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Sunrise Senior Living Founder and CEO to Become Chairman
Date:7/16/2008

an for many years and his proven business skills and enthusiasm for what we do will make him a very effective leader. He and the entire Sunrise team can count on my continued active support," said Paul Klaassen.

Mr. Ordan joined Sunrise as chief investment and administrative officer earlier in 2008, after having served most recently as CEO and a director of The Mills Corporation. Previously, he founded and was CEO for Fresh Fields Markets, Inc., served as CEO for Balducci's and also sat on the board of Federal Realty Investment Trust for ten years, serving as non-executive chairman for five years.

"I am honored to have the opportunity to serve Sunrise as CEO and to follow Paul Klaassen, who has been a true pioneer for senior living. Paul built a company with a unique resident-centered culture and distinctive high-quality communities, which has become the leading developer-operator in the $140 billion senior living field. With Paul's continued guidance, I look forward to working with the board and our team to champion quality of life for the residents and families we serve and to build long-term value for our shareholders," said Mark Ordan.

Sunrise also confirmed today that it intends to shortly add two new independent directors to its Board of Directors and that it expects to file its Form 10-K for the year ended December 31, 2007 on July 31, 2008. Following the filing of its 2007 Form 10-K, Sunrise plans to file its quarterly reports on Form 10-Q for 2008.

About Sunrise Senior Living

Sunrise Senior Living, based in McLean, Va., employs approximately 40,000 people. As of March 31, 2008, Sunrise operated 441 communities in the United States, Canada, Germany and the United Kingdom, with a combined capacity for more than 54,000 residents. At quarter end, Sunrise also had 40 communities under construction in these countries with a combined capacity for 5,300 additional residents. Sunrise offers a full range of personalized senior livin
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SOURCE Sunrise Senior Living, Inc.
Copyright©2008 PR Newswire.
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