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Ventas Announces Promotions

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Ventas, Inc. (NYSE:VTR) (“Ventas” or the “Company”) today announced the following promotions:

  • Randy Sohanaki has been promoted to Vice President, IT Applications and he will join the Ventas Senior Leadership Team. Previously, he was Director, IT Applications. Randy joined the Company in connection with its acquisition of Nationwide Health Properties (NHP).
  • Wilkingson Germain has been promoted to Senior Investment Officer, focusing on the acquisition of medical office buildings and other healthcare assets, and continues as a member of the Ventas Senior Leadership Team. Previously, he was an Investment Officer. Will joined Ventas in 2006, and has held a series of positions of increasing responsibility at the Company during his tenure.
  • Shane Seitz has been promoted to Senior Investment Officer, focusing on medical office buildings and other healthcare investments, and continues as a member of the Ventas Senior Leadership Team. Previously, he was an Investment Officer. Shane joined the Company in connection with its acquisition of NHP.

Ventas also announced today that Timothy Sanders has joined the Company as a Senior Investment Officer, effective immediately. Sanders will join Ventas’s investment professionals to cultivate and enhance relationships with healthcare and senior housing operators and make value enhancing investments. He joined the Company from Capital Lending and Mortgage Group, LLC, an affiliate of Capital Funding Group, a Baltimore-based mortgage banker that specializes in seniors housing and skilled nursing debt. He will be a member of the Ventas Senior Leadership Team.

“I am delighted to welcome Tim to Ventas, and congratulate Randy, Will and Shane on their well-earned promotions,” Ventas Chairman and Chief Executive Officer Debra A. Cafaro said. “Through the commitment and skill of our high performing team, composed of long tenured professionals and new hires alike, we will continue to sustain excellence and create value for our shareholders.”

Ventas, Inc., an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of more than 1,600 assets in the United States, Canada and the United Kingdom 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 and www.lillibridge.com.

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