DALLAS — Capital Senior Living Corp. (NYSE: CSU) has appointed Kimberly Lody as the company’s new president and CEO, replacing Larry Cohen who retired at the end of 2018. Lody was already on the company’s Board of Directors, and will continue to serve in that role.
“As a member of the board since 2014, Kim is deeply familiar with Capital Senior Living’s business and has been pivotal in our efforts to refine our strategy and strengthen our financial position,” says Michael Reid, chairman of the company’s Board of Directors. “Furthermore, her involvement on a three-person executive committee of the board, established in August 2018 following the announcement of Larry Cohen’s retirement and tasked to oversee the development of the company’s strategic and operational direction during the transition period, has positioned Kim to hit the ground running as Capital Senior Living’s new CEO.”
CSU is a publicly traded, Dallas-based owner-operator. As of June 1, 2018, the company was the ninth largest operator in the United States, with 129 communities totaling 16,523 units, according to the American Seniors Housing Association.
Lody has 25 years of experience in multi-site healthcare marketing, sales and operational management. Most recently, she was president of GN Hearing North America, part of the medical device division of the GN Group. At GN Hearing she led seven consecutive years of above-market growth and expansion across multiple channels and brands.
Prior to joining GN Hearing North America, Lody served as vice president of marketing and then president of Chronic Care, the U.S. subsidiary of Coloplast, a $5 billion global medical device manufacturer based in Denmark. From 2004 to 2009, she served as an independent consultant, providing interim leadership and revenue enhancement programs to companies in healthcare, consumer products, automotive and insurance services. She also served as COO of Senior Home Care from 2003 to 2004, CMO of Gentiva Health Services from 1997 to 2003, and vice president of managed care programs for Apria Healthcare from 1994 to 1997.
Lody has received several awards during her career, including the 2018 “Women in Business” award from the Twin Cities Business Journal in Minneapolis, the 2017 Diploma of the Danish Export Association and His Royal Highness Prince Henrik’s Medal of Honor from Denmark. She holds a bachelor’s degree in business administration from Hiram College in Ohio and an M.B.A. with a concentration in finance from Wake Forest University.