CareTrust REIT Elects Careina Williams, Anne Olson as Directors

by Jeff Shaw

SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE), a San Clemente-based seniors housing REIT, has elected Careina Williams and Anne Olson to the company’s board of directors. The company also re-elected Gregory Stapley, executive chairman; Diana Laing, lead independent director; and Spencer Plumb, director.

Williams will fill the remaining term of Allen Barbieri, who retired as a member of the board in March. Olson succeeds Jon Kline, who served on the board for nearly eight years.

Olson currently serves as chief operating officer and secretary of Centerspace (NYSE: CSR), a multifamily REIT. She has extensive experience in real estate law, investments and transactions, having been as a partner with the law firm of Dorsey & Whitney LLP in its Real Estate Practice Group, and previously with Lindquist & Vennum LLP, where her practice focused on real estate development and investments for REITs, private equity funds, and national developers and owners. She also served as director of investment operations and in-house counsel for Welsh Cos. LLC and its affiliates, and as vice president and corporate counsel for U.S. Bank.

Olson is an active member of the Urban Land Institute and the National Multifamily Housing Council. She holds a bachelor’s degree in English from Drake University and a J.D. from Drake University Law School.

In connection with the personnel changes, the board also reorganized its various committees and their leadership. Laing took the reins of the audit committee, and Plumb continues as chair of the compensation committee. Olson was appointed as chair of the nominating and corporate governance committee, while Williams was appointed to lead the sustainability and corporate responsibility committee.

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