Activist shareholder criticizes Brookdale Senior Living performance, board days before earnings call
By
Lois A. Bowers
Jul 31, 2019
One week before Brookdale Senior Living’s second-quarter earnings call, activist shareholder Land & Buildings issued another open letter to fellow shareholders on Tuesday, saying the country’s largest...
Brookdale CEO ‘hamstrung’ by board, says shareholder who recommends changes
By
Lois A. Bowers
Aug 10, 2018
Brookdale Senior Living’s board has “hamstrung” President and CEO Cindy Baier in her efforts to maximize shareholder value, activist investor Jonathan Litt said Thursday. He singled out...
Brookdale road test of turnaround strategy leads to ‘renewed focus,’ CEO says
By
Lois A. Bowers
Aug 08, 2018
Recent visits that saw approximately 20 members of the company’s senior leadership team work in Brookdale Senior Living communities across the country affirmed that the company is on the right track...
Andy Smith out as Brookdale CEO as strategic review process concludes
By
Lois A. Bowers
Feb 22, 2018
Andy Smith is being replaced as president and CEO at Brookdale Senior Living, and Daniel Decker will be leaving his position as executive chairman, the company announced this morning in advance of its...
Activist shareholder calls for more transparency from Brookdale
By
Lois A. Bowers
Oct 31, 2017
Brookdale Senior Living should be more transparent about the status of its strategic review process, which has been taking place for more than eight months, Brookdale shareholder Land and Buildings said...
The Brookdale Senior Living Board of Directors welcomed a new member as part of an agreement with an activist shareholder that will have additional effects on the company’s annual meetings in 2017...
16 assisted living operators to help Alzheimer’s Association test dementia care program
By
Lois A. Bowers
Sep 20, 2018
Sixteen assisted living operators across 12 states and the nation’s capital have signed on to help test an Alzheimer’s Association program that could enhance the care of residents with dementia.
Brookdale announces hire for newly created president of senior living position, Cindy Kent
By
Lois A. Bowers
Dec 04, 2019
Brentwood, TN-based Brookdale Senior Living, the country’s largest senior living provider, has created a new position of executive vice president and president of senior living and has hired Cindy R....
Welltower settlement delays start of former executive at HCP
By
Lois A. Bowers
Nov 08, 2017
Welltower has settled a lawsuit against a former employee, and the terms will push back his start date with a competitor about two months, executives said Tuesday. During an earnings call, they also discussed...
Big senior living stories of 2018
By
Lois A. Bowers
Dec 21, 2018
Here’s a look at some of the news that occupied many minds in senior living over the past year.