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Healthcare Realty Trust Announces Key Leadership Changes

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Healthcare Realty Trust (NYSE: HR) ha annunciato importanti cambiamenti ai vertici per migliorare le iniziative operative e di allocazione del capitale. Todd Meredith, Presidente e CEO, passerà a Chairman Esecutivo, mentre Robert Hull, EVP degli Investimenti, diventerà Presidente e CEO. Bethany Mancini viene promossa a EVP e Chief Operating Officer, e Kris Douglas continuerà come EVP e CFO. Questi cambiamenti, che entreranno in vigore il 1° luglio 2023, mirano a rafforzare il focus dell'azienda sull'eccellenza operativa e sulla crescita strategica. L'azienda ha inoltre confermato le sue previsioni per il 2023, prevedendo un FFO normalizzato per azione tra $1.60 e $1.64.

Healthcare Realty Trust (NYSE: HR) ha anunciado importantes cambios en el liderazgo para mejorar las iniciativas operativas y de asignación de capital. Todd Meredith, Presidente y CEO, pasará a ser Presidente Ejecutivo, mientras que Robert Hull, EVP de Inversiones, se convertirá en Presidente y CEO. Bethany Mancini ha sido ascendida a EVP y Directora de Operaciones, y Kris Douglas continuará como EVP y CFO. Estos cambios, que entrarán en vigor el 1 de julio de 2023, tienen como objetivo fortalecer el enfoque de la empresa en la excelencia operativa y el crecimiento estratégico. La empresa también reafirmó su guía para 2023, proyectando un FFO normalizado por acción entre $1.60 y $1.64.

Healthcare Realty Trust (NYSE: HR)는 운영 및 자본 할당 전략을 강화하기 위해 중요한 리더십 변화를 발표했습니다. Todd Meredith는 사장 겸 CEO에서 집행 회장으로 이동하고, Robert Hull는 투자 담당 EVP에서 사장 겸 CEO로 승진합니다. Bethany Mancini는 EVP 및 COO로 승진하며, Kris Douglas는 계속해서 EVP 및 CFO로 근무합니다. 이러한 변화는 2023년 7월 1일부터 시행되며, 회사의 운영 우수성과 전략적 성장에 대한 집중을 강화하는 것을 목표로 하고 있습니다. 회사는 또한 2023년도 가이던스를 재확인하며, 정상화된 주당 FFO를 $1.60에서 $1.64 사이로 예상하고 있습니다.

Healthcare Realty Trust (NYSE: HR) a annoncé d'importants changements de direction pour améliorer les initiatives opérationnelles et d'allocation de capital. Todd Meredith, Président et CEO, passera au poste de Président Exécutif, tandis que Robert Hull, EVP des Investissements, deviendra Président et CEO. Bethany Mancini est promue au poste d'EVP et Directeur des opérations, et Kris Douglas continuera en tant qu'EVP et CFO. Ces changements, qui prendront effet le 1er juillet 2023, visent à renforcer l'accent mis par l'entreprise sur l'excellence opérationnelle et la croissance stratégique. L'entreprise a également réaffirmé ses prévisions pour 2023, projetant un FFO normalisé par action compris entre 1,60 et 1,64 $.

Healthcare Realty Trust (NYSE: HR) hat bedeutende Änderungen in der Führung angekündigt, um betriebliche und Kapitalzuweisungsinitiativen zu verbessern. Todd Meredith, Präsident und CEO, wird zum Executive Chairman wechseln, während Robert Hull, EVP für Investitionen, Präsident und CEO wird. Bethany Mancini wird zur EVP und Chief Operating Officer befördert, und Kris Douglas wird weiterhin als EVP und CFO tätig sein. Diese Änderungen, die am 1. Juli 2023 wirksam werden, zielen darauf ab, den Fokus des Unternehmens auf betrieblicheExzellenz und strategisches Wachstum zu stärken. Das Unternehmen hat auch seine Prognose für 2023 bekräftigt und rechnet mit einem normalisierten FFO pro Aktie zwischen 1,60 und 1,64 US-Dollar.

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Increases leadership alignment with operational and capital allocation initiatives

Reaffirms forward-looking guidance and expectations for 2024

NASHVILLE, Tenn., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust today announced key leadership changes to extend the Company’s operational momentum and increase focus on execution, acceleration of growth, and accretive capital allocation. Rob Hull will become Chief Operating Officer, Ryan Crowley will be promoted to Executive Vice President and Chief Investment Officer, and Julie Wilson will become Chief Administrative Officer. In addition, Austen Helfrich will become Interim Chief Financial Officer, succeeding Kris Douglas, who will depart the Company. These changes will be effective October 1. Healthcare Realty’s Board of Directors has formed a search committee, led by Tom Bohjalian, to hire a permanent CFO and engaged executive search firm Ferguson Partners to assist with the process.

“I’m enthusiastic about the energy and new perspectives this team brings to the execution of our operational and capital allocation initiatives. These leadership changes increase our focus on capturing the upside embedded in our portfolio and elevating performance by accelerating the buildout of our growing data analytics platform,” said Todd Meredith, President and CEO of Healthcare Realty. “I appreciate the significant contributions Kris Douglas has made to Healthcare Realty over nearly nine years as CFO and during his 21-year career at the Company. We wish him all the best in the future as he pursues other opportunities.”         

The Company also reaffirmed its guidance for the third quarter and full year 2024, including normalized FFO per share and all other forward-looking guidance provided with the Company’s second quarter earnings release. The Company will provide additional commentary on its expected 2024 earnings and business updates during its third quarter earnings call. 

Interim CFO Austen Helfrich has served as First Vice President, Portfolio Strategy, responsible for the Company’s joint venture and dispositions strategy. Since joining the Company in 2019, Mr. Helfrich has led the formation and expansion of the Company’s joint venture program, including partnerships with Nuveen, CBRE Investment Management and KKR. Prior to joining Healthcare Realty, he was with Point72 Asset Management, where he was responsible for investing in the healthcare services sector. Previously, Mr. Helfrich worked at Columbus Hill Capital Management and in Citigroup’s investment banking division. He holds a Bachelor of Arts in Politics, Philosophy and Economics from the University of Pennsylvania.  

As Chief Operating Officer, Rob Hull will be responsible for overseeing the Company’s portfolio performance. Rob has led the leasing team’s efforts to accelerate new leasing volume to more than 400,000 square feet in each of the last four quarters and drive more than 110 basis points of occupancy improvement over the last three quarters. His responsibilities will expand to accelerate portfolio performance through the coordinated leadership of leasing, project management, asset management, and property operations. Mr. Hull has served as Executive Vice President, Investments since 2017, assuming responsibility for the Company’s portfolio leasing in late 2021. 

Ryan Crowley will serve as Executive Vice President and Chief Investment Officer, responsible for acquisitions, dispositions, and re/development. Mr. Crowley has also been instrumental in the recent expansion of the Company’s disposition and joint venture efforts and will oversee joint venture relationships. Mr. Crowley has served as Senior Vice President, Investments since 2021. He has led the Company’s acquisition efforts since 2018, completing over $2.3 billion of acquisitions. Mr. Crowley has been with the Company for more than 18 years and directly involved with investment transactions valued at more than $5 billion.

In her role as Chief Administrative Officer, Julie Wilson will add human resources to her current leadership of the Company’s technology, marketing, and corporate responsibility teams. Ms. Wilson will bring a strategic focus to the Company’s talent management and development initiatives. She led the Company’s successful merger integration efforts and has overseen the largest portion of the Company’s over 550 employees as Executive Vice President, Operations since 2021.

About Healthcare Realty

Healthcare Realty is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty’s portfolio includes nearly 675 properties totaling approximately 40 million square feet concentrated in 15 growth markets. Additional information regarding the Company can be found at www.healthcarerealty.com.

Ron Hubbard
Vice President, Investor Relations
P: 615.269.8290

In addition to the historical information contained within, the matters discussed in this press release may contain forward-looking statements that involve risks and uncertainties. These risks are discussed in filings with the Securities and Exchange Commission by Healthcare Realty, including its Annual Report on Form 10-K for the year ended December 31, 2023 under the heading “Risk Factors,” and in its Quarterly Reports filed thereafter and in the Company’s other SEC filings. Forward-looking statements represent the Company’s judgment as of the date of this release. The Company disclaims any obligation to update forward-looking statements.


Healthcare Tr Amer Inc

NYSE:HR

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5.46B
347.60M
0.69%
109.92%
3.2%
REIT - Healthcare Facilities
Real Estate Investment Trusts
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United States
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