Posted 04 August, 2022
NorthStar Healthcare Income, Inc. appointed Ann B. Harrington as new CEO
OTC:NHHS appointed new Chief Executive Officer Ann B. Harrington in a 8-K filed on 04 August, 2022.
On August 3, 2022, the Board appointed Ann B. Harrington as NorthStar Healthcare's Interim Chief Executive Officer and President, effective upon Mr. Jeanneault's resignation.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of NorthStar Healthcare Income, Inc.
Real Estate/Construction • Healthcare REITs
NorthStar Healthcare Income, Inc. engages in the provision of acquisition, origination, and asset management services. The firm focuses on equity, debt, and securities investments in healthcare real estate. It operates through the following segments: Direct Investment-Net Lease, Direct Investments-Operating, Unconsolidated Investments, and Debt Investments. The Direct Investments-Net Lease segment consists of healthcare properties operated under net leases with an operator. The Direct Investments-Operating segment pertains to healthcare properties operated pursuant to management agreements with healthcare managers. The Unconsolidated Investments segment consists of healthcare joint ventures. The Debt Investments segment includes mortgage loans or mezzanine loans. The company was founded on October 5, 2010 and is headquartered in New York, NY.Market Cap
$74.3M
View Company Details
$74.3M
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Resignation of Chief Executive Officer, President and Vice Chairman; Appointment of Interim Chief Executive Officer and President On July 29, 2022, Ronald J. Jeanneault provided notice of his resignation as Chief Executive Officer, President and Vice Chairman and as a member of the board of directors (the "Board") of NorthStar Healthcare Income, Inc. ("NorthStar Healthcare"), effective as of August 12, 2022. The decision by Mr. Jeanneault was not a result of any disagreement with NorthStar Healthcare on any matter relating to NorthStar Healthcare's operations, policies or practices. On August 3, 2022, the Board appointed Ann B. Harrington as NorthStar Healthcare's Interim Chief Executive Officer and President, effective upon Mr. Jeanneault's resignation. Ms. Harrington, age 41, has been NorthStar Healthcare's General Counsel and Secretary since May 2016, and will continue to act as NorthStar Healthcare's General Counsel and Secretary. Ms. Harrington is also a Managing Director, General Counsel and Secretary of NRF Holdco, LLC, NorthStar Healthcare's sponsor, a position she has held since March 2022. Prior to this role, Ms. Harrington was a Managing Director, Deputy General Counsel of NorthStar Healthcare's former sponsor, DigitalBridge Group, Inc. (f/k/a Colony Capital, Inc. and NorthStar Asset Management Group Inc.), a position she held from March 2019 to February 2022, and previously served as Senior Vice President, Deputy General Counsel since January 2017 and as Senior Corporate Counsel from January 2015 to January 2017. Prior to joining NorthStar Asset Management Group Inc., Ms. Harrington served as an associate in the Corporate and Financial Services Group of Willkie Farr & Gallagher LLP from September 2008 through December 2014, where she advised public and private corporate clients with respect to capital markets transactions, mergers and acquisitions, securities laws compliance, corporate governance and other general corporate matters. Ms. Harrington holds a Bachelor of Arts from Princeton University and a Juris Doctor from The Ohio State University Moritz College of Law. 2
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