Healthcare Trust, Inc. appointed Michael Anderson as new CEO

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


As previously disclosed, Edward M. Weil, Jr., Healthcare Trust, Inc.'s (the "Company") chief executive officer and president notified the Company's board including the members of its nominating and corporate governance committee of their intent to resign their respective officer positions upon the closing of a merger between Global Net Lease, Inc. and the Necessity Retail REIT, Inc., two entities presently advised by affiliates of the Company's advisor. If the merger is not completed, Mr. Weil intends to continue in his position with the Company.


Appointment of Chief Executive Officer


On August 9, 2023, the board of directors of the Company appointed Michael Anderson to serve as chief executive officer of the Company. The appointment is conditioned on the effectiveness of the resignation of Mr. Weil.


Mr. Anderson, 34, joined the predecessor to AR Global Investments, LLC ("AR Global"), the parent company of the Company's advisor in 2013 as assistant general counsel. From 2018 to 2020 he served as senior vice president and chief corporate counsel of AR Global and Bellevue Capital Partners, LLC ("Bellevue Capital"). Since 2020, he served as senior vice president and general counsel of AR Global and Bellevue Capital. He also served as general counsel and secretary of G&P Acquisition Corp. from December 2020 to December 2022. In his capacity as the general counsel of AR Global and Bellevue Capital, Mr. Anderson has advised on both public and private debt and equity transactions, mergers and corporate acquisitions, commercial real estate transactions and operational integration of acquired companies. Mr. Anderson earned a Bachelor of Arts degree from the University of Arizona where he graduated cum laude and a Juris Doctor degree from the University of Mississippi School of Law, where he graduated summa cum laude.


There is no arrangement or understanding between Mr. Anderson and any other persons pursuant to which Mr. Anderson was appointed as chief executive officer. Neither Mr. Anderson nor any of his immediate family members have been or are currently proposed to be a participant in any transaction that would be required to be reported pursuant to Item 404(a) of Regulation S-K.