LOUISVILLE, Ky., Oct. 2 /PRNewswire-FirstCall/ -- Ventas, Inc. ("Ventas" or the "Company") said today that its Board of Directors has appointed Audit and Compliance Committee member Ronald G. Geary to be Chair of that Committee. In addition, the Board appointed Douglas Crocker II, presiding director of the Board, to fill the vacancy on that Committee caused by the recent death of the Committee's former Chair, Christopher T. Hannon.
The Company's Audit Committee will now be composed of Geary (Chair) and members Crocker and Sheli Z. Rosenberg. Consistent with the Charter of the Audit Committee, all three Audit Committee members are independent under the New York Stock Exchange and Securities and Exchange Commission rules.
"We are grateful to Ron and Doug for taking on these additional, important committee responsibilities," Ventas Chairman, President and Chief Executive Officer Debra A. Cafaro said.
The Company said it has initiated a search to fill its board vacancy.
Ventas, Inc. is a leading healthcare real estate investment trust. Its diverse portfolio of properties located in 43 states and two Canadian provinces includes seniors housing communities, skilled nursing facilities, hospitals and medical office and other properties. More information about Ventas can be found on its website at http://www.ventasreit.com/.
