TOLEDO, Ohio, June 8, 2021 /PRNewswire/ --
Welltower® Inc. (NYSE: WELL) today
announced that it has appointed John F.
Burkart as Executive Vice President, Chief Operating
Officer. Upon joining Welltower on July 19,
2021, Mr. Burkart will assume leadership responsibilities
across the organization, including platform-wide operations, asset
and portfolio management, data analytics, research, and joint
venture partnerships. Mr. Burkart brings significant operational
expertise to Welltower and will utilize a data-driven approach to
drive platform efficiencies, capital allocation decisions, and
technological innovation across the Company. He will serve on the
Company's executive team and investment committee, and will report
to Shankh Mitra, CEO and CIO.
Prior to joining Welltower, Mr. Burkart spent 25 years at Essex
Property Trust (NYSE: ESS), a best-in-class multifamily REIT, most
recently serving as Senior Executive Vice President and Chief
Operating Officer. As COO, Mr. Burkart held critical and
wide-ranging responsibilities, including the oversight of
operations, redevelopment and capital maintenance, research, and
information technology. Mr. Burkart is widely-respected for his
many accomplishments at Essex, including the development of its
revenue management platform and the implementation of numerous
technology and optimization initiatives. He was also keenly
involved in the execution of Essex's capital deployment strategy.
Under his leadership, Essex consistently generated industry leading
growth in net operating income.
"We are extremely fortunate to welcome someone of John's caliber
to the Welltower team," stated Shankh Mitra, Welltower's CEO. "I
have known John for over a decade and have witnessed the tremendous
value he and his team have created for shareholders through
operational innovation and astute capital allocation. As with
Welltower, John shares a passion for data-driven decision-making in
all facets of an organization. His expertise, leadership, and
strategic vision will be invaluable as we embark on a number of
growth opportunities in the coming years."
"It is with great excitement that I join the extraordinary team
at Welltower," said Mr. Burkart. "I am confident that my nearly
three decades of operational experience will allow me to quickly
contribute to the company's numerous internal and external
opportunities. Welltower is positioned to drive exceptional
long-term growth and I am humbled to play a role in executing the
company's strategy."
Mr. Burkart holds a BS in Finance from San
Jose State University and an MBA in Real Estate from
Golden Gate University.
About Welltower
Welltower Inc. (NYSE: WELL), an
S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of
health care infrastructure. The Company invests with leading
seniors housing operators, post-acute providers, and health systems
to fund the real estate infrastructure needed to scale innovative
care delivery models and improve people's wellness and overall
health care experience. 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. More information is available
at www.welltower.com.
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SOURCE Welltower Inc.