NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD) has hired Steven Swain as the company’s executive vice president and chief financial officer, effective Sep. 4.
Swain will be responsible for the company's finance, financial planning and analysis, investor relations, market insights, and analytics, tax and treasury functions. He will replace Teresa Sparks, who has been serving as interim CFO since Cindy Baier was promoted from the position to CEO in February.
Swain has nearly two decades of finance leadership, most recently as CFO of DISH Network Corp. since October 2014 and previously serving in roles of increasing responsibility within the company since 2011. Prior to DISH Network, he spent more than 15 years working in the telecommunications sector, where he served in multiple leadership roles in finance and engineering operations at companies such as CenturyLink and Qwest Communications.
"Steve is incredibly focused on consumers, having helped acquire and retain a profitable subscriber base of over 10 million customers," says Baier. "Steve has been an important leader who has achieved strategic and operational goals in multi-billion dollar organizations. His experience in finance within complex, asset-intensive businesses will be a great addition to our leadership team."
Swain earned his bachelor’s degree in chemical engineering from the University of Wisconsin–Madison and his M.B.A. from the University of Chicago Booth School of Business.
Nashville-based Brookdale Senior Living is the largest owner and operator of seniors housing communities in the United States.