Navigation Links
Sunrise Senior Living Names Mark Ordan Chief Investment and Administrative Officer

MCLEAN, Va., March 20 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE: SRZ) today announced the appointment of Mark S. Ordan as Chief Investment and Administrative Officer, effective March 19, 2008.

Prior to joining Sunrise, Mr. Ordan was the Chief Executive Officer and a Director of The Mills Corporation, where he oversaw the eventual sale of The Mills to Simon Property Group and Farallon in May 2007. Previously, he founded and was Chief Executive Officer of Fresh Fields Markets, which was later sold to Whole Foods Markets, and also served as Chief Executive Officer for Balduccis, a specialty grocery store. Mr. Ordan also served on the board of Federal Realty Investment Trust for ten years, a New York Stock Exchange listed REIT, for which he served as non-executive Chairman for five years. He began his career after business school in the equities division of Goldman Sachs. Mr. Ordan is a graduate of Vassar College and received his master's of business administration from Harvard Business School.

"We're delighted to have someone of Mark's caliber and experience join the Sunrise team. His strong operations, governance and capital markets background will further support our continued growth," said Paul Klaassen, Founder and Chief Executive Officer for Sunrise.

"I am excited to join Paul and the entire Sunrise team who have built an extraordinary company that leads a rapidly growing industry. Sunrise's active development pipeline and pioneering senior living services are like no other, and I look forward to contributing to the company's mission of championing quality of life," said Mr. Ordan.

About Sunrise Senior Living

Sunrise Senior Living, a McLean, Va.-based company, employs approximately 40,000 people. As of December 31, 2007, Sunrise operated 457 communities in the United States, Canada, Germany and the United Kingdom, with a combined capacity for approximately 54,000 residents. As of December 31, 2007, Sunrise also had 45 communities under construction in these countries with a combined capacity for 5,800 additional residents. Sunrise offers a full range of personalized senior living services, including independent living, assisted living, care for individuals with Alzheimer's and other forms of memory loss, as well as nursing, rehabilitative and hospice care. Sunrise's senior living services are delivered by staff trained to encourage the independence, preserve the dignity, enable freedom of choice and protect the privacy of residents. To learn more about Sunrise, please visit

Forward-Looking Statements

Certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Sunrise believes the expectations reflected in such forward- looking statements are based on reasonable assumptions, there can be no assurances that its expectations will be realized. Sunrise's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors, including, but not limited to, completion of the Company's restatement of its historical financial statements; the length of time needed for Sunrise to complete the restatement and for Ernst & Young LLP to complete its audit procedures for any reason, including the detection of new errors or adjustments; the time required for the Company to prepare and file its 2006 Form 10-K, 2007 Form 10-K, Form 10-Q for the quarter ending March 31, 2008 and Form 10-Qs for the first three quarters of 2007 and for Ernst & Young to complete its work on its audits of the 2006 and 2007 financial statements and its reviews of the Form 10-Qs; any suspension or delisting of the Company's stock from trading on the NYSE; the Company's ability to remediate material weaknesses in internal controls over financial reporting; the outcome of the SEC's investigation; the outcomes of pending putative class action and derivative litigation; the outcome of the lawsuit filed by the Company's former CFO; the outcome of the Trinity OIG investigation and qui tam proceeding; the outcome of the IRS audit of the Company's tax returns for the tax years ended December 31, 2005 and 2006, and employment tax returns for 2004, 2005 and 2006; the outcome of the exploration of strategic alternatives; the Company's ability to comply with the terms of the amendment of its bank credit facility or to obtain a further extension of the period for providing the lenders with required financial information; development and construction risks and the Company's ability to complete those projects currently under construction; acquisition risks; licensing risks; business conditions; competition; changes in interest rates; the Company's ability to manage its expenses; market factors that could affect the value of the Company's properties; the risks of downturns in general economic conditions; availability of financing for development and acquisitions; and other risks detailed in the Company's latest annual report on Form 10-K filed with the SEC. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

SOURCE Sunrise Senior Living, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Sunrise Announces NYSE Deadline Extended
2. Sunrise Misses NYSE Deadline for Filing 2006 Form 10-K
3. Sunrise Reports Preliminary Selected Financial and Operating Data for Fourth-Quarter 2007
4. Sunrise Announces Release Date for Fourth-Quarter Preliminary Selected Financial and Operating Data
5. Sunrise to Unveil New Residence for Seniors at Clayton on the Park
6. Eclipsys Announces Strong Market Momentum for Sunrise Pharmacy
7. Eclipsys Sunrise Radiology Helps Trinitas Hospital Achieve Financial Outcome Improvements
8. Sunrise Senior Living Opens First Custom-Built Community for Early, Mid and Late Stage Alzheimers Care Programs
9. Sunrise Reports Preliminary Selected Financial and Operating Data for Third-Quarter 2007
10. Eclipsys Sunrise Acute Care Receives CCHIT Certification
11. Sunrise Settles Litigation Regarding Its 2007 Annual Meeting
Post Your Comments:
(Date:11/27/2015)... ... November 27, 2015 , ... Lizzie’s Lice Pickers just ... is offering customers 10% off of their purchase of lice treatment product. In addition, ... price. According to a company spokesperson. “Finding lice is a sure way to ruin ...
(Date:11/27/2015)... ... November 27, 2015 , ... Intellitec Solutions announced today that ... (MSDSLUG). Recognized as Microsoft’s official group for end users of Dynamics SL ERP ... partners, industry experts and representatives. Intellitec Solutions’ membership status demonstrates their ongoing commitment ...
(Date:11/27/2015)... Chicago, IL (PRWEB) , ... November 27, 2015 ... ... some of the largest, most successful and prominent nonprofit healthcare organizations in the ... and governance involvement with various organizations, and helped advance the healthcare industry as ...
(Date:11/26/2015)... NV (PRWEB) , ... November 26, 2015 , ... Inevitably ... strategy. Many customers choose to buy during the Black Friday and Cyber Monday ... Shoppers don’t need to search the Internet high and low to find the best ...
(Date:11/26/2015)... (PRWEB) , ... November 26, 2015 , ... PRMA Plastic ... November 19, 2015, our surgeons performed their 6,000th free flap breast reconstruction surgery! , ... wake up every day excited to rebuild lives and it’s an honor to have ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... November 26, 2015 ... "Self Administration of High Viscosity Drugs" report ... has announced the addition of the "Self ... their offering. --> Research and Markets ... the "Self Administration of High Viscosity Drugs" ...
(Date:11/26/2015)... , November 26, 2015 /PRNewswire/ ... announced the addition of the  "2016 ... the European Cell Surface Marker Testing ... Opportunities"  report to their offering.  ... the addition of the  "2016 Future ...
(Date:11/25/2015)... , Nov. 25, 2015  Amgen (NASDAQ: ... License Application (BLA) with the United States ... ABP 501, a biosimilar candidate to Humira ® ... biosimilar application submitted to the FDA and represents Amgen,s ... Sean E. Harper , M.D., executive vice president ...
Breaking Medicine Technology: