CHICAGO — Succession plans may play a crucial role in the future of senior living, as more than 70 percent of nonprofit CEOs will likely retire within the next 10 years according to a recent survey by Ziegler.
People
NEWTON, Mass. — David Hegarty has announced his plans to retire as president and chief operating officer of Senior Housing Properties Trust (NASDAQ: SNH). Jennifer Francis, currently a senior vice president with SNH parent company RMR Group, will replace Hegarty effective May 1.