New Senior Announces Election of Frances Aldrich Sevilla-Sacasa to Board of Directors
January 25 2021 - 8:00AM
Business Wire
New Senior Investment Group Inc. (“New Senior” or the “Company”)
(NYSE: SNR) announced today the election of Frances Aldrich
Sevilla-Sacasa, formerly Chief Executive Officer of Banco Itaú
International, as an independent director to the Company’s Board of
Directors (the “Board”), effective immediately.
“Frances, a seasoned financial services executive and
experienced investor, will bring tremendous value to New Senior as
we move forward and we are very pleased to welcome her to our
Board,” said Susan Givens, President & Chief Executive Officer
of New Senior. “She joins the Board with extensive experience in
real estate, financial services and banking. In addition, her
significant public company board expertise will bring additional
depth to our Board as we look to continue to grow the Company in
the future.”
Ms. Aldrich Sevilla-Sacasa is a private investor and was Chief
Executive Officer of Banco Itaú International, Miami, Florida, from
April 2012 to December 2016. Prior to that time, she served as an
Executive Advisor to the Dean and as Interim Dean of the University
of Miami School of Business from 2011 to 2012. She also served as
President of US Trust, Bank of America Private Wealth Management at
Bank of America Corporation, after having held the position of
President and Chief Executive Officer of US Trust Company. Other
positions held include the President of the Latin America and
Europe Private Banking Divisions for The Citigroup Private Bank,
where she also headed the Global Wealth Structuring business.
Ms. Aldrich Sevilla-Sacasa has significant experience serving on
public and private company boards of directors. In 2011, she was
appointed to the board of directors of Camden Property Trust (NYSE:
CPT), one of the largest publicly-traded multifamily companies in
the U.S. structured as a REIT, and she currently serves as the
chair of its audit committee. She also serves on the board of
directors of Callon Petroleum Company (NYSE: CPE), an independent
oil and natural gas company, as well as its nominating and
corporate governance and strategic planning and reserves
committees. She also serves on the board of trustees and acts as
chair of the nominating and corporate governance committee of the
Delaware Funds by Macquarie, a complex of SEC-registered mutual
funds.
Ms. Aldrich Sevilla-Sacasa holds a Bachelor of Arts Degree from
the University of Miami and an M.B.A. from the Thunderbird School
of Global Management.
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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