leadership
confidence high
sentiment neutral
materiality 0.70
LTC appoints new leadership: Simpson Executive Chairman, Kessler and Malin Co-CEOs, effective Dec 31, 2024
LTC PROPERTIES INC
- Wendy Simpson, 75, becomes Executive Chairman, effective Dec 31, 2024; previously CEO since 2007.
- Pam Kessler and Clint Malin promoted to Co-CEOs, retaining Co-President roles, effective Dec 31.
- Cece Chikhale promoted to CFO and Corporate Secretary, effective Dec 31; remains Treasurer and Principal Accounting Officer.
- LTC is conducting a search for a new Chief Investment Officer; Malin retains CIO function until successor named.
- Compensation arrangements for the new executives remain unchanged at this time.