{"id":13114,"date":"2024-12-08T18:27:31","date_gmt":"2024-12-09T00:27:31","guid":{"rendered":"https:\/\/1reason.com\/re\/healthcare-realty-trust-announces-ceo-transition\/13114\/"},"modified":"2024-12-09T12:27:31","modified_gmt":"2024-12-09T18:27:31","slug":"healthcare-realty-trust-announces-ceo-transition","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/healthcare-realty-trust-announces-ceo-transition\/13114\/","title":{"rendered":"Healthcare Realty Trust Announces CEO Transition"},"content":{"rendered":"
, Nov. 12, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (\u201cHealthcare Realty\u201d or the \u201cCompany\u201d) today announced that Todd Meredith will step down as President and Chief Executive Officer (\u201cCEO\u201d) and as a member of the Board of Directors (\u201cboard\u201d), effective immediately. The board has appointed Constance \u201cConnie\u201d Moore, current Healthcare Realty board member and former President and CEO of BRE Properties, Inc., as interim President and CEO, effective immediately. <\/p>\n

\u201cOn behalf of the board and the Company, I want to thank Todd for his 23 years of dedicated service to Healthcare Realty, eight of which he spent as President and CEO,\u201d said Knox Singleton, Chairman of the Board for Healthcare Realty. \u201cWe wish him well in his future endeavors.\u201d<\/p>\n

\u201cThe Board of Directors of Healthcare Realty is committed to taking actions it believes will drive long-term shareholder value,\u201d said Connie Moore. \u201cI look forward to executing on the Company\u2019s strategic initiatives in my role as interim President and CEO.\u201d<\/p>\n

Mr. Singleton added, \u201cThe board remains highly confident in our current strategic direction. Our management team has a tremendous depth of individuals with solid abilities to execute against the Company\u2019s strategic plan. As a group, they offer decades of real estate industry investing, management and operational experience. We are confident in the Company\u2019s trajectory and believe now is the time to seek out new leadership to position the Company for its next chapter of growth to drive long-term value for our shareholders.\u201d<\/p>\n

The board has formed a committee to oversee the permanent President and CEO search and intends to engage a leading executive search firm to assist in the process. Additionally, the board has reduced its size from 12 to 11 members.<\/p>\n

ABOUT HEALTHCARE REALTY TRUST<\/p>\n

Healthcare Realty is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty\u2019s portfolio includes nearly 675 properties totaling approximately 40 million square feet concentrated in 15 growth markets. Additional information regarding the Company can be found at www.healthcarerealty.com.<\/p>\n

CONTACTS
Media:<\/p>\n

Charlie Koons \/ Craig Singer
chkoons@brunswickgroup.com<\/a>
csinger@brunswickgroup.com<\/a>
Tel: 212.333.3810<\/p>\n

Investors:<\/p>\n

Ron Hubbard
Vice President, Investor Relations
P: 615.269.8290<\/p>\n\n\n
<\/tr>\n<\/table>\n

Additional information regarding the Company, including this quarter’s operations, can be found at www.healthcarerealty.com<\/a>.<\/p>\n

In addition to the historical information contained within, the matters discussed in this press release may contain forward-looking statements that involve risks and uncertainties. These risks are discussed in filings with the Securities and Exchange Commission by Healthcare Realty Trust, including its Annual Report on Form 10-K for the year ended December 31, 2023 under the heading \u201cRisk Factors,\u201d and as updated in its Quarterly Reports on Form 10-Q filed thereafter. Forward-looking statements represent the Company\u2019s judgment as of the date of this release. The Company disclaims any obligation to update forward-looking statements.<\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

\n

Constance Moore appointed interim President and Chief Executive Officer, effective immediately<\/p>\n

Todd Meredith to step down<\/p>\n

Board intends to engage a leading executive search firm to help identify permanent successor<\/p>\n

NASHVILLE, Tenn.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/13114"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=13114"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/13114\/revisions"}],"predecessor-version":[{"id":13192,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/13114\/revisions\/13192"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=13114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=13114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=13114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}