Sabra Health Care REIT Appoints Ann Kono to Board of Directors

Rhea-AI Summary

Sabra Health Care REIT, Inc. (Nasdaq: SBRA) has appointed Ann Kono to its Board of Directors. Kono, CEO of Leda Advisory Group, brings over 20 years of finance industry experience, including leadership roles at Ares Management Corporation. Kono's expertise includes data analytics and ESG, positioning her to enhance Sabra's Board effectively. CEO Rick Matros praised her unique skill set and emphasized the importance of culture and chemistry in the Board's dynamics. Sabra remains focused on real estate investments in the healthcare sector across the U.S. and Canada.

Positive

• Ann Kono's extensive experience in finance and data analytics strengthens the Board.
• Her leadership roles indicate a potential for improved governance and strategic direction.
• Kono's background in ESG may enhance Sabra's sustainability initiatives.

Negative

• None.

Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) today announced the appointment of Ann Kono to its Board of Directors.

Ms. Kono currently serves as the chief executive officer of Leda Advisory Group, a management consulting firm she founded in January 2019 that partners with startup companies to advise on growth and scale. Prior to founding Leda, Ms. Kono spent 11 years at Ares Management Corporation, where she held the position of Chief Information and Risk Officer, and oversaw Operational, Investment and Enterprise Risks. Ms. Kono also serves on the board of directors of Stable Road Acquisition Company, a position she has held since 2019.

Ms. Kono has over 20 years of experience in the finance industry focused on operational scale and digital transformation. She also serves as the diversity and inclusion committee chair for CFA Society of Los Angeles. Ms. Kono regularly speaks on industry panels on topics including early stage growth, technology innovation and female leadership.

Ms. Kono holds an MBA from the University of Southern California Marshall School of Business and a BS in Finance from Boston University. She also serves in a volunteer capacity as a board and committee member of Junior Achievement of Southern California, a non-profit organization dedicated to educating students about entrepreneurship and financial literacy.

Commenting on Ms. Kono’s appointment to the Board, Rick Matros, CEO and Chairman, said, “Ann brings a unique skill set to the Sabra Board given her leadership level experience in data analytics and ESG in addition to her other notable skill sets. As always with Sabra, culture and chemistry is critical and it was immediately apparent that Ann would complement and enhance the Board in that regard. We look forward to her contributions to our company.”

About Sabra

Sabra operates as a self-administered, self-managed real estate investment trust (a “REIT”) that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201221005116/en/

FAQ

Who is Ann Kono and what is her role at Sabra?

Ann Kono is the newly appointed board member of Sabra Health Care REIT, with extensive experience in finance and management consulting.

What experience does Ann Kono bring to Sabra?

Kono brings over 20 years of finance experience, including roles as CEO of Leda Advisory Group and Chief Information and Risk Officer at Ares Management.

What did CEO Rick Matros say about Ann Kono's appointment?

Rick Matros noted that Kono's unique skill set complements the Board's needs and emphasized the importance of culture and chemistry.

When did Ann Kono join Sabra's Board of Directors?

Ann Kono was appointed to Sabra's Board of Directors recently, as announced in the press release.

What are the implications of Ann Kono's appointment for Sabra stockholders?

Her appointment is expected to bring fresh insights and governance improvements, potentially benefiting long-term stockholder value.