New Senior Announces Election of Norman K. Jenkins to Board of Directors
November 23 2020 - 8:00AM
Business Wire
New Senior Investment Group Inc. (“New Senior” or the “Company”)
(NYSE: SNR) announced today the election of Norman K. Jenkins,
President, Chief Executive Officer and Managing Partner of Capstone
Development, LLC, as an independent director to the Company’s Board
of Directors (the “Board”), effective immediately.
“On behalf of the Board of Directors of New Senior, we are very
pleased to have Norman Jenkins joining us. His deep knowledge of
real estate, the hospitality sector, finance, acquisitions and
development will give us important perspectives as we work to
continue to grow the Company,” said Susan Givens, President &
Chief Executive Officer of New Senior. “His public company board
expertise and highly relevant industry experience will bring depth
to our Board and further our goal of maintaining a board that has
the best combination of knowledge, skills, experience and
perspectives to provide comprehensive and effective oversight of
the Company and support our strategic goals.”
Mr. Jenkins is President and Chief Executive Officer of Capstone
Development, LLC, a privately-held developer of
institutional-quality lodging assets. Prior to founding Capstone
Development in 2009, Mr. Jenkins was with Marriott International
for 16 years, serving in various leadership positions before being
named Senior Vice President of North American Lodging Development.
While with Marriott, Mr. Jenkins was the architect of the company’s
industry-leading Diversity Ownership Initiative, which doubled the
number of diverse-owned Marriott hotels over a three-year period
and resulted in a diverse-owned company becoming Marriott’s second
largest franchisee. His experience also includes five years with
McDonald’s Corporation holding finance and operating positions.
Mr. Jenkins has served on the Board of Directors of Duke Realty
Corporation, a publicly-traded industrial REIT, since 2017. Mr.
Jenkins also serves as a director of the Washington DC Developer
Roundtable. In addition, Mr. Jenkins is a former member of the
Board of Trustees of Suburban Hospital and the Howard University
Board of Trustees. Mr. Jenkins earned a BA in Accounting from
Howard University, an MBA from George Washington University and is
a certified public accountant.
ABOUT NEW SENIOR
New Senior Investment Group Inc. (NYSE: SNR) is a
publicly-traded real estate investment trust with a diversified
portfolio of senior housing properties located across the United
States. New Senior is one of the largest owners of senior housing
properties, with 103 properties across 36 states. More information
about New Senior can be found at www.newseniorinv.com.
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Jane Ryu 646-822-3700
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