STOCK TITAN

NHI Announces the Appointment of Tracy M. J. Colden to the Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

National Health Investors (NYSE:NHI) announced the appointment of Tracy M.J. Colden to its Board of Directors effective June 1, 2022. Ms. Colden brings over 30 years of experience in the hospitality and lodging industry, currently serving as General Counsel and Executive Vice President at Playa Hotels & Resorts. Her background includes legal and governance expertise in real estate and financial matters, having held senior roles at Highland Hospitality and Crestline Capital. This addition will increase the board size to eight members, enhancing the board's capabilities and support for shareholders.

Positive
  • Tracy Colden's extensive experience in legal, governance, and financial matters will enhance board capabilities.
  • The appointment may provide fresh perspectives that support strategic decision-making.
  • Increasing the board size to eight members may improve oversight and governance.
Negative
  • The transition period may pose continuity challenges as new board members integrate.

MURFREESBORO, TN / ACCESSWIRE / May 3, 2022 / National Health Investors, Inc. (NYSE:NHI) announced that Tracy M.J. Colden will join the NHI Board of Directors effective June 1, 2022.

Ms. Colden has more than 30 years of experience in the hospitality and lodging industry and is currently General Counsel, Executive Vice President and Corporate Secretary with Playa Hotels & Resorts N. V. (NASDAQ:PLYA), a leading owner, operator and developer of all-inclusive resorts in Mexico and the Caribbean. Ms. Colden served as General Counsel, Executive Vice President and Corporate Secretary at Highland Hospitality Corporation and Crestline Capital Corporation. Prior to joining Crestline Capital, Ms. Colden was an Assistant General Counsel at Host Marriott Corporation (now Host Hotels & Resorts, Inc.) and was previously in private practice. Ms. Colden received her Bachelor of Business Administration from the University of Michigan and a Juris Doctor from the University of Virginia School of Law. Ms. Colden is a Certified Public Accountant (inactive) and is a member of the District of Columbia, Florida and Michigan (emeritus status) bars.

Eric Mendelsohn, NHI's President, CEO and Board Member commented, "We are delighted to welcome Tracy to the NHI Board of Directors. Tracy's extensive background in real estate with particular expertise in legal, governance, ESG and financial matters will immediately add value to our Company and shareholders. We look forward to the unique perspective she will bring to our Board."

The addition of Ms. Colden will increase the total number of directors from seven to eight.

About NHI

Incorporated in 1991, National Health Investors, Inc. (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals. For more information, visit www.nhireit.com.

Contact:

Dana Hambly, Vice President, Finance and Investor Relations
Phone: (615) 890-9100

SOURCE: National Health Investors



View source version on accesswire.com:
https://www.accesswire.com/699968/NHI-Announces-the-Appointment-of-Tracy-M-J-Colden-to-the-Board-of-Directors

FAQ

Who is Tracy M.J. Colden and what is her background?

Tracy M.J. Colden has over 30 years of experience in the hospitality industry and is currently General Counsel and Executive Vice President at Playa Hotels & Resorts.

What impact will Tracy Colden's appointment have on NHI?

Her legal and financial expertise is expected to enhance NHI's board capabilities and provide fresh insights supporting company strategies.

When will Tracy Colden officially join the NHI Board?

Tracy Colden will officially join the NHI Board of Directors on June 1, 2022.

How will the NHI Board composition change with this appointment?

With Tracy Colden's appointment, the NHI Board will increase from seven to eight members.

National Health Investors

NYSE:NHI

NHI Rankings

NHI Latest News

NHI Stock Data

3.54B
43.30M
4.67%
68.05%
3.09%
REIT - Healthcare Facilities
Real Estate Investment Trusts
Link
United States of America
MURFREESBORO