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Article: Sunrise Senior Living Founder and CEO to Become Chairman.
- Article from:
- PR Newswire
- Article date:
- July 17, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mark S. Ordan to Become CEO, Board Member
MCLEAN, Va., July 16 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. today announced that Paul J. Klaassen, its founder and chief executive officer of 27 years, will become Sunrise's non-executive chairman of the board and transition from his role as CEO, effective at the next annual meeting of Sunrise shareholders expected to take place in November 2008. At that time, Mark S. Ordan, Sunrise's chief investment and administrative officer, will become CEO. Mr. Ordan has also joined Sunrise's board of directors, effective July 15, 2008. When Mr. Klaassen becomes chairman, Lynn Krominga, the current chairman of the ...