Healthcare Realty Names Peter A. Scott President and Chief Executive Officer
Healthcare Realty Trust (NYSE:HR) has appointed Peter A. Scott as President and Chief Executive Officer, effective April 15, 2025. Scott, who served as CFO of Healthpeak Properties since 2017, brings extensive healthcare real estate experience to the role. At Healthpeak, he led key initiatives including a $5 billion strategic merger with Physicians Realty Trust and achieved $50 million in year-one synergies.
Scott will succeed Connie Moore, who served as Interim President and CEO since November 2024 and will continue on the Board. Prior to Healthpeak, Scott held positions at Barclays, Credit Suisse, and Lehman Brothers. His appointment follows an extensive search process by the Board, who cited his proven leadership and deep industry relationships as key factors in their decision.
Healthcare Realty Trust (NYSE:HR) ha nominato Peter A. Scott come Presidente e Amministratore Delegato, con effetto dal 15 aprile 2025. Scott, che ha ricoperto il ruolo di CFO di Healthpeak Properties dal 2017, porta con sé una vasta esperienza nel settore immobiliare sanitario. Presso Healthpeak, ha guidato iniziative chiave, tra cui una fusione strategica da 5 miliardi di dollari con Physicians Realty Trust, ottenendo sinergie per 50 milioni di dollari nel primo anno.
Scott succederà a Connie Moore, che ha ricoperto il ruolo di Presidente e CEO ad interim da novembre 2024 e continuerà a far parte del Consiglio. Prima di Healthpeak, Scott ha ricoperto posizioni presso Barclays, Credit Suisse e Lehman Brothers. La sua nomina segue un ampio processo di ricerca da parte del Consiglio, che ha citato la sua comprovata leadership e le profonde relazioni nel settore come fattori chiave nella loro decisione.
Healthcare Realty Trust (NYSE:HR) ha nombrado a Peter A. Scott como Presidente y Director Ejecutivo, con efecto a partir del 15 de abril de 2025. Scott, quien se desempeñó como CFO de Healthpeak Properties desde 2017, aporta una amplia experiencia en el sector inmobiliario de salud al cargo. En Healthpeak, lideró iniciativas clave, incluyendo una fusión estratégica de 5 mil millones de dólares con Physicians Realty Trust y logró sinergias de 50 millones de dólares en el primer año.
Scott sucederá a Connie Moore, quien ha sido Presidente y CEO interina desde noviembre de 2024 y continuará en la Junta. Antes de Healthpeak, Scott ocupó cargos en Barclays, Credit Suisse y Lehman Brothers. Su nombramiento sigue a un extenso proceso de búsqueda por parte de la Junta, que citó su liderazgo comprobado y sus profundas relaciones en la industria como factores clave en su decisión.
Healthcare Realty Trust (NYSE:HR)는 Peter A. Scott을 2025년 4월 15일부로 사장 겸 CEO로 임명했습니다. Scott은 2017년부터 Healthpeak Properties의 CFO로 재직하며 의료 부동산 분야에서 폭넓은 경험을 쌓아왔습니다. Healthpeak에서 그는 Physicians Realty Trust와의 50억 달러 규모의 전략적 합병을 포함한 주요 이니셔티브를 이끌었고, 첫 해에 5천만 달러의 시너지를 달성했습니다.
Scott은 2024년 11월부터 임시 사장 겸 CEO로 재직 중인 Connie Moore의 뒤를 잇게 되며, 이사회에도 계속 남을 것입니다. Healthpeak 이전에 Scott은 Barclays, Credit Suisse 및 Lehman Brothers에서 근무했습니다. 그의 임명은 이사회의 광범위한 검색 프로세스를 거쳐 이루어진 것으로, 이사회는 그의 입증된 리더십과 깊은 산업 관계를 결정의 주요 요소로 언급했습니다.
Healthcare Realty Trust (NYSE:HR) a nommé Peter A. Scott au poste de Président et Directeur Général, à compter du 15 avril 2025. Scott, qui a été CFO de Healthpeak Properties depuis 2017, apporte une vaste expérience dans le domaine de l'immobilier de santé à ce poste. Chez Healthpeak, il a dirigé des initiatives clés, y compris une fusion stratégique de 5 milliards de dollars avec Physicians Realty Trust et a réalisé des synergies de 50 millions de dollars au cours de la première année.
Scott succédera à Connie Moore, qui a occupé le poste de Président et CEO par intérim depuis novembre 2024 et continuera à siéger au Conseil. Avant de rejoindre Healthpeak, Scott a occupé des postes chez Barclays, Credit Suisse et Lehman Brothers. Sa nomination fait suite à un processus de recherche approfondi mené par le Conseil, qui a cité son leadership avéré et ses relations approfondies dans l'industrie comme des facteurs clés de leur décision.
Healthcare Realty Trust (NYSE:HR) hat Peter A. Scott mit Wirkung zum 15. April 2025 zum Präsidenten und CEO ernannt. Scott, der seit 2017 CFO von Healthpeak Properties war, bringt umfassende Erfahrung im Gesundheitsimmobilienbereich in diese Rolle ein. Bei Healthpeak leitete er wichtige Initiativen, darunter eine strategische Fusion im Wert von 5 Milliarden Dollar mit Physicians Realty Trust, und erzielte im ersten Jahr Synergien in Höhe von 50 Millionen Dollar.
Scott wird Connie Moore nachfolgen, die seit November 2024 als Interim-Präsidentin und CEO tätig war und weiterhin im Vorstand bleiben wird. Vor seiner Zeit bei Healthpeak hatte Scott Positionen bei Barclays, Credit Suisse und Lehman Brothers inne. Seine Ernennung folgt auf einen umfangreichen Suchprozess des Vorstands, der seine nachgewiesene Führungskompetenz und tiefen Branchenbeziehungen als entscheidende Faktoren für ihre Entscheidung anführte.
- Appointment of experienced healthcare REIT executive with proven track record in strategic mergers and acquisitions
- New CEO's previous success in achieving $50M synergies, exceeding forecasts by $10M
- Demonstrated expertise in balance sheet improvement and debt reduction
- None.
Insights
Healthcare Realty's appointment of Peter Scott as CEO represents a strategic leadership shift with potentially significant implications. Scott brings valuable experience from Healthpeak Properties, where he served as CFO of a substantially larger healthcare REIT with
Scott's track record includes orchestrating a
His investment banking background at Barclays, Credit Suisse, and Lehman Brothers provides valuable capital markets expertise at a time when interest rates and capital allocation strategies are crucial for REITs. The board's decision to conduct an "extensive and rigorous search process" before selecting Scott signals HR's commitment to finding the right strategic leader rather than simply promoting internally.
Most telling is Scott's mention of "accelerating momentum" in his statement, suggesting potential initiatives to drive growth beyond HR's current trajectory. Given his background in M&A and capital restructuring, investors should monitor for potential strategic shifts, acquisition opportunities, or balance sheet optimization in coming quarters.
NASHVILLE, Tenn., April 07, 2025 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) (“Healthcare Realty” or the “Company”) today announced that its Board of Directors (“Board”) has unanimously appointed Peter A. Scott to be the Company’s President and Chief Executive Officer following an extensive and rigorous search process. He will be based at the Company’s Nashville headquarters and assume his new role on April 15, 2025. Mr. Scott is expected to be added to the Board following the Company’s 2025 annual meeting of stockholders.
Since 2017, Mr. Scott served as Chief Financial Officer of Healthpeak Properties, Inc., an S&P 500 company with approximately
Connie Moore, who has served as Interim President and CEO of the Company since November 2024, will transition out of that role and continue to serve on the Board.
Director Glenn Rufrano, chair of the Board’s CEO search committee, said, “Pete has a proven track record of leadership and success throughout his career, first as a real estate investment banker and then as the CFO of a well-regarded healthcare REIT focused on outpatient medical properties. With deep experience and strong relationships with health systems and investors in our industry, and a thorough understanding of the drivers of our business, we are confident that he is best placed to build further on Healthcare Realty’s strong foundation and lead the Company into its next chapter of growth.”
Commenting on his appointment, Mr. Scott said, “I am honored to have been chosen to lead Healthcare Realty and excited to get started. The Company has a premier outpatient medical real estate platform with superior scale, growth and demographics, leading leasing performance, and favorable secular trends. I look forward to working with the team to further accelerate momentum and to deliver value to all our stakeholders.”
Thomas N. Bohjalian, Independent Chair of the Board, said, “Pete is a veteran decision maker regarding matters of corporate strategy and capital allocation and is well prepared to take on this role. I also want to thank Connie for her service as Interim President and CEO and for seamlessly leading the Company during this management transition. We look forward to her continued insight and guidance as a member of the Board of Directors.”
Ferguson Partners assisted the Board of Directors in the CEO search process.
Peter A. Scott Biographical Information
Mr. Scott has been Chief Financial Officer of Healthpeak Properties, Inc. since February 2017. While at Healthpeak, he was instrumental in completing:
- a
$5 billion strategic merger with Physicians Realty Trust, creating an outpatient medical real estate platform consisting of 40 million square feet, and achieving$50 million of year-one synergies, exceeding initial forecast by$10 million ; - the substantial restructuring of the platform through approximately
$12 billion of non-core asset sales with$9 billion re-invested into acquisitions focused on the outpatient medical and lab business segments; and - a significant improvement in the balance sheet by reducing net debt to EBITDA approximately two turns resulting in upgrades from the three major credit rating agencies.
Prior to joining Healthpeak, he served as a Managing Director in the Real Estate Investment Banking Group at Barclays, a financial services firm listed on the London Stock Exchange, from 2014 to 2017. While at Barclays, Mr. Scott advised Healthpeak (then HCP) on its
About Healthcare Realty
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’s portfolio includes over 650 properties totaling over 38 million square feet concentrated in 15 growth markets. Additional information regarding the Company can be found at www.healthcarerealty.com.
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Forward-Looking Statements
This press release contains certain forward-looking statements with respect to the Company. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially and in adverse ways from those expressed or implied by such forward-looking statements. Additional information concerning the Company and its business, including additional factors that could materially and adversely affect the Company’s financial results, include, without limitation, the risks described under Part I, Item 1A - Risk Factors, in the Company’s 2024 Annual Report on Form 10-K and in its other filings with the SEC.
FAQ
When will Peter Scott start as CEO of Healthcare Realty Trust (HR)?
What were Peter Scott's major achievements at Healthpeak Properties before joining HR?
Who did Peter Scott replace as CEO of Healthcare Realty (HR)?
Will Peter Scott join Healthcare Realty's Board of Directors?
