LTC Properties Names Two New Co-CEOs, as Simpson Steps Back
Skilled Nursing News December 9, 2024
LTC Properties (NYSE: LTC) has appointed Pam Kessler and Clint Malin to the roles of co-CEO, with current CEO Wendy Simpson stepping back from the role as the company’s top leader. Kessler and Malin are keeping their current titles as co-presidents of the company.
Kessler currently serves as CFO, while Malin is Chief Investment Officer for LTC. The appointments are part of a succession plan from LTC Properties and are slated to go into effect Dec. 31.
Simpson is stepping back from her role as CEO to become executive chairman of the LTC Properties board of directors. The Westlake Village, California-based real estate investment trust (REIT) also named Cece Chikhale to the role of CFO. Chikhale has been LTC’s chief...