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Healthcare Realty Trust Announces Promotion to Executive Vice President – Operations

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Rhea-AI Summary

Healthcare Realty Trust has announced the appointment of Julie F. Wilson as its new Executive Vice President – Operations, effective July 1, 2021. Ms. Wilson, who has been with the company since 2001, will oversee its 228 properties and 3,000 tenants, managing a team of around 200 employees. The company, valued at approximately $5.9 billion, focuses on real estate associated with outpatient healthcare services across the U.S. This leadership change aims to enhance operations as the company continues to grow its real estate portfolio.

Positive
  • Julie F. Wilson appointed as Executive Vice President – Operations, bringing over 20 years of company experience.
  • Direct oversight of 228 properties and a team of 200 employees expected to improve operational efficiency.
  • Leadership change may provide fresh perspectives in managing tenant relationships and sustainability initiatives.
Negative
  • Potential concerns regarding continuity in management with Wilson's transition from a senior vice president role.

NASHVILLE, Tenn., May 17, 2021 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced Julie F. Wilson has been appointed as the Company’s Executive Vice President – Operations effective July 1, 2021. In this role, Ms. Wilson will have direct responsibility for operating the Company’s 228 properties and serving over 3,000 tenants. She will oversee approximately 200 property management and engineering employees, along with the Company’s technology services group, marketing team, and sustainability initiatives. She will report to Todd Meredith, President and Chief Executive Officer.

Ms. Wilson has been employed by the Company since 2001. She previously served as Senior Vice President, Leasing and Management. Prior to joining the Company, Ms. Wilson worked in investment banking and real estate brokerage.

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of March 31, 2021, the Company owned 228 real estate properties in 24 states totaling 16.5 million square feet and was valued at approximately $5.9 billion. The Company provided leasing and property management services to 13.1 million square feet nationwide.

Additional information regarding the Company can be found at www.healthcarerealty.com. Please contact the Company at 615.269.8175 to request a printed copy of this information.

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, 2020 under the heading "Risk Factors," and other risks described from time to time thereafter in the Company's SEC filings. Forward-looking statements represent the Company's judgment as of the date of this release. The Company disclaims any obligation to update forward-looking statements.

Carla Baca
Associate Vice President, Investor Relations
P: 615.269.8175


FAQ

Who is the new Executive Vice President of Operations for Healthcare Realty Trust?

Julie F. Wilson has been appointed as the new Executive Vice President – Operations, effective July 1, 2021.

What are Julie F. Wilson's responsibilities at Healthcare Realty Trust?

She will oversee the operations of the company's 228 properties and manage around 200 employees in property management and engineering.

How long has Julie F. Wilson been with Healthcare Realty Trust?

Julie F. Wilson has been employed with the company since 2001.

What is the current valuation of Healthcare Realty Trust?

As of March 31, 2021, Healthcare Realty Trust was valued at approximately $5.9 billion.

What type of properties does Healthcare Realty Trust manage?

The company manages income-producing real estate properties primarily associated with outpatient healthcare services across the United States.

Healthcare Realty Trust Incorporated

NYSE:HR

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5.94B
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REIT - Healthcare Facilities
Real Estate Investment Trusts
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United States of America
NASHVILLE