CHICAGO — Ventas Inc. (NYSE: VTR), a massive healthcare and seniors housing REIT based in Chicago, has hired Bhavana Devulapally as chief information officer.
Devulapally will lead the Ventas technology team, overseeing the development and implementation of strategy for the company’s information systems, infrastructure, cyber-security and data analytics.
With more than 25 years of experience in the field of information technology, Devulapally joins Ventas from Hyatt Hotels Corp. where she has spent the last 12 years driving transformational change through technology. In her most recent role, she was responsible for application management and support of enterprise-wide systems, led a team of over 150 employees and had responsibility for global service desk support for more than 100,000 employees.
Devulapally received a dual bachelor’s degree in economics from the Wharton School of Business and in systems engineering from the School of Engineering and Applied Sciences, both at the University of Pennsylvania.
In a separate hire, Ventas also added Juan Sanabria as vice president of investor relations.
Sanabria will act as the company’s principal liaison with the equity market and analysts. His responsibilities include frequent and transparent communication of Ventas’ strategy, performance and prospects to the market.
A “sell-side” analyst, Sanabria joins Ventas from Bank of America Merrill Lynch where he served as director of equity research covering multiple real estate asset classes, including the healthcare REITs.
Sanabria has business experience in the United States and internationally, and received his bachelor’s degree in economics from the University of Pennsylvania’s Wharton School of Business.
Both Devulapally and Sanabria will report to the Ventas CFO Bob Probst.