Brookdale Senior Living Inc. will be undergoing some leadership changes. Effective Mar. 18, 2016. Mark Ohlendorf, the current president, will step down and Kristin Ferge, the executive vice president and former chief accounting officer and treasurer, will step down effective Mar. 11, 2016.
Upon the effective date of Ohlendorf's departure from the company, Andy Smith, Brookdale's CEO, will assume the role of president and chief executive officer.
Labeed Diab will assume oversight of Brookdale’s service alignment and owner relations functions, and Lucinda (Lucy) Baier will assume oversight of pricing, revenue cycle management and analytics initiatives. Smith will oversee corporate development function and strategy as well as innovation initiatives.
Ohlendorf has served in a variety of executive leadership roles for Brookdale and one of its predecessor companies since 1997, including service as Brookdale's chief financial officer from March 2007 until November 2015. Ferge joined one of Brookdale's predecessors in 1998 and has served as an executive vice president of Brookdale since August 2005 and as chief accounting officer from July 2014 through January 2016.