Bhavana Devulapally Named Senior Vice President, Chief Information
Officer; Juan Sanabria Named Vice President, Investor Relations
CHICAGO--(BUSINESS WIRE)--Jan. 25, 2019--
Ventas Inc. (NYSE:VTR) today announced two key appointments to its
senior leadership team: Bhavana Devulapally, Chief Information Officer
(CIO) and Senior Vice President; and Juan Sanabria, Vice President,
Investor Relations (IR). Both roles report to the Company’s Executive
Vice President and Chief Financial Officer Robert (Bob) F. Probst.
Probst noted, “Bhavana and Juan are proven talents who will elevate
Ventas’s performance, enhance our capabilities and drive our continued
success. They join Ventas’s outstanding cadre of leaders committed to
Ventas’s performance, and we welcome them to our collaborative team.”
As Ventas CIO, 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 in support of our rapidly evolving business growth, commercial
success and market reputation.
With more than 25 years of experience in the field of information
technology, Devulapally joins Ventas from Hyatt Hotels Corporation 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 150+
employees and had responsibility for global service desk support for
more than 100,000 employees. Bhavana received a dual BS 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.
Sanabria has joined the Company as its Vice President, Investor
Relations, acting as the Company’s principal liaison with the equity
market and analysts. His responsibilities include frequent and
transparent communication of Ventas’s strategy, performance and
prospects to the market. This expansion of resources in the area of IR
represents the company’s continued commitment to serving this key
constituency with excellence and integrity.
A well-regarded “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. He has been recognized as a key player on one of the top rated
REIT research teams by Institutional Investor and brings deep
experience and strong relationships with our investor base. Juan has
business experience in the United States and internationally, and
received his B.S. in Economics from the University of Pennsylvania’s
Wharton School of Business.
Ventas, Inc., an S&P 500 company, is a leading real estate investment
trust. Its diverse portfolio of approximately 1,200 assets in the United
States, Canada and the United Kingdom consists of seniors housing
communities, medical office buildings, university-based research and
innovation centers, inpatient rehabilitation and long-term acute care
facilities, health systems and skilled nursing facilities. Through its
Lillibridge subsidiary, Ventas provides management, leasing, marketing,
facility development and advisory services to highly rated hospitals and
health systems throughout the United States. References to “Ventas” or
the “Company” mean Ventas, Inc. and its consolidated subsidiaries unless
otherwise expressly noted. More information about Ventas and Lillibridge
can be found at www.ventasreit.com and www.lillibridge.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190125005242/en/
Source: Ventas Inc.
Ryan K. Shannon