Westminster Communities of Florida CEO Terry Rogers has left his position because the group’s high chief, and CFO Hank Keith has stepped in to briefly fill the spot.
The Orlando, Florida-based senior residing operator introduced the management transition Wednesday. Keith has labored with Westminster for 32 years, most just lately overseeing the group’s funds as CFO. He took the reins on the group as its high chief on Aug. 29.
The management transition additionally kicks off a seek for a brand new CEO dealt with by the Westminster Communities of Florida board of administrators, based on the group.
Westminster Board Chair John Hillenmeyer mentioned that he’s “assured in [Keith’s] means to information us by means of this era of change.”
“The chief management crew consists of further leaders who’ve been with the group for over 54 years,” he mentioned in a press launch in regards to the management change.
Keith takes the reins at a time of relative operational stability for the group. Scores company Fitch just lately reaffirmed the group’s A- bond score and the group’s life plan communities carry an occupancy fee of about 92%.
The group can be rising, with plans so as to add 46 new villa properties and townhomes at two communities, and plans in place for “enlargement or enhancement at many different communities all through the state.”
Total, Westminster is forging forward utilizing 5 areas of focus: Infrastructure, digital transformation, affiliations and acquisitions, diversifying enterprise traces and fostering a tradition of wholesome getting old and wellbeing amongst residents and employees.
For Rogers, the management change caps a roughly four-year stint as Westminster’s high chief. Previous to that, he spent almost three and a half years main Christian Residing Communities (CLC) as CEO.
Westminster Communities of Florida is the no. 11 largest within the nation, based on the newest LeadingAge Ziegler 200. At present the group serves roughly 7,000 residents in 23 communities throughout the Sunshine State.
Final 12 months, the group affiliated with Florida Presbyterian Properties, a life plan group in Lakeland, Florida.
