Senior Housing News January 2, 2025
Welltower (NYSE: WELL) has elevated COO John Burkart to the role of vice chairman and named Nikhil Chaudhri and Tim McHugh as co-presidents, among other executive appointments.
The Toledo, Ohio-based real estate investment trust (REIT) announced the moves Thursday.
Burkart, who has worked as Welltower’s COO since 2021, is a driving force behind the management platform the REIT is using to “modernize” its senior housing operations. Before his promotion Thursday, Burkart worked as executive vice president in addition to his role as COO.
Chaudhri and McHugh, both former executive vice presidents, are ascending to the role of co-president. They are slated to maintain their roles of chief investment officer and chief financial officer, respectively.
With the promotions, Welltower is advancing...
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