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By Adriano Marchese
Northwest Healthcare Properties Real Estate Investment Trust has appointed Craig Mitchell to the role of chief executive officer on a permanent basis and Karen Martin as interim chief financial officer, effective at the end of the month.
Mitchell was previously appointed the Canadian REIT’s interim CEO in early August. He had been with the company since 2018 and held several senior leadership positions within the organization, including president of the company’s Australia and New Zealand operations.
Prior to taking on the role on an interim basis, he was responsible for Northwest’s global funds management, and before his time with Northwest, he worked in the property industry in Australia, including as executive director and chief operating officer of Dexus, a REIT.
Additionally, the company has also appointed Martin to the role of interim CFO. She brings to the role a wealth of financial expertise as the company undergoes a strategic review process.
She was previously executive vice president and treasurer at fleet management company Element Fleet Management.
Northwest has begun a recruitment process to find a permanent candidate for the CFO role.
Recently, the company scuttled plans to create a U.K.-based joint venture with an institutional investor, and is currently in a review process to determine the future of its U.K. healthcare real-estate and diversified hospital portfolio.
Write to Adriano Marchese at [email protected]
Read the full article here
