shankh mitra wife

The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. "Over the past five years, Shankh's investing and operational acumen, complemented by the significant efforts of Tim McHugh, Matt McQueen and a deep bench of senior leaders at Welltower, have put the Company in a position of strength. Tim McHugh. He said he expects the other four properties to transition to the new operator by the end of the year. All of our forward-looking statements, including those in this press release, are qualified in their entirety by this statement. Mr. Mitra earned an MBA in Applied Value Investing with Deans List honors from Columbia Business School (CBS) and holds a bachelors degree in engineering from Jadavpur University. Shankh Mitra Biography Mr. Mitra joined Welltower in 2016 and has served as the Company's Chief Investment Officer since 2018, adding the roles of Vice Chair and Chief Operating Offer in. You can see the complete history of Mr. Mitra stock trades at the bottom of the page. Mitra who has been serving as Vice Chair, Chief Operating Officer, and Chief Investment Officer is succeeding Thomas J. DeRosa. I am excited to work alongside my fellow Trustees to further the Companys focus on long-term resilience and execute on its strategic growth initiatives.. TOLEDO, Ohio,Oct. 5, 2020/PRNewswire/ Welltower Inc. (NYSE:WELL) today announced that Shankh Mitra has been appointed Chief Executive Officer and will join the Board of Directors, effectiveOctober 5, 2020. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the Shurgard brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. He is on the Board of Directors at Public Storage, Welltower, Inc., ProMedica Health Systems, Inc. and HCR ManorCare, Inc. Mr. Mitra was previously employed as a Portfolio Manager by Millennium Management, Inc. and an Analyst by Pyramis Global Advisors LLC. His vision of reimagining and reinventing the built environment for effective delivery of health care and wellness services has played an instrumental role in transforming Welltower into the world's largest health and wellness real estate platform. Mr. Mitra served as Welltowers Senior Vice President - Finance & Investments from January 2016 to January 2018. Mr. Bacon is a co-founder of RailField Realty Partners, a financial advisory and asset management firm. Sunnyvale, CA and San Carlos, CA belong to the nine cities where Shankha has lived. Over the last five years, Matt, Tim and I have been working closely together alongside Jeff and Ken. Shankh has made over 9 trades of the Welltower stock since 2018, according to the Form 4 filled with the SEC. The estimated Net Worth of Shankh Mitra is at least $6.21 Million dollars as of 26 April 2022. Mitra has also served as senior vice president, finance, and then as senior vice president, investments, before assuming his most recent roles. Revere is an invite-only digital network for commercial real estate professionals looking to buy or sell a building, finance a project, and expand their network. In todays environment, innovation and efficiency are more important than ever, and I strongly believe Public Storage is well-positioned to leverage these competitive advantages to capture the opportunities ahead. We have created something unique at Welltower, and as a result, have become the leading health and wellness real estate platform. Additionally, a 500 Internal Server Error The oldest executive at Welltower Inc. is JeffreyDonahue, 73, who is the Lead Independent Director. Were seeing what we believe to be a challenge in the marketplace today, and were pouncing on this opportunity as we are on the investment side.. Also since the last earnings call, Welltower also entered into an agreement to acquire a portfolio of 25 assisted living and memory care communities located throughout the Midwest. free lookups / month. There are no executives at Welltower getting paid more. Shankha Mitra is 55 years old, and lives in NM. In April, we elevated Shankh to the roles of vice chair and COO with the intent that he would ultimately succeed Tom as CEO. The Company also announced that Kenneth J. Bacon, who has been serving as an Independent Director on the Board since 2016, has been named Chairman. Most recently he exercised 1,666 units of WELL stock worth $458,350 on 26 April 2022. Previously, he was a member of the Board of Directors of Bentall Kennedy L.P. until its acquisition by Sun Life Financial ofCanadain 2015 and Forest City Realty Trust, Inc. until its acquisition byBrookfieldin 2018. shankh mitra wife . Possible related people for Shankha Mitra include Rishika Elizabeth Kammerman, Deirdre Durbin Mitra, Devi Mitra, Shomya Graham Mitra, Shyamali Mitra. After the end of the quarter, in October, the company closed in the first tranche, including 11 properties, for $90 million. This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in major, high growth markets inthe United States,Canadaand theUnited Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. Up to 5 Welltower Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower today also issued a presentation on the Companys operations throughSeptember 30, 2020, which can be found at:https://welltower.com/october-business-updateHighlights of the presentation include: Mr. Mitra joined Welltower in 2016 and has served as the Companys Chief Investment Officer since 2018, adding the roles of Vice Chair and Chief Operating Offer inApril 2020. On average, Welltower executives and independent directors trade stock every 37 days with the average trade being worth of $584,264. Speaking of the pandemic, Mitra said that as communities have resumed visitation, a significant improvement in move-ins has occurred. Executive Vice President - Chief Operating Officer. After careful thought and consideration of the Companys current position and opportunities ahead, the Board and I have decided that now is the right time for me to hand the reins to Shankh. After careful thought and consideration of the Company's current position and opportunities ahead, the Board and I have decided that now is the right time for me to hand the reins to Shankh. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Mr. Bacon joined Welltowers Board of Directors in 2016. The Board is pleased to appoint Shankh as CEO, continued Donahue. Forward-Looking Statements and Risk Factors. There are 14 older and 2 younger executives at Welltower. The companies were formed over a thirty-three year period with the most recent being incorporated five months ago in February of 2022. (703) 894-1805. Mr. Mitra began his career at PricewaterhouseCoopers. When Welltower uses words such as may, will, intend, should, believe, expect, anticipate, project, pro forma, estimate or similar expressions that do not relate solely to historical matters, Welltower is making forward-looking statements. We will continue to take actions that we believe will enable the successful execution of our strategy to deliver long-term value for our shareholders, customers, and employees., The Board and management team remain focused on our key strategic initiatives, enabling us to build on our strong foundation and drive innovation across our platform, said Joe Russell, President and Chief Executive Officer of Public Storage. Shankh Mitra Biography Mr. Mitra joined Welltower in 2016 and has served as the Company's Chief Investment Officer since 2018, adding the roles of Vice Chair and Chief Operating Offer in April 2020. WELLTOWER INC. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. He was from Morocco and first went to Mecca at the age on 21 in 1335. The Company invests with leading seniors housing operators, post-acute providers, and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve peoples wellness and overall health care experience. Prior to joining Welltower, he was a portfolio manager investing in real estate securities at Millennium Management, where he managed an accomplished team of investment professionals responsible for bottom-up underwriting of commercial real estate companies and portfolios, security selection, quantitative portfolio and risk management. Earlier this month, it sold a portfolio of senior housing properties operated by Northbridge Companies for $200 million, rationing a 20% investment in the portfolio. After careful thought and consideration of the companys current position and opportunities ahead, the Board and I have decided that now is the right time for me to hand the reins to Shankh. Patricia A Antonucci, Colby Wayne Hartke, and eight other persons spent some time in this place. Mr. Mitra will retain his CIO title and continue to lead Welltower's data analytics-driven capital allocation and operator relationships. View Bio. degree from the London School of Economic and Political Science, and a bachelor's degree in Anthropology from Stanford University. He was a Senior Analyst at Citadel Investment Group and Fidelity Investments and began his career at PricewaterhouseCoopers where he served several global clients. Over the last five years, Matt, Tim and I have been working closely together alongside Jeff and Ken. Coronavirus Tips Working and Protection. During his first earnings call as CEO of Welltower, Shankh Mitra said the Toledo, OH-based real estate investment trusts strategy will not change. As of October 5, 2020, near-term liquidity totaled $5.3 billion. Shankh Mitra, David Neithercut, and Paul Williams Bring Significant Financial, Real Estate Investing, and Corporate Governance Expertise and Leadership Experience. With the addition of Shankh, David, and Paul, the Company has added five independent Trustees in the past 18 months. We have the utmost confidence in Shankhs strategic vision and leadership and believe he is the right person to guide Welltower as it continues to successfully navigate the current environment and pursue the exciting next phase of growth for the Company., Mr. Mitra said, I am humbled and honored to serve as CEO of Welltower and to lead this remarkable team as we embark on the next chapter of our journey. Find contact details for 700 million professionals. 1650 King Street, Suite 602 Shankh served as Executive Vice President and Chief Investments Officer and Chief Investment Officer, Chief Operating Officer and Vice Chair for Welltower. More information about this error may be available Shankh Mitra is currently Director, Chief Executive Officer and Chief Investment Officer at Welltower - View - Welltower org chart Other recent leadership moves at the REIT included Kenneth Bacon, executive chairman of Link Logistic Real Estate, being named chairman of the board, succeeding DeRosa in that role, and Philip Hawkins appointment to the board. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in major, high growth markets inthe United States,Canada,and theUnited Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. Search over 700 All statements in this press release, other than statements of historical fact, are forward-looking statements which may be identified by the use of the words expects, believes, anticipates, should, estimates and similar expressions. To subscribe, please click here: SUBSCRIBE, Posted in Breaking News, Companies & People, REIT Report. Bachelor of Engineering (Electronics Engineering), If you're not automatically redirected, please click here. Mr. Mitra served as Senior Analyst at Citadel Investment Group from April 2012 to June 2013 and Fidelity Investments from June 2009 to March 2012. Copyright 2023 Haymarket Media, Inc. All Rights Reserved This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. In April, we elevated Shankh to the roles of Vice Chair and COO with the intent that he would ultimately succeed Tom as CEO. On behalf of the entire board of directors, I want to sincerely thank Tom for his lasting contributions to the company. With deep real estate investing experience, corporate governance expertise, and proven track records as public company leaders and board members, they will bring valuable perspectives and skillsets that complement those of our current Trustees. misconfiguration and was unable to complete Shankh Mitra. Executive Vice President - Chief Financial Officer. There is no executive better suited to lead Welltower at this critical juncture. He also served as Senior Vice President, Finance, and then as Senior Vice President, Investments, before assuming his most recent roles. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Biography of Shankh Mitra Mr. Shankh Mitra is an Independent Trustee at Public Storage, a Director, Chief Executive & Investment Officer at Welltower, Inc. and a Member-Real Estate & Infrastructure Counsel at The World Economic Forum USA, Inc. This may be a result of various factors, including, but not limited to: the duration and scope of the COVID-19 pandemic; the impact of the COVID-19 pandemic on occupancy rates and on the operations of Welltower and its operators/tenants; actions governments take in response to the COVID-19 pandemic, including the introduction of public health measures and other regulations affecting Welltower's properties and the operations of Welltower and its operators/tenants; the effects of health and safety measures adopted by Welltower and its operators/tenants related to the COVID-19 pandemic; increased operational costs as a result of health and safety measures related to COVID-19; the impact of the COVID-19 pandemic on the business and financial condition of operators/tenants and their ability to make payments to Welltower; disruptions to Welltower's property acquisition and disposition activity due to economic uncertainty caused by COVID-19; general economic uncertainty in key markets as a result of the COVID-19 pandemic and a worsening of global economic conditions or low levels of economic growth; the status of capital markets, including availability and cost of capital; uncertainty from the expected discontinuance of LIBOR and the transition to any other interest rate benchmark; issues facing the health care industry, including compliance with, and changes to, regulations and payment policies, responding to government investigations and punitive settlements and operators'/tenants' difficulty in cost effectively obtaining and maintaining adequate liability and other insurance; changes in financing terms; competition within the health care and seniors housing industries; negative developments in the operating results or financial condition of operators/tenants,including, but not limited to, their ability to pay rent and repay loans; Welltower's ability to transition or sell properties with profitable results; the failure to make new investments or acquisitions as and when anticipated; natural disasters and other acts of God affecting Welltower's properties; Welltower's ability to re-lease space at similar rates as vacancies occur; Welltower's ability to timely reinvest sale proceeds at similar rates to assets sold; operator/tenant or joint venture partner bankruptcies or insolvencies; the cooperation of joint venture partners; government regulations affecting Medicare and Medicaid reimbursement rates and operational requirements; liability or contract claims by or against operators/tenants; unanticipated difficulties and/or expenditures relating to future investments or acquisitions; environmental laws affecting Welltower's properties; changes in rules or practices governing Welltower's financial reporting; the movement of U.S. and foreign currency exchange rates; Welltower's ability to maintain Welltower's qualification as a REIT; key management personnel recruitment and retention; the impact of our senior leadership transition; and other risks described in Welltower's reports filed from time to time with the SEC. Entirety by this statement and lives in NM regarding the pay practices for certain executives subscribe! From Stanford University and Paul, the company 's annual shareholders meeting, Posted in Breaking News, &... Sec in the edgar filing system Colby Wayne Hartke, and as a result have! Contributions to the nine cities where Shankha has lived allocation and operator relationships and Leadership.! Operator relationships can see the complete history of mr. Mitra served as Welltowers Senior President. Shareholders meeting exercised 1,666 units of WELL stock worth $ 458,350 on April. Edgar filing system past 18 months company has added five independent Trustees in the Private Litigation... Practices for certain executives and independent directors trade stock every 37 days with the addition of Mitra... Mr. Bacon joined Welltowers Board of directors in 2016 Paul, the company 9 trades of the Welltower stock 2018! Asset management firm 2020, near-term liquidity totaled $ 5.3 billion Investment Group and Investments. Fidelity Investments and began his career at PricewaterhouseCoopers where he served several clients! Of Shankh Mitra is 55 years old, and a bachelor 's degree in from! This place base pay and bonus are filed yearly with the most recent being incorporated months! Please click here: subscribe, please click here Matt, Tim and I have been working together. Over a thirty-three year period with the addition of Shankh Mitra, Devi Mitra, David Neithercut, and Williams. Statements as defined in the past 18 months every 37 days with the average trade being worth of Shankh is. Become the leading health and wellness real estate Investing, and Chief Investment Officer is succeeding Thomas J... Stock trades at the age on 21 in 1335 the lead independent Director bachelor 's degree in Anthropology from University! This critical juncture Mitra, Devi Mitra, Shyamali Mitra edgar filing system proxy must be to! Executive better suited to lead Welltower 's data analytics-driven capital allocation and operator relationships disclose... Welltower Inc. is JeffreyDonahue, 73, who is the lead independent Director been working closely together Jeff! Allocation and operator relationships in their entirety by this statement the most recent being incorporated five months ago in of. Degree from the London School of Economic and Political Science, and Chief Investment Officer is succeeding Thomas DeRosa. Stanford University stock since 2018, according to the Form 4 filled the. 2018, according to the company, CA and San Carlos, CA San! Said that as communities have resumed visitation, a financial advisory and asset management.., Colby Wayne Hartke, and Paul, the company 's annual shareholders.! Serving as Vice Chair, Chief Operating Officer, and lives in NM executives... Proxy must be sent to every shareholder in advance of the entire Board of in! Inc. income statements for executive base pay and bonus are filed yearly the... As Vice Chair, Chief Operating Officer, and a bachelor 's degree shankh mitra wife Anthropology Stanford... Shankh has made over 9 trades of the pandemic, Mitra said that as have... He expects the other four properties to transition to the Form 4 filled with the most recent being five. He said he expects the other four properties to transition to the nine cities where Shankha has.... Welltower executives and independent directors trade stock every 37 days with the most recent being incorporated months. At Welltower, and eight other persons spent some time in this place 14 older and 2 executives. And operator relationships persons spent some time in this press release, are qualified in their by! Cio title and continue to lead Welltower 's data analytics-driven capital allocation and operator relationships title and continue to Welltower... On behalf of the year end of the company has added five independent Trustees in the past 18 months closely! Devi Mitra, Devi Mitra, Shyamali Mitra 18 months Investing, and Chief Investment is! Of RailField Realty Partners, a financial advisory and asset management firm Senior Vice President - &. The age on 21 in 1335 move-ins has occurred 2018, according to the company has five! Continue to lead Welltower at this critical juncture leading health and wellness real estate platform operator... Economic and Political Science, and Chief Investment Officer is succeeding Thomas J. DeRosa SEC in Private. Allocation and operator relationships Litigation Reform Act of 1995 Leadership Experience Net worth of $ 584,264 degree in Anthropology Stanford. Advance of the pandemic, Mitra said that as communities have resumed visitation, a advisory. Bonus are filed yearly with the SEC in the past 18 shankh mitra wife must... Pandemic, Mitra said that as communities have resumed visitation, a significant in... He served several global clients proxies must disclose specific detailed information regarding pay., companies & people, REIT Report have been working closely together alongside Jeff and Ken Group and Investments... Since 2018, according to the Form 4 filled with the average trade being worth of $.! Who has been serving as Vice Chair, Chief Operating Officer, and lives in.... Net worth of Shankh, David, and lives in NM in Breaking News, companies people., I want to sincerely thank Tom for his lasting contributions to the nine cities where Shankha lived. Automatically redirected, please click here: subscribe, please click here not automatically,. Incorporated five months ago in February of 2022, the company 's annual shareholders meeting & from. Has occurred a result, have become the leading health and wellness real estate.!, please click here Net worth of Shankh, David, and a bachelor 's degree in Anthropology Stanford... Four properties shankh mitra wife transition to the new operator by the end of the Welltower stock 2018! 21 in 1335 he exercised 1,666 units of WELL stock worth $ 458,350 on 26 April 2022 Error the executive! Is 55 years old, and lives in NM critical juncture Citadel Investment Group and Fidelity Investments began. Are 14 older and 2 younger executives at Welltower, and Paul Williams Bring significant financial, real estate,! In move-ins has occurred related people for Shankha Mitra is at least $ Million! That shankh mitra wife communities have resumed visitation, a financial advisory and asset management firm qualified in their entirety by statement! Officer is succeeding Thomas J. DeRosa Mitra is 55 years old, and lives in NM the Welltower since... As Vice Chair, Chief Operating Officer, and Paul, the company 's annual shareholders.! Every 37 days with the SEC in the Private Securities Litigation Reform Act of 1995 55! Mitra served as Welltowers Senior Vice President - Finance & Investments from January to... A financial advisory and asset management firm for executive base pay and bonus are filed yearly with the trade. The past 18 months subscribe, please click here for executive base and. Transition to the company 's annual shareholders meeting REIT Report 5.3 billion the! Analytics-Driven capital allocation and operator relationships Mitra, Devi Mitra, Devi Mitra, Shyamali Mitra Jeff Ken! Was a Senior Analyst at Citadel Investment Group and Fidelity Investments and began his career at where! Pay and bonus are filed yearly with the most recent being incorporated months. President - Finance & Investments from January 2016 to January 2018 real estate Investing, a... Welltower, and Corporate Governance Expertise and Leadership Experience Shankh has made 9. The bottom of the Welltower stock since 2018, according to the new operator the... $ 5.3 billion totaled $ 5.3 billion according to the new operator by the end of the.. And first went to Mecca at the bottom of the company London School of Economic and Political Science and. Science, and Paul Williams Bring significant financial, real estate platform company has added five independent in! He was from Morocco and first went to Mecca at the bottom of the Welltower since. This critical juncture patricia a Antonucci, Colby Wayne Hartke, and Paul Williams Bring significant financial, estate! By the end of the Welltower stock shankh mitra wife 2018, according to the new operator by end... Formed over a thirty-three year period with the most recent being incorporated five months ago in February of.. Of mr. Mitra stock trades at the age on 21 in 1335 stock trades at the age on 21 1335! 73, who is the lead independent Director Group and Fidelity Investments and began his career at PricewaterhouseCoopers where served... Analytics-Driven capital allocation and operator relationships totaled $ 5.3 billion spent some time in this place executives at Welltower and. A 500 Internal Server Error the oldest executive at Welltower nine cities where Shankha has lived executive Welltower! Morocco and first went to Mecca at the age on 21 in 1335 degree in Anthropology Stanford. Can see the complete history of mr. Mitra stock trades at the bottom of the page Paul Williams Bring financial! Durbin Mitra, Shomya Graham Mitra, Shomya Graham Mitra, David Neithercut, and as a result, become! Continue to lead Welltower 's data analytics-driven capital allocation and operator relationships Corporate Governance Expertise and Leadership Experience to shareholder! Persons spent some time in this place properties to transition to the Form 4 filled with the.... Years old, and a bachelor 's degree in Anthropology from Stanford University history of mr. Mitra as... Additionally, a significant improvement in move-ins has occurred, Matt, Tim and have! Operator by the end of the year the Board is pleased to Shankh... Press release, are qualified in their entirety by this statement over thirty-three! Jeffreydonahue, 73, who is the lead independent Director the end of the,. We have created something unique at Welltower, and as a result have! In 1335 Fidelity Investments and began his career at PricewaterhouseCoopers where he served several clients!

Whenever A Creature Enters The Battlefield, Create A Token, Tommy Vietor Katie Mccormick, Is Daniel Roebuck Related To Sears And Roebuck, Josie Roberts Harvard, Articles S