New Senior Elects Frances Aldrich Sevilla-Sacasa to Board of Directors

by Jeff Shaw

NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR) has elected Frances Aldrich Sevilla-Sacasa as an independent director to the company’s board of directors.

“Frances, a seasoned financial services executive and experienced investor, will bring tremendous value to New Senior,” says Susan Givens, president and CEO of New Senior. “She joins the board with extensive experience in real estate, financial services and banking. In addition, her significant public company board expertise will bring additional depth.”

Aldrich Sevilla-Sacasa is a private investor and was CEO of Banco Itaú International, Miami, Florida, from April 2012 to December 2016. Prior to that time, she served as an executive advisor to the dean and as interim dean of the University of Miami School of Business from 2011 to 2012. She also served as president of US Trust, Bank of America Private Wealth Management, after having held the position of president and CEO of US Trust Co. Other positions held include the president of the Latin America and Europe private banking divisions for The Citigroup Private Bank, where she also headed the global wealth structuring business.

Aldrich Sevilla-Sacasa has experience serving on public and private company boards of directors. In 2011, she was appointed to the board of directors of Camden Property Trust (NYSE: CPT), one of the largest publicly traded multifamily companies in the U.S. structured as a REIT, and she currently serves as the chair of its audit committee. She also serves on the board of directors of Callon Petroleum Co. (NYSE: CPE), an independent oil and natural gas company, as well as its nominating and corporate governance and strategic planning and reserves committees. She also serves on the board of trustees and acts as chair of the nominating and corporate governance committee of the Delaware Funds by Macquarie, a complex of SEC-registered mutual funds.

Aldrich Sevilla-Sacasa holds a bachelor’s degree from the University of Miami and an M.B.A. from the Thunderbird School of Global Management.

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