LTC Properties Leader Simpson Steps Back as Company Names Two New Co-CEOs

Senior Housing News December 9, 2024
Tim Regan

LTC Properties (NYSE: LTC) CEO Wendy Simpson is stepping back from her role as the company’s top leader, and the company’s two co-presidents are slated to take the reins as co-CEOs.

On Monday, the Westlake Village, California-based real estate investment trust (REIT) announced it had appointed Pam Kessler and Clint Malin to the roles of co-CEO. The two leaders are also keeping their current titles as co-presidents of the company.

Simpson is stepping back from her role as CEO to become executive chairman of the LTC Properties board of directors. The company also named Cece Chikhale to the role of CFO.

The appointments are part of a succession plan from LTC Properties and are slated to go into effect Dec....

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