WESTLAKE VILLAGE, Calif. — LTC Properties Inc. (NYSE: LTC), a Westlake Village-based seniors housing and healthcare REIT, has promoted Pam Kessler and Clint Malin to the newly created positions of co‑president.
Kessler will retain her role as chief financial officer, and Malin will continue as chief investment officer. Wendy Simpson will remain LTC’s chairman and Chief Executive Officer.
“The promotions of Pam and Clint reflect the many years of significant contributions they have made to LTC, both individually and as a cohesive team, along with their shared strategic vision and experiences that will help guide LTC’s future,” says Simpson. “Their complementary skillsets will maintain the company’s legacy, while preparing for LTC to seamlessly transition into the next phase of our growth and evolution as a long-term investor in seniors housing and care.”
Kessler joined LTC in 2000, and has been the company’s executive vice president, chief financial officer and secretary since 2010. Prior to joining LTC, she was corporate controller for a privately held commercial and multifamily real estate developer; director of financial reporting for Irvine Apartment Communities; and assistant controller of the Inland Empire division of KB Home. Kessler began her career as a certified public accountant at Ernst & Young.
Malin joined LTC in 2004 and has been the company’s executive vice president and chief investment officer since 2012. Prior to joining LTC, he was vice president of corporate real estate for Sun Healthcare Group Inc. (now Genesis HealthCare), where he was responsible for acquisitions and portfolio management. Malin began his career in public accounting at KPMG and Arthur Andersen.