CHICAGO — Vi, a Chicago-based developer, owner and operator of 10 luxury senior living communities across the U.S., announced that Randy Richardson will retire as president effective May 31. Richardson will remain in an advisory role through the end of the year, and current CFO Gary Smith will succeed him as president.
Smith, Vi’s most tenured executive management team member, has served as CFO for more than 20 years. Prior to joining Vi, Smith served as vice president of finance for an affiliate of JMB Realty Corp., where he was responsible for the asset management of various acquired operating companies, including obtaining financing, analyzing acquisitions and sales, and overseeing ongoing financial performance. Smith began his career in public accounting at KPMG.
Vi also announced additional executive appointments:
- Tara Cope, a senior vice president who has 17 years of service, has been promoted to executive vice president and chief legal and administration officer.
- Cary Maslow, senior vice president of operations who has served the company for 20 years, was appointed executive vice president and chief operating officer.
- Tom Muszynski, Vi’s Controller for 18 years, has been promoted to chief financial officer.