Ventas appoints Embler to board, Gellert retires; Land & Buildings launches proxy fight

Ventas, Inc.

Jay M. Gellert will not stand for re-election at 2022 annual meeting after serving since 2001.
Michael J. Embler, former CIO of Franklin Mutual Advisors, appointed independent director immediately; will serve on Investment and Audit Committees.
Land & Buildings nominated Jonathan Litt and Michelle Applebaum for board; Ventas rejected them, leading to a proxy contest.
Ventas highlights strong YTD 2022 TSR of 9.5% and Q4 SHOP same-store occupancy up 200 bps YoY.
Board refreshment: four new independent directors in three years, 45% women/people of color; Melody Barnes to chair Nominating & Governance Committee.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jay M. Gellert

Director

VTR · Ventas, Inc.

Filed: March 7, 2022, 6:59 PM ET

Jay M. Gellert, a director of Ventas, Inc. (the “Company”), advised the Company’s Board of Directors (the “Board”) that he will not stand for re-election as a director of the Company at the 2022 annual meeting of stockholders.

Appointed

Michael J. Embler

Independent Director

VTR · Ventas, Inc.

Effective: 2022-03-07
Filed: March 7, 2022, 6:59 PM ET

Michael J. Embler, Former Chief Investment Officer of Franklin Mutual Advisors, LLC, was appointed as an independent director to the Board effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jay M. Gellert departed as Director at Ventas, Inc..

Action: will not stand for re-election
Role: Director

Exact text from the filing

Jay M. Gellert, a director of Ventas, Inc. (the “Company”), advised the Company’s Board of Directors (the “Board”) that he will not stand for re-election as a director of the Company at the 2022 annual meeting of stockholders.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. Embler was appointed as Independent Director at Ventas, Inc..

Action: appointed
Role: Independent Director

Exact text from the filing

Michael J. Embler, Former Chief Investment Officer of Franklin Mutual Advisors, LLC, was appointed as an independent director to the Board effective immediately.

View on SEC.gov

Ventas, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-030802

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