DeRosa Succeeds Chapman as HCN CEO

TOLEDO, OH—With the retirement of George Chapman as chairman, CEO and president of Health Care REIT Inc., two of his former roles have been divided between two men. Thomas J. DeRosa, formerly vice chairman and CFO at the Rouse Co., has been named CEO, effective immediately. Jeffrey H. Donahue, who was HCN’s independent lead director, has been appointed chairman of the board, thereby separating the chairman and CEO roles.

DeRosa has been a board member at the Toledo, OH-based REIT, and will continue to be a director as he takes the reins of the company. Citing “the many growth opportunities that lie ahead,” DeRosa notes that HCN has developed “an enviable competitive position and a management team with a proven ability to cultivate long-term relationships with top seniors housing operators and health systems and identify high-quality investments.”