Quality Care Properties, Inc. (QCP) is a self-managed and self-administered real estate investment trust (REIT) and one of the nation's largest actively-managed real estate companies focused on post-acute/skilled nursing and memory care/assisted living properties.
Mark S. Ordan is the Chief Executive Officer of QCP. Mr. Ordan has also served as a consultant to HCP since March 2016. His consulting arrangement with HCP will terminate by its terms upon consummation of the Spin-Off. Mr. Ordan also serves as an Independent Director at VEREIT (NYSE:VER) and is a member of both its audit committee and compensation committee. Mr. Ordan is also a director of WP Glimcher (NYSE:WPG), the surviving entity following the closing of Washington Prime Group Inc.’s acquisition of Glimcher Realty Trust, having previously served as WP Glimcher’s Executive Chairman from January 2015 to December 2015 and as its Non-Executive Chairman from January 2016 to June 2016. Mr. Ordan had served as Washington Prime’s Chief Executive Officer from May 2014 to January 15, 2015, and also as one of its directors since May 2014. From January 2013 to November 2013, Mr. Ordan served as a director and as the Chief Executive Officer of Sunrise Senior Living, LLC, the successor to the management business of Sunrise Senior Living, Inc. (‘‘Sunrise’’) (NYSE:SRZ), which had been a publicly traded operator of senior living communities in the United States, Canada and the United Kingdom prior to its sale in January 2013 to Health Care REIT, Inc. Mr. Ordan served as Sunrise’s Chief Executive Officer from November 2008 to January 2013 and as a director from July 2008 to January 2013. While at Sunrise, Mr. Ordan led its restructuring and oversaw its eventual sale. He served as the Chief Executive Officer and President of The Mills Corporation (‘‘Mills’’) (NYSE:MLS), a developer, owner and manager of a diversified portfolio of regional shopping malls and retail entertainment centers, from October 2006 to May 2007, as its Chief Operating Officer from February 2006 to October 2006 and as a director from December 2006 until May 2007. While at Mills, Mr. Ordan oversaw its operations and its eventual sale to Simon Property Group, Inc. and Farallon Capital Management, L.L.C. in May 2007. Before that, he served as President and Chief Executive Officer of Balducci’s LLC, a gourmet food store chain. He also founded and served as Chairman, President and Chief Executive Officer of Fresh Fields Markets, Inc., an organic foods supermarket chain, eventually leading the merger of the company with Whole Foods Markets, Inc. Mr. Ordan also was employed in the equities division of the investment banking firm of Goldman Sachs & Co. Mr. Ordan served as a director of Harris Teeter Supermarkets, Inc. (NYSE:HTSI), a supermarket chain, from February 2014 until January 2015, when it was acquired by The Kroger Co. He was a Trustee of Vassar College for 15 years. He also previously served for 10 years, including five years as Non-Executive Chairman, on the Board of Trustees of Federal Realty Investment Trust. Mr. Ordan currently serves on the boards of the following nonprofit organizations: the U.S. Chamber of Commerce, the National Endowment for Democracy and the Chesapeake Bay Foundation. As the former chief executive officer of public companies in the healthcare and real estate industry, Mr. Ordan will provide the board of directors with extensive experience in the management of large scale healthcare operations and real estate portfolio management.
Executive Vice President
Glenn G. Cohen
Glenn G. Cohen is Executive Vice President, Chief Financial Officer and Treasurer of Kimco Realty Corp. (NYSE:KIM) (‘‘Kimco’’). He was appointed Kimco’s Executive Vice President and Chief Financial Officer in 2010, and has been its Treasurer since 1997. Mr. Cohen directs financial and capital strategy and oversees the day-to-day accounting, financial reporting and planning, tax, treasury and capital market activities. In addition, he oversees Kimco’s Information Technology group. Prior to joining Kimco in 1995 as Director of Accounting and Taxation, Mr. Cohen served as Chief Operating Officer and Chief Financial Officer for U.S. Balloon Manufacturing Company, Chief Financial Officer for EMCO Sales and Service, L.P. and six years at the public accounting firm Coopers & Lybrand, LLP (predecessor to PricewaterhouseCoopers LLP). Mr. Cohen is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. Mr. Cohen is also a member of the National Association of Real Estate Investment Trusts, Co-Chairman of its Best Practices Council and a member of the International Council of Shopping Centers. Mr. Cohen will provide the board of directors with over 20 years of senior executive experience with global companies and real estate investment trusts, including accounting and financial planning expertise.
Jerry L. Doctrow
Jerry L. Doctrow is founder and principal of Robust Retirement LLC through which he blogs on seniors housing and care, speaks at industry conferences and conducts select consulting assignments. Mr. Doctrow was previously employed at Stifel Nicolaus & Company Incorporated, from which he retired in 2015, as a senior advisor in investment banking where he focused solely on senior housing and care and healthcare real estate. Before that, Mr. Doctrow worked for 15 years at the Stifel and Legg Mason Wood Walker capital markets groups as an equity research analyst following healthcare providers, healthcare real estate, and other specialty real estate companies. Mr. Doctrow brings to the board of directors substantial experience in seniors housing analysis and healthcare research.
Paul J. Klaassen
Paul J. Klaassen is the Co-Founder and Former Chairman and Chief Executive Officer of Sunrise Senior Living Inc. (‘‘Sunrise’’). Mr. Klaassen served as chair of the Board of Sunrise from its inception until March 2008 and as chief executive officer from its inception until November 2008. Effective November 1, 2008, he became Non-Executive Chairman of Sunrise’s Board. Mr. Klaassen currently serves on the boards of directors of The Netherland-American Foundation and the U.S. Chamber of Commerce. Mr. Klaassen also serves on the board of trustees of The Trinity Forum, a leadership academy. From July 2004 to February 2006, he served on the board of directors of Meristar Hospitality Corporation, a hotel real estate investment trust. Mr. Klaassen will provide the board of directors with over 25 years of experience as a founder and leader of a public operator of assisted living and senior housing facilities.