The National Investment Center for Seniors Housing & Care announced a new president and CEO on Wednesday. It’s someone not new to NIC, however.
Raymond W. Braun, a former board member and previous chair of NIC, will become president and CEO, the organization said. Braun most recently was dean of the Allen W. and Carol M. Schmidthorst College of Business at Bowling Green State University, Bowling Green, OH.
He succeeds Brian Jurutka, who will remain as a senior adviser to NIC. No reason was given for Jurutka’s departure as leader, and Braun was not available for an interview, a NIC spokesperson told McKnight’s Senior Living.
“We are pleased to welcome Ray back,” NIC Board Chair Kurt Read said in a statement. “With his deep experience in the housing and care sector for seniors, and his demonstrated ability to lead, Ray is well-suited to steer NIC and its industry and advocacy partners through unprecedented opportunities to improve the lives of older adults.”
Jurutka joined NIC in 2015, coming from comScore Inc., a digital analytics company where he was senior vice president of the wireless operator analytics division. Before that, he managed Capital One’s Direct Banking’s first deposit product partnership and oversaw strategic partnerships.
“Brian guided NIC during a challenging time when the pandemic dramatically impacted the senior living sector,” Read said. “He led the successful acquisition of Vision LTC and the subsequent launch of NIC MAP Vision as the premier data company serving the senior housing and care sector. We are grateful for his service.”
In addition to the deanship he held for 10 years, Braun previously worked as an attorney and leader of real estate investment trusts Cogdell Spencer and Health Care REIT, now known as Welltower.
“With older adults living longer and more independently while managing a range of chronic conditions, this is a time of change, challenge and opportunity for housing and healthcare sectors,” Braun said. “I look forward to working with many different stakeholders to serve the next generation of older adults in ways that meet their unique needs for housing and care.”
NIC, a 501(c)(3) organization, provides data and analytics in an effort to bring together investors and senior living and skilled nursing providers.