TOLEDO,
Ohio, July 29, 2024 /PRNewswire/ -- Welltower
Inc. (NYSE: WELL) announced today the appointment of Andrew Gundlach to its Board of Directors. Mr.
Gundlach, 53, is the President and Co-CEO of Bleichroeder LP, a
registered investment advisor serving ultra-high-net-worth
families. He has extensive experience in both public and private
markets, with a particular expertise in corporate strategy and
capital markets.
Mr. Gundlach has been a key figure at First Eagle Investment
Management, where he has served on the board since 2004.
Bleichroeder was spun out from First Eagle after funds controlled
by Blackstone and Corsair bought majority control in 2015, a
transaction initiated by Mr. Gundlach. Earlier in his career, Mr.
Gundlach held roles in the corporate finance and M&A
departments at Morgan Stanley and J.P. Morgan.
"We are delighted to announce the appointment of Andrew as an
Independent Director of the Welltower Board. Andrew's broad
skillset, highlighted by his extensive investment background,
expertise in strategic financial management, and capital allocation
acumen, will complement our Board's already robust capabilities,"
said Kenneth J. Bacon, Chairman and
Independent Director of the Welltower Board. "With almost 30 years
of investment experience, Mr. Gundlach's deep understanding of the
markets and his strategic vision will be invaluable to Welltower as
the company continues to expand its portfolio and seeks to enhance
shareholder value. Additionally, Bleichroeder's well respected
long-term investment orientation demonstrates Andrew's alignment
with a key tenet of the Welltower management team's ethos."
Mr. Gundlach earned a B.S in International Relations and Affairs
and an M.S. from Georgetown University's
School of Foreign Service and an MBA from Columbia Business School. Mr. Gundlach is a Member
of the Council on Foreign Relations, where he serves on the
Investment Committee. He also serves as an Adjunct Professor at the
Heilbrunn Center for Graham & Dodd Investing at Columbia Business School from 2004 to the present,
where he teaches courses on investing. He currently serves as a
Member of the Columbia Business School Board as well as a trustee
of the Guggenheim Museum.
Forward-Looking Statement
This press release contains "forward-looking statements" as
defined in the Private Securities Litigation Reform Act of 1995.
When Welltower uses words such as "may," "will," "intend,"
"believe," "expect," "project," "estimate" or similar expressions
that do not relate solely to historical matters, Welltower is
making forward-looking statements. Forward-looking statements are
not guarantees of future performance and involve risks and
uncertainties that may cause Welltower's actual results to differ
materially from Welltower's expectations discussed in the
forward-looking statements. This may be a result of various
factors, including, but not limited to those factors discussed in
Welltower's reports filed from time to time with the Securities and
Exchange Commission. Welltower undertakes no obligation to update
or revise publicly any forward-looking statements, whether because
of new information, future events or otherwise, or to update the
reasons why actual results could differ from those projected in any
forward-looking statements.
About Welltower
Welltower Inc. (NYSE:WELL), a real estate investment trust
("REIT") and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of
health care infrastructure. Welltower invests with leading seniors
housing operators, post-acute providers and health systems to fund
the real estate infrastructure needed to scale innovative care
delivery models and improve people's wellness and overall health
care experience. Welltower owns interests in properties
concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing
and post-acute communities and outpatient medical properties. More
information can be found at www.Welltower.com.
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SOURCE Welltower Inc.