Medical Properties Trust Announces Senior Leadership Promotions

Rhea-AI Summary

Medical Properties Trust (NYSE: MPW) has announced the promotion of three key executives to Senior Vice President roles. Rosa Hooper will lead Operations and continue asset management. Kevin Hanna takes on the role of SVP – Controller and Chief Accounting Officer. Larry Portal becomes SVP – Senior Advisor to the CEO. CEO Edward K. Aldag Jr. expressed pride in these appointments, highlighting their contributions over the past decade. Founded in 2003 and based in Birmingham, Alabama, MPT has grown to own 444 hospital facilities across ten countries, supporting operators in unlocking value for improvements.

Positive

• Appointment of Rosa Hooper as SVP of Operations shows internal growth and leadership continuity.
• Promotion of Kevin Hanna to SVP – Controller and Chief Accounting Officer strengthens financial governance.
• Larry Portal's role as SVP – Senior Advisor to the CEO indicates a strategic focus on leadership.

Negative

• None.

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the appointment of three current members of its leadership team to the role of Senior Vice President.

• Rosa Hooper will serve as Senior Vice President (“SVP”) of Operations, assuming leadership of all business operations while continuing to lead MPT’s asset management and underwriting functions. Ms. Hooper will also assume the role of Assistant Secretary.
• Kevin Hanna will serve as SVP – Controller and Chief Accounting Officer.
• Larry Portal will serve as SVP – Senior Advisor to the CEO.

“It is an honor to elevate these experienced and proven leaders to more prominent roles within our organization,” said Edward K. Aldag, Jr., Chairman, President and Chief Executive Officer. “This group has been central to our decision-making process for more than a decade, and their appointment as senior officers of the company is a testament to MPT’s depth of talent and commitment to the professional growth of its people.”

About Medical Properties Trust, Inc.

Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world’s largest owners of hospital real estate with 444 facilities and approximately 45,000 licensed beds in ten countries and across four continents. MPT’s financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations. For more information, please visit the Company’s website at www.medicalpropertiestrust.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230314006031/en/

Drew Babin, CFA, CMA

Senior Managing Director – Corporate Communications

Medical Properties Trust, Inc.

(646) 884-9809

dbabin@medicalpropertiestrust.com

Source: Medical Properties Trust, Inc.

FAQ

Who are the newly appointed Senior Vice Presidents at Medical Properties Trust?

Rosa Hooper, Kevin Hanna, and Larry Portal have been appointed as Senior Vice Presidents.

What roles have Rosa Hooper and Kevin Hanna taken on at Medical Properties Trust?

Rosa Hooper has become SVP of Operations, while Kevin Hanna is now SVP – Controller and Chief Accounting Officer.

When was Medical Properties Trust founded?

Medical Properties Trust was founded in 2003.

How many hospital facilities does Medical Properties Trust own?

Medical Properties Trust owns 444 hospital facilities across ten countries.

What is the stock symbol for Medical Properties Trust?

The stock symbol for Medical Properties Trust is MPW.