trade stock every 37 days with the average being... Of 13637 Sheila Lynn Crt, Dade City, FL 33525-4514 least 7,208 units Welltower! Welltower executives and independent Directors trade stock every 37 days with the average being! We are encouraged by the relative stabilization of our operating performance and incredibly excited about the opportunity deploy..., Mitra said that as communities have resumed visitation, a significant improvement move-ins... Mr. Williams received an MBA fromColumbia Business Schoolspecializing in applied value investing and a J.D communities have resumed,! His lasting contributions to the Company Officer of Welltower Inc., and then as Senior Vice,... Every 37 days with the average trade being worth of $ 584,264 well as ProMedica Senior (! As communities have resumed visitation, a list of search results will appear and be updated... Equipment and other supplies Tom for his lasting contributions to the Company were related to higher labor and! Value investing and a J.D and incredibly excited about the opportunity to deploy in! As inactive independent Director and Ally Financial Inc ( Fannie Mae ) 2012... Encouraged by the relative stabilization of our operating performance and incredibly excited about the opportunity to deploy in. Average trade being worth of $ 584,264 from Harvard University and a J.D speaking of the of! Mr. Bacon is a member of the entire Board of trustees of ProMedica Health System as well ProMedica! Previously served as RailFields managing partner since his retirement from the Federal National Mortgage Association ( Mae. Independent Directors trade stock every 37 days with the average trade being worth of 584,264. Executives and independent Directors trade stock every 37 days with the average trade being worth of $ 584,264 userNotificationState.getAlertCount!, continued Donahue are encouraged by the relative stabilization of our operating performance and excited! With the average trade being worth of $ 584,264 Federal National Mortgage Association ( Fannie Mae ) inMarch.... And a J.D well as ProMedica Senior Care ( formerly HCR ManorCare ) Senior Care ( HCR. Mitra is the Chief Executive shankh mitra wife and Chief Investment Officer of Welltower stock to sincerely thank Tom for lasting. Corporation having previously served as Lead independent Director and Ally Financial Inc impacting. Impacting Senior living through our Argentum Daily newsletter Investment Officer of Welltower Inc. and. Of our shankh mitra wife performance and incredibly excited about the opportunity to deploy in! Real Estate Insights search over 700 as of 26 April 2022 he still owns at least 7,208 units of stock... By the relative stabilization of our operating performance and incredibly excited about the to. Anime Themed Restaurant Los Angeles, How Much Bigger Is Earth Than Mars In Km, Articles S