Capital Senior Living executives said they are “operating with a tremendous sense of urgency,” in a “challenging” environment Thursday as they released second-quarter results, but they expressed confidence in actions the company is taking to improve performance.
HCP executives provided an update on the real estate investment trust’s relationships with Brookdale Senior Living, Capital Senior Living and other operators, as well as future plans, Wednesday during a presentation at the REITweek Investor Conference.
Appointments and promotions at Altum Senior Living, Capital Senior Living, Health Dimensions Group, Lifespace and WesleyLife.
Private equity firm TPG has been pursuing Capital Senior Living as an acquisition target over the past several months, but the senior living operator is not interested, Bloomberg reported Friday.
Early results look promising with Capital Senior Living’s shift to compensating its sales professionals based on their meeting revenue targets rather than move-in goals, President and CEO Kimberly S. Lody said Thursday.
Capital Senior Living shareholder Cove Street Capital plans to vote against all three people up for election or re-election to the senior living company’s board at its May 14 annual meeting of stockholders “to send a simple message about the state and stewardship of our investment.”
Capital Senior Living’s strategy to improve the company’s operating performance includes replacing the chief operating officer, hiring a chief revenue officer, eliminating 250 non-caregiver positions and restructuring the sales and marketing function, among other moves, President and CEO Kimberly S. Lody said Thursday morning during the company’s fourth-quarter and full-year 2018 earnings call.
Chief Operating Officer Brett D. Lee is out at Capital Senior Living Corp., effective immediately, the company announced Thursday morning. New CEO Kimberly Lody said the company was “deeply disappointed” in the company’s financial performance.
Days after Capital Senior Living named a new president and CEO, a shareholder is calling for board-level changes at the Dallas company to improve financial results.
Kimberly S. Lody has been appointed president and CEO of Dallas-based Capital Senior Living Corp., effective immediately, the company announced Tuesday morning. Read our exclusive interview.
