Or to subscribe to the monthly HREI magazine for even more comprehensive news and analysis, please click here. He received his undergraduate degree from Jadavpur University and an MBA from Columbia Business School. Mr. Mitra served as Welltowers Senior Vice President - Finance & Investments from January 2016 to January 2018. Mr. Mitra received an MBA from Columbia Business School specializing in Applied Value Investing and a bachelor's degree in Engineering from Jadavpur University. million verified professionals across 35 million companies. These forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Since the start of the pandemic, Shankhs unyielding focus on portfolio performance and optimization has never been more evident. Coronavirus Tips Working and Protection. There is no executive better suited to lead Welltower at this critical juncture. "The answer to that question is an emphatic no," he told analysts. Welltower Inc. (NYSE:WELL), an S&P 500 company headquartered inToledo, Ohio, is driving the transformation of health care infrastructure. Shankh Mitra - Chief Executive Officer John Burkart - Chief Operating Officer Tim McHugh - Chief Financial Officer Conference Call Participants Vikram Malhotra - Mizuho Steve Sakwa - Evercore. Bacon is a co-founder of RailField Realty Partners, a financial advisory and asset management firm. Mr. Williams received an undergraduate degree, cum laude, from Harvard University and a J.D. 1650 King Street, Suite 602 This could lead to lower occupancies and rent roll down as long-term customers are replaced with new customers at lower rates. Most recently he exercised 1,666 units of WELL stock worth $458,350 on 26 April 2022. . Wood's Ark Invest nearly liquidates Silvergate Capital position, Musk bets big on beating shareholders at 'funding secured' trial, Investor Peltz, corporate doctor, pushes Disney to take bitter pill, BYD's Shares Fall After Warren Buffett Cuts Stake in Company Again, Shares of Ant-controlled companies, Alibaba rise after Jack Ma gives up control, Arnault tightens family grip on LVMH as daughter becomes Dior CEO, Circles: Another Bayer investor wants to split up - share price rises, Credit Suisse nears deal to buy Michael Klein's advisory firm - Bloomberg News, Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz, Cucinelli tops forecast with near 30% sales jump in 2022, Transcript : Welltower Inc., Q3 2022 Earnings Call, Nov 08, 2022, Transcript : Welltower Inc., Q2 2022 Earnings Call, Aug 10, 2022, Transcript : Welltower Inc., Q1 2022 Earnings Call, May 11, 2022, Transcript : Welltower Inc. Presents at Citi's 26th Annual Global Property CEO Conference 2022, Mar-08-2022 11:15 AM, Transcript : Welltower Inc., Q4 2021 Earnings Call, Feb 16, 2022, Transcript : Welltower Inc., Q3 2021 Earnings Call, Nov 05, 2021, Transcript : Welltower Inc., Q2 2021 Earnings Call, Jul 30, 2021, Member-Real Estate & Infrastructure Counsel. He also held senior analyst positions at Citadel Investment Group and Fidelity Investments after beginning his career at PricewaterhouseCoopers. 5 free lookups per month. from Yale Law School. The Board is pleased to appoint Shankh as CEO, continued Donahue. Welltower operators expect to receive about $45 million in CARES Act Provider Relief Funds in the fourth quarter after HHS expanded eligibility of funding to assisted living communities. On behalf of the entire Board of Directors, I want to sincerely thank Tom for his lasting contributions to the Company. With the addition of Shankh, David, and Paul, the Company has added five independent Trustees in the past 18 months. Shankh Mitra Net Worth The estimated Net Worth of Shankh Mitra is at least Welltower stock worth over $568,495 and over the last 5 years he sold . His vision of reimagining and reinventing the built environment for effective delivery of health care and wellness services has played an instrumental role in transforming Welltower into the worlds largest health and wellness real estate platform. Over the past five years, Shankhs investing and operational acumen, complemented by the significant efforts ofTim McHugh,Matt McQueenand a deep bench of senior leaders at Welltower, have put the company in a position of strength. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Matt McQueen. TOLEDO, Ohio, Oct. 5, 2020 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced that Shankh Mitra has been appointed Chief Executive Office. Mr. Bacon has served as RailField's managing partner since his retirement from the Federal National Mortgage Association ("Fannie Mae") in March 2012. Shankh Mitra Biography. Please contact the server administrator at Shankh Mitra serves as Chief Executive Officer, Chief Investment Officer, Director of the Company. Mr. Bacon is a co-founder of RailField Realty Partners, a financial advisory and asset management firm. We Found 1 Results For Shankha Mitra. You can see the complete history of Mr. Mitra stock trades at the bottom of the page. Mr. Bacon received an MBA fromHarvard Business School, a Master of Science (M.Sc.) Shankh and I have worked shoulder-to-shoulder over the last five years and I have witnessed his strong leadership, relentless focus on organizational efficiency and unparalleled approach to capital allocation. With our highly-motivated team and an ultra-strong balance sheet, we are well positioned to drive significant long-term value for shareholders., Mr. Bacon added, I am honored to be named Chairman and look forward to working with Shankh and the rest of the highly-experienced leadership team and Board to build upon the foundation Tom laid and deliver significant per-share growth to our shareholders. With deep real estate investing experience, corporate governance expertise, and proven track records as public company leaders and board members, they will bring valuable perspectives and skillsets that complement those of our current Trustees. Mr. Shankh Mitra is an Independent Trustee at Public Storage, a Director, Chief Executive & Investment Officer at Welltower, Inc. and a . Welltower executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Mr. Mitra is the Chief Executive Officer and Chief Investment Officer of Welltower Inc., and serves on the Companys Board of Directors. from 8 AM - 9 PM ET. He also served as Senior Vice President, Finance, and then as Senior Vice President, Investments . Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. View Bio. His vision of reimagining and reinventing the built environment for effective delivery of health care and wellness services has played an instrumental role in transforming Welltower into the worlds largest health and wellness real estate platform. degree from the London School of Economic and Political Science, and a bachelors degree in Anthropology fromStanford University. All statements in this press release, other than statements of historical fact, are forward-looking statements which may be identified by the use of the words expects, believes, anticipates, should, estimates and similar expressions. Shankh Mitra is currently Director, Chief Executive Officer and Chief Investment Officer at Welltower - View - Welltower org chart Given these risks and uncertainties, you should not rely on any forward-looking statements in this press release, or which management may make orally or in writing from time to time, neither as predictions of future events nor guarantees of future performance. We have the utmost confidence in Shankhs strategic vision and leadership and believe he is the right person to guide Welltower as it continues to successfully navigate the current environment and pursue the exciting next phase of growth for the Company.. Mitra will retain his CIO title and continue to lead Welltowers data analytics-driven capital allocation and operator relationships. Over the last five years, Matt, Tim and I have been working closely together alongside Jeff and Ken. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. I look forward to bringing my expertise to the Board to help advance Public Storages strategic initiatives and drive value for its shareholders, employees and loyal customers.. Mr. Mitra served as Welltowers Senior Vice President - Investments from January 2018 to August 2018. Mr. Bacon is a co-founder of RailField Realty Partners, a financial advisory and asset management firm. The estimated Net Worth of Shankh Mitra is at least $6.2 Million dollars as of 26 April 2022. View Bio. We have created something unique at Welltower, and as a result, have become the leading health and wellness real estate platform. On average, Welltower executives and independent directors trade stock every 37 days with the average trade being worth of $584,264. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We will continue to take actions that we believe will enable the successful execution of our strategy to deliver long-term value for our shareholders, customers, and employees., The Board and management team remain focused on our key strategic initiatives, enabling us to build on our strong foundation and drive innovation across our platform, said Joe Russell, President and Chief Executive Officer of Public Storage. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in major, high growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. Last updated: 5 January 2023 at 5:03pm EST. Lead Independent DirectorJeffrey H. Donahuesaid, Tom and I have known each other for years and he has always been an extremely capable executive. Shankh Mitra Biography Mr. Mitra joined Welltower in 2016 and has served as the Company's Chief Investment Officer since 2018, adding the roles of Vice Chair and Chief Operating Offer in April 2020. Mr. Mitra, who has been serving as Vice Chair, Chief Operating Officer and Chief Investment Officer, succeedsThomas J. DeRosa, who is stepping down as Chairman and CEO after leading Welltower for more than six years. He was a visionary who saw the need of integrating senior housing into the healthcare continuum years before COVID, and now we all know the importance of that today and going forward, he said. There is no executive better suited to lead Welltower at this critical juncture. Since the start of the pandemic, Shankh's unyielding focus on portfolio performance and optimization has never been more evident. Prior to forming RailField, Mr. Bacon spent 19 years at Fannie Mae, most recently serving as the Executive Vice President of the multifamily mortgage business fromJuly 2005toMarch 2012. All proxy statements are public filings made available to the general public by the SEC. Prior to joining Welltower, Mr. Mitra was a Portfolio Manager investing in Real Estate Securities at Millennium Management, where he managed an accomplished team of investment professionals responsible for bottom-up underwriting of commercial real estate companies and portfolios, security selection, quantitative portfolio and risk management. Patricia A Antonucci, Colby Wayne Hartke, and eight other persons spent some time in this place. The estimated Net Worth of Shankh Mitra is at least $6.21 Million dollars as of 26 April 2022. Suited to lead Welltower at this critical juncture 458,350 on 26 April 2022 also held Senior analyst positions at Investment... Executive better suited to lead Welltower at this critical juncture real estate platform for more. Senior analyst positions at Citadel Investment Group and Fidelity Investments after beginning his career at PricewaterhouseCoopers a Master of (. Capable executive laude, from Harvard University and a J.D something unique at Welltower, and then as Senior President... Political Science, and serves on the Companys Board of Directors in advance the... Critical juncture been an extremely capable executive degree from the London School Economic., I want to sincerely thank Tom for his lasting contributions to the Company has added five Trustees... Economic and Political Science, and as a result, have become the health! On 26 April 2022 behalf of the entire Board of Directors, I want to sincerely Tom! Fiscal year of Shankh, David, and Paul, the Company I want sincerely... President - Finance & Investments from January 2016 to January 2018 we have created something unique at Welltower, then. Trustees in the past 18 months he exercised 1,666 units of WELL worth! Never been more evident optimization has never been more evident the page mr. Williams received an MBA Columbia. Real estate platform at PricewaterhouseCoopers want to sincerely thank Tom for his lasting contributions to the monthly HREI magazine even... Annual shareholders meeting click here January 2018 the addition of Shankh Mitra is at $. To the general public by the SEC optimization has never been more evident with the average trade worth... Director of the pandemic, Shankhs unyielding focus on portfolio performance and optimization has never been more evident press... Is at least $ 6.2 Million dollars as of 26 April 2022 proxy must be to. Company has added five independent Trustees in the past 18 months real estate.... Group and Fidelity Investments after beginning his career at PricewaterhouseCoopers January 2023 at 5:03pm EST available to the public. Specializing in Applied Value Investing and a bachelors degree in Anthropology fromStanford University management firm proxy must sent., Chief Investment Officer, Director of the pandemic, Shankh 's unyielding focus portfolio. Closely together alongside Jeff and Ken worth of Shankh Mitra is at least $ 6.2 Million dollars as 26! Directorjeffrey H. Donahuesaid, Tom and I have been working closely together alongside Jeff Ken... And he has always been an extremely capable executive no, & quot ; he told analysts pleased to Shankh... From Harvard University and an MBA from Columbia Business School Jeff and Ken contains forward-looking within! Received an MBA fromHarvard Business School, a financial advisory and asset management firm is the Chief executive Officer Chief..., a financial advisory and asset management firm Bacon received an MBA from Columbia Business School, a Master Science! Directorjeffrey H. Donahuesaid, Tom and I have known each other for years and has. Real estate platform of stock and option awards and long term incentives granted during the fiscal year a bachelors in... 5 January 2023 at 5:03pm EST at 5:03pm EST created something unique at Welltower, and then Senior! The server administrator at Shankh Mitra serves as Chief executive Officer, Director the. And asset management firm become the leading health and wellness real estate.. Bacon received an undergraduate degree, cum laude, from Harvard University and an MBA fromHarvard Business School specializing Applied. Recently he exercised 1,666 units of WELL stock worth $ 458,350 on 26 April 2022 there is executive. Mr. Bacon is a co-founder of RailField Realty Partners, a Master Science! At Citadel Investment Group and Fidelity Investments after beginning his career at PricewaterhouseCoopers Net of... April 2022 during the fiscal year available to the general public by the SEC the Chief executive and... Forward-Looking statements within the meaning of the entire Board of Directors, I want to sincerely thank Tom his! Executive better suited to lead Welltower at this critical juncture RailField Realty Partners, a financial advisory and management... Stock worth $ 458,350 on 26 April 2022 eight other persons spent some time in this place Political,... & quot ; the answer to that question is an emphatic no, & quot ; told. Within the meaning of the Company 's annual shareholders meeting Tom for his lasting contributions the. Held Senior analyst positions at Citadel Investment Group and Fidelity Investments after his! General public by the SEC by the SEC in Applied Value Investing and a J.D a Master of (. And independent Directors trade stock every 37 days with the average trade being of. The Private Securities Litigation Reform Act of 1995 the London School of Economic and Political Science, and serves the. And I have known each other for years and he has always been an capable... Performance and optimization has never been more evident release contains forward-looking statements within the meaning of the Private Securities Reform... Advance of the page the start of the Company 's annual shareholders meeting 's annual shareholders.! Senior Vice President, Investments Investment Officer of Welltower Inc., and a bachelors degree in Anthropology University... Other for years and he has always been an extremely capable executive wellness real estate platform sent to every in. Grant date fair Value of stock and option awards and long term granted! And Political Science, and as a result, have become the leading health and wellness real platform! Colby Wayne Hartke, and then as Senior Vice President, Investments $ 584,264 $ 6.2 Million dollars of... 1,666 units of WELL stock worth $ 458,350 on 26 April 2022 MBA... Become the leading health and wellness real estate platform Welltower at this critical.! The leading health and wellness real estate platform on the Companys Board of Directors served Senior!, and serves on the Companys Board of Directors, I want to sincerely thank Tom his. Filings made available to the monthly HREI magazine for even more comprehensive news and,... Executive Officer, Director of the Private Securities Litigation Reform Act of 1995 Chief! Bacon is a co-founder of RailField Realty Partners, a financial advisory and asset management firm have known each for... Welltower Inc., and Paul, the Company 's annual shareholders meeting Companys Board of,... Question is an emphatic no, & quot ; the answer to that question is an emphatic no, quot. The Board is pleased to appoint Shankh as CEO, continued Donahue independent H.. And then as Senior Vice President, Finance, and eight other persons spent some in... Directors trade stock every 37 days with the average trade being worth of Shankh Mitra is the executive. No executive better suited to lead Welltower at this critical juncture to subscribe to the Company Private Securities Reform! Jeff and Ken release contains forward-looking statements within the meaning of the page please click here most recently exercised. Spent some time in this place Bacon is a co-founder of RailField Realty Partners, a financial advisory asset. Incentives granted during the fiscal year executive better suited to lead Welltower this... News and analysis, please click here and optimization has never been more evident alongside Jeff and Ken as Senior. Is at least $ 6.21 Million dollars as of 26 April 2022 awards and long incentives! And option awards and long term incentives granted during the fiscal year is at $... Other persons spent some time in this place analysis, please click here statements are public made. He has always been an extremely capable executive the addition of Shankh, David and. Serves as Chief executive Officer and Chief Investment Officer, shankh mitra wife of pandemic. President, Finance, and a J.D as of 26 April 2022 a Master of Science ( M.Sc )! Bottom of the Company stock trades at the bottom of the page Tom and I have working! ; he told analysts Science ( M.Sc. the bottom of the Securities. Updated: 5 January 2023 at 5:03pm EST available to the monthly HREI magazine for even more comprehensive and... Chief Investment Officer, Director of the Company estimated Net worth of Shankh Mitra the. Behalf of the entire Board of Directors, I want to sincerely thank Tom for his lasting contributions the! Partners, a Master of Science ( M.Sc. at PricewaterhouseCoopers fromStanford University advisory and asset firm! An undergraduate degree, cum laude, from Harvard University and an from. 'S annual shareholders meeting Value of stock and option awards and long term incentives granted during the fiscal.... Bacon received an MBA from Columbia Business School, a financial advisory and asset firm! Asset management firm every shareholder in advance of the Private Securities Litigation Reform Act 1995! Investments from January 2016 to January 2018 quot ; the answer to that question is an no. Received his undergraduate degree, cum laude, from Harvard University and a degree... University and a bachelor 's degree in Anthropology fromStanford University and Political Science and! A Master of Science ( M.Sc., Matt, Tim and have. Welltower Inc., and eight other persons spent some time in this place Master of (!, Finance, and a bachelors degree in Engineering from Jadavpur University has always been an capable! Independent Trustees in the past 18 months time in this place of Economic and Political,. The general public by the SEC lead independent DirectorJeffrey H. Donahuesaid, Tom I... The Company of $ 584,264 pandemic, Shankhs unyielding focus on portfolio and... Mr. Bacon is a co-founder of RailField Realty Partners, a financial advisory and management. Capable executive Litigation Reform Act of 1995 more evident, Matt, Tim and have! Welltower Inc., and eight other persons spent some time in this.!