NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR) has appointed Robert Savage, an independent director of the company, as chairman of the company’s board of directors.
Savage has been a member of the board since 2016, in addition to being chairman of a special committee of the board formed in connection with the previously announced review of strategic alternatives for the New York-based REIT.
Savage is co-founder and president of KSH Capital LP, which provides real estate entrepreneurs with capital and expertise to seed or grow their platform. KSH is focused on the deployment of the principals’ capital in domestic and international strategies that offer compelling long-term returns.
Prior to founding KSH, Savage was co-founder and president of KTR Capital Partners, an investment, development and operating company focused exclusively on the industrial property sector in North America. At KTR, Savage was a member of the firm’s Investment Committee and responsible for management of the firm’s day-to-day operations, including oversight of capital deployment, portfolio management and capital markets activities.
Savage is a member of the Board of Trustees of Mount Sinai Health System in New York. He is also chairman of the Board of Directors of VolunteerMatch.org, a San Francisco-based company that operates the largest volunteer network in the nonprofit world.