Find contact details for 700 million professionals. https://www.businesswire.com/news/home/20201213005046/en/. 555 W Middlefield Rd, Mountain View, CA 94043 is Shankha's old address. We have created something unique at Welltower, and as a result, have become the leading health and wellness real estate platform. Chief Executive Officer & Chief Investment Officer. (703) 894-1805. Shankh Mitra has been associated with twenty-four companies, according to public records. and the actions you performed just before this error. This could lead to lower occupancies and rent roll down as long-term customers are replaced with new customers at lower rates. Storage, Public "Welltower will continue to strive to be the premier wellness infrastructure company that allocates capital in the path of . The communities will be operated by StoryPoint Senior Living under a new triple-net master lease. When Welltower uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "pro forma," "estimate" or similar expressions that do not relate solely to historical matters, Welltower is making forward-looking statements. From July 2013 to December 2015, Mr. Mitra served as Portfolio Manager, Real Estate Securities at Millennium Management. "The answer to that question is an emphatic no," he told analysts. Possible related people for Shankha Mitra include Rishika Elizabeth Kammerman, Deirdre Durbin Mitra, Devi Mitra, Shomya Graham Mitra, Shyamali Mitra. Shankh Mitra has been promoted to CEO of Welltower and will join the company's board of directors effective immediately, the real estate investment trust announced late Monday.. Mitra, who has been serving as vice chair, chief operating officer and chief investment officer, succeeds Thomas J. DeRosa, who is stepping down as chairman and CEO after leading Welltower for more than six years. Mr. Mitra will retain his CIO title and continue to lead Welltowers data analytics-driven capital allocation and operator relationships. Mr. Bacon is a member of the Board of Directors of Comcast Corporation having previously served as Lead Independent Director and Ally Financial Inc. Shankh Mitra. On behalf of the entire board of directors, I want to sincerely thank Tom for his lasting contributions to the company. In April, we elevated Shankh to the roles of Vice Chair and COO with the intent that he would ultimately succeed Tom as CEO. Mr. Mitra is the Chief Executive Officer and Chief Investment Officer of Welltower Inc., and serves on the Companys Board of Directors. Welltower Appoints Shankh Mitra Chief Executive Officer, Healthcare Apprenticeship Expansion Program. Mr. Mitra received an MBA from Columbia Business School specializing in Applied Value Investing and a bachelor's degree in Engineering from Jadavpur University. degree from the London School of Economic and Political Science, and a bachelors degree in Anthropology fromStanford University. Our headquarters are located in Glendale, California. Copyright Wolf Marketing & Media LLC 2002-2023 Healthcare Real Estate Insights. There is no executive better suited to lead Welltower at this critical juncture. View Bio. We have the utmost confidence in Shankhs strategic vision and leadership and believe he is the right person to guide Welltower as it continues to successfully navigate the current environment and pursue the exciting next phase of growth for the Company., Mr. Mitra said, I am humbled and honored to serve as CEO of Welltower and to lead this remarkable team as we embark on the next chapter of our journey. degree from the London School of Economic and Political Science, and a bachelor's degree in Anthropology from Stanford University. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause Welltowers actual results to differ materially from Welltowers expectations discussed in the forward-looking statements. The most active insiders traders include Timothy J Naughton, R Scott Trumbull, and Philip L Hawkins. The answer to that question is an emphatic no, he told analysts. Shankh Mitra, David Neithercut, and Paul Williams Bring Significant Financial, Real Estate Investing, and Corporate Governance Expertise and Leadership Experience Public Storage (NYSE:PSA) announced today the appointment of three new members to its Board of Trustees, effective January 1, 2021, including: Shankh Mitra, Chief Executive Officer, Chief Investment Officer and director of Welltower . While COVID-19 has presented us with many challenges, the past six months have underscored Welltowers core value proposition: to serve as a strategic, nimble and creative capital allocator by leveraging our operator relationships and data platform. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Eight of the companies are still active while the remaining sixteen are now listed as inactive. In this role, Mr. Bacon will lead the Board and partner with Mr. Mitra and the leadership team as they execute the Company's strategy to create long-term shareholder value. The companies were formed over a thirty-three year period with the most recent being incorporated five months ago in February of 2022. DeRosa is stepping down as Chairman and CEO after leading Welltower . https://welltower.com/october-business-update, Total SHO portfolio occupancy declined approximately 30 basis points (bps) during September to approximately 78.4% as of, Experienced consecutive occupancy increases during the last two weeks of September, marking the first period of back-to-back occupancy gains since the start of the pandemic, Total SHO portfolio occupancy declined approximately 150 basis points during the third quarter from approximately 79.9% to 78.4%, as compared to our outlook of -125-175bps, Triple-Net portfolio: collected 98% of rent due in third quarter of 2020, Outpatient Medical portfolio: 93.6% portfolio occupancy at, Since previous update, announced seniors housing and outpatient medical dispositions totaling over. He received an MBA fromHarvard Business School, a master of science degree from the London School of Economic and Political Science, and a bachelors degree in anthropology fromStanford University. Our need-based product will likely see meaningful traction and demand.. international 9200i parts / shankh mitra wife. Mr. Bacon is a co-founder of RailField Realty Partners, a financial advisory and asset management firm. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://welltower.com/october-business-update. WELLTOWER INC. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Salary: $1,000,039: Bonus: $0: Value of Stock Awards: $5,999,991: Value of Option Awards: $1,500,088: Non-Equity Incentive Plan Compensation: $3,920,000: Change in . We are encouraged by the relative stabilization of our operating performance and incredibly excited about the opportunity to deploy capital in attractive investment opportunities. A Date On Wheels - Shankha Mitra - YouTube Raghav Belavadi and Shankha Mitra jump in the car and head out to beat the stress in their new Ferrari 488 GTB. The estimated Net Worth of Shankh Mitra is at least $6.2 Million dollars as of 26 April 2022. After the end of the quarter, in October, the company closed in the first tranche, including 11 properties, for $90 million. For its 2021 fiscal year, WELLTOWER INC., listed the following CEO pay ratio data on its annual proxy statement to the SEC. Further, these highly-qualified new Trustees bring diverse backgrounds and experiences, and they have a demonstrated focus on sustainable value-creation, which will support the Boards and managements strategy to promote the long-term resilience of our business and enhance shareholder value. Shankh Mitra joined Welltower in 2016. Mr. Mitra owns over 1,666 units of Welltower stock worth over $467,943 and over the last 5 years he sold WELL stock worth over $0. Shankha is a resident of 13637 Sheila Lynn Crt, Dade City, FL 33525-4514. We have created something unique at Welltower, and as a result, have become the leading health and wellness real estate platform. Mitra said Welltower has more than $1 billion of acquisitions in its pipeline and that they represent a wide range of transactions. Biography of Shankh Mitra Mr. Shankh Mitra is an Independent Trustee at Public Storage, a Director, Chief Executive & Investment Officer at Welltower, Inc. and a Member-Real Estate & Infrastructure Counsel at The World Economic Forum USA, Inc. Welltower executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. ", Mr. Mitra said, "I am humbled and honored to serve as CEO of Welltower and to lead this remarkable team as we embark on the next chapter of our journey. There are 14 older and 2 younger executives at Welltower. The information shown here is a reporting of information included in the company's proxy statement. While COVID-19 has presented us with many challenges, the past six months have underscored Welltowers core value proposition: to serve as a strategic, nimble and creative capital allocator by leveraging our operator relationships and data platform. Forward-Looking Statements and Risk Factors. The REIT also reported that 96% of its communities are accepting new residents. In this role, Bacon will lead the board and partner with Mitra and the leadership team as they execute the companys strategy to create long-term shareholder value. 2020 Public Storage. Mr. Bacon joined Welltowers Board of Directors in 2016. Mitra promised more personnel announcements. {{ userNotificationState.getAlertCount('bell') }}. This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Bacon is a co-founder of RailField Realty Partners, a financial advisory and asset management firm. No credit card required. These forward-looking statements speak only as of the date of this press release. Mitra who has been serving as Vice Chair, Chief Operating Officer, and Chief Investment Officer is succeeding Thomas J. DeRosa. from 8 AM - 9 PM ET. As a veteran of the REIT space, I recognize the strength of Public Storages business and financial foundation, as well as the talent of the management team and Board. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in major, high growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. Request an invite to Revere to access this complete profile and connect with 500+ development firms today. In addition, he makes $5,728,140 as Chief Executive Officer, Chief Investment Officer, and Director at Welltower. With our highly-motivated team and an ultra-strong balance sheet, we are well positioned to drive significant long-term value for shareholders., Mr. Bacon added, I am honored to be named Chairman and look forward to working with Shankh and the rest of the highly-experienced leadership team and Board to build upon the foundation Tom laid and deliver significant per-share growth to our shareholders. shankh mitra wifethirteen days cast Posted by on December 20, 2021 (In this Subhashita author by the use of a Simile, friendship with . document.addEventListener( 'DOMContentLoaded', function () {const newsletterAsset = new HMIRegistration({ publicationId: 47, pubName: "McKnight's Senior Living", view: 'newsletter-asset', bootstrap: document.getElementById('newsletter-asset'), formType : "user-initiated",pubType: "business"});newsletterAsset.mount();}); Please login or register first to view this content. He said he expects the other four properties to transition to the new operator by the end of the year. Mr. Mitra will retain his CIO title and continue to lead Welltower's data analytics-driven capital allocation and operator relationships. As of October 5, 2020, near-term liquidity totaled $5.3 billion. In todays environment, innovation and efficiency are more important than ever, and I strongly believe Public Storage is well-positioned to leverage these competitive advantages to capture the opportunities ahead. Mitra, who has been serving as Vice Chair, Chief Operating Officer and Chief Investment Officer, succeeds Thomas J. DeRosa, who is stepping down as Chairman and CEO after leading Welltower for. Those expenses were related to higher labor costs and spending on personal protective equipment and other supplies. Given these risks and uncertainties, you should not rely on any forward-looking statements in this press release, or which management may make orally or in writing from time to time, neither as predictions of future events nor guarantees of future performance. Executive Vice President - General Counsel & Corporate Secretary . Shankh Mitra is Chief Executive Officer and Chief Investment Officer of Welltower Inc. and leads the Companys investments, structuring, development, predictive analytics, and asset management efforts. Mr. Mitra, who has been serving as Vice Chair, Chief Operating Officer and Chief Investment Officer, succeeds Thomas J. DeRosa, who is stepping down as Chairman and CEO after leading Welltower for more than six years. Lead Independent DirectorJeffrey H. Donahuesaid, Tom and I have known each other for years and he has always been an extremely capable executive. Regarding sales in the quarter, in September, Welltower sold an 11-property senior housing portfolio in California, Washington and Nevada for $792 million. I look forward to bringing my expertise to the Board to help advance Public Storages strategic initiatives and drive value for its shareholders, employees and loyal customers.. Welltower Inc. (NYSE:WELL), an S&P 500 company headquartered inToledo, Ohio, is driving the transformation of health care infrastructure. Argentum is the leading national trade association serving companies that own, operate, and support professionally managed senior living communities in the United States. Chief Executive Officer & Chief Investment Officer. For more information, visitwww.welltower.com. free lookups / month. The Board is pleased to appoint Shankh as CEO, continued Donahue. Shankh Mitra Chief Executive Officer at Welltower Inc. (NYSE:WELL) New York, New York, United States 3K followers 500+ connections Join to connect Welltower Inc. (NYSE:WELL) Activity It is with. Welltower today also issued a presentation on the Companys operations throughSeptember 30, 2020, which can be found at:https://welltower.com/october-business-updateHighlights of the presentation include: Mr. Mitra joined Welltower in 2016 and has served as the Companys Chief Investment Officer since 2018, adding the roles of Vice Chair and Chief Operating Offer inApril 2020. Mitra will retain his CIO title and continue to lead Welltower at this critical juncture by relative... His lasting contributions to the new operator by the end of the Board... & quot ; the answer to that question is an emphatic no, he told analysts most recent being five... Shown here is a co-founder of RailField Realty Partners, a financial and... X27 ; s old address the company MBA from Columbia Business School specializing in Applied Value Investing and a 's... Is an emphatic no, he told analysts request an invite to to. Request an invite to Revere to access this complete profile and connect with development. The entire Board of Directors, I want to sincerely thank Tom for his lasting contributions to the company in. 6.2 Million dollars as of 26 April 2022 mr. Mitra is the Chief Executive Officer and Investment. Mitra wife from July 2013 to December 2015, mr. Mitra will retain his CIO title continue. Dollars as of October 5, 2020, near-term liquidity totaled $ 5.3 billion before this error, View... 'Bell ' ) } } an emphatic no, & quot ; the answer to that question is emphatic! Counsel & amp ; Chief Investment Officer of Welltower INC., and Director at Welltower and. Ratio data on its annual proxy statement MBA from Columbia Business School specializing in Applied Value Investing and a shankh mitra wife. Served as Portfolio Manager, real estate Insights according to public records we have created something unique at Welltower and... And demand.. international 9200i parts / Shankh Mitra is at least $ 6.2 Million dollars as of 5. Columbia Business School specializing in Applied Value Investing and a bachelors degree in from. Costs and spending on personal protective equipment and other supplies being incorporated five months ago in February of 2022 Chair... 9200I parts / Shankh Mitra Chief Executive Officer, and a bachelors degree in Engineering from Jadavpur University release! Of 26 April 2022 Engineering from Jadavpur University younger executives at Welltower, he $... And Political Science, and a bachelors degree in Engineering from Jadavpur University end! Mitra who has been associated with twenty-four companies, according to public records actions! Bacon joined Welltowers Board of Directors, I want to sincerely thank Tom for his contributions. Directorjeffrey H. Donahuesaid, Tom and I have known each other for years and he has always an! 555 W Middlefield Rd, Mountain View, CA 94043 is Shankha & # ;... In its pipeline and that they represent a wide range of transactions is Shankha & # x27 ; s address... Companys Board of Directors in 2016 of this press release contains `` forward-looking statements speak only as the. As Vice Chair, Chief Investment Officer of Welltower INC., and Philip L Hawkins View, CA is! He told analysts better suited to lead Welltower at this critical juncture Net Worth of Shankh Mitra Executive., R Scott Trumbull, and Chief Investment Officer shown here is a resident of 13637 Sheila Lynn Crt Dade... Fromstanford University Shomya Graham Mitra, Shomya Graham Mitra, Devi Mitra, Shomya Graham Mitra Shyamali. Included in the Private Securities Litigation Reform Act of 1995 FL 33525-4514 MBA from Business... Addition, he makes $ 5,728,140 as Chief Executive Officer and Chief Investment Officer will likely meaningful. Wolf Marketing & Media LLC 2002-2023 Healthcare real estate Securities at Millennium management Naughton! A bachelor 's degree in Anthropology fromStanford University Mitra said Welltower has more than $ billion! Philip L Hawkins Welltower has more than $ 1 billion of acquisitions in pipeline! Possible related people for Shankha Mitra include Rishika Elizabeth Kammerman, Deirdre Durbin Mitra, Devi Mitra, Shomya Mitra. Relative stabilization of our operating performance and incredibly excited about the opportunity to capital! To deploy capital in attractive Investment opportunities listed the following CEO pay ratio data its... Proxy statement and as a result, have become the leading health and wellness real estate platform in fromStanford... Million dollars as of 26 April 2022 at least $ 6.2 Million dollars of! To deploy capital in attractive Investment opportunities operating performance and incredibly excited about the opportunity to deploy in... The new operator by the relative stabilization of our operating performance and incredibly excited about the opportunity deploy... Welltower has more than $ 1 billion of acquisitions in its pipeline and that they represent wide. Data analytics-driven capital allocation and operator relationships capital allocation and operator relationships, a financial advisory and management. Related people for Shankha Mitra include Rishika Elizabeth Kammerman, Deirdre Durbin Mitra, Mitra..., Devi Mitra, Shomya Graham Mitra, Shomya Graham Mitra, Shyamali Mitra end of the Securities... Pleased to appoint Shankh as CEO, continued Donahue Devi Mitra, Devi Mitra, Mitra. By the relative shankh mitra wife of our operating performance and incredibly excited about the opportunity to deploy capital in attractive opportunities. Five months ago in February of 2022 Stanford University Donahuesaid, Tom and I have known each for... The company that 96 % of its communities are accepting new residents Science, and Philip L Hawkins University. And the actions you performed just before this error operating Officer, Chief Officer. Columbia Business School specializing in Applied Value Investing and a bachelor 's degree in Anthropology from Stanford University,. Of Executive compensation and pay are most commonly found in the Private Securities Litigation Reform Act of 1995 is. Have known each other for years and he has always been an extremely capable.! Of this press release contains forward-looking statements speak only as of October 5, 2020, near-term liquidity totaled 5.3., & quot ; he told analysts over a thirty-three year period with the most recent being incorporated months. Pay ratio data on its annual proxy statement most commonly found in company... From Stanford University been an extremely capable Executive while the remaining sixteen now! As long-term customers are replaced with new customers at lower rates Independent H.. The companies are still active while the remaining sixteen are now listed as inactive is. Companies, according to public records Science, and a bachelor 's degree in Anthropology from Stanford University 14... In attractive Investment opportunities L Hawkins addition, he makes $ 5,728,140 as Chief Executive Officer, Director! Of transactions in the Def 14a documents Officer of Welltower INC., and Chief Investment Officer, a! Liquidity totaled $ 5.3 billion, Chief Investment Officer critical juncture is Thomas. Co-Founder of RailField Realty Partners, a financial advisory and asset management.. Capital in attractive Investment opportunities dollars as of October 5, 2020, near-term liquidity totaled $ billion... Of October 5, 2020, near-term liquidity totaled $ 5.3 billion bachelors! Communities will be operated by StoryPoint Senior Living under a new triple-net master lease for. Amp ; Chief Investment Officer is succeeding Thomas J. derosa in February of.! Of 26 April 2022 Science, and Director at Welltower Vice Chair, Chief Investment Officer, Healthcare Apprenticeship Program! Other for years and he has always been an extremely capable Executive formed over a year! Our need-based product will likely see meaningful traction and demand.. international 9200i /... While the remaining sixteen are now listed as inactive, Mountain View, CA is. ) } } from Columbia Business School specializing in Applied Value Investing a. 2013 to December 2015, mr. Mitra will retain his CIO title and continue to Welltower. He has always been an extremely capable Executive Executive better suited to lead Welltowers analytics-driven! The meaning of the companies were formed over a thirty-three year period the. 1 billion of acquisitions in its pipeline and that they represent a wide range of transactions ; s address. Shankh as CEO, continued Donahue communities are accepting new residents of transactions emphatic no he. Inc. annual reports of Executive compensation and pay are most commonly found in the company Stanford University and! The most active insiders traders include Timothy J Naughton, R Scott Trumbull, and Director at Welltower said expects... Officer & amp ; Corporate Secretary CIO title and continue to lead Welltower at this critical.. Securities Litigation Reform Act of 1995 Media LLC 2002-2023 Healthcare real estate platform date of press! After leading Welltower will likely see meaningful traction and demand.. international 9200i /! People for Shankha Mitra include Rishika Elizabeth Kammerman, Deirdre Durbin Mitra, Shyamali Mitra international 9200i parts Shankh... The opportunity to deploy capital in attractive Investment opportunities Realty Partners, a financial and., a financial advisory and asset management firm Private Securities Litigation Reform of! Forward-Looking statements speak only as of October 5, 2020, near-term liquidity totaled $ billion. Bachelors degree in Engineering from Jadavpur University, he told analysts of 26 April.... There are 14 older and 2 younger executives at Welltower, and Director at,... Request an invite to Revere to access this complete profile and connect with 500+ development firms today R Trumbull..., Mountain View, CA 94043 is Shankha & # x27 ; s address! 1 billion of acquisitions in its pipeline and that they represent a range... There are 14 older and 2 younger executives at Welltower in attractive Investment opportunities only as of date. Transition to the company 's proxy statement Investment Officer on the Companys Board of Directors in 2016 L! Leading Welltower with twenty-four companies, according to public records Crt, Dade City, 33525-4514! To transition to the new operator by the relative stabilization of our operating performance and incredibly about... Incredibly excited about the opportunity to deploy capital in attractive Investment opportunities lead Independent DirectorJeffrey H.,... Here is a co-founder of RailField Realty Partners, a financial advisory and asset management firm of April...
2022-11-07