Mr. Bacon joined Welltowers Board of Directors in 2016. Our headquarters are located in Glendale, California. He is a member of the board of directors of Comcast Corporation, having previously served as lead independent director, and of Ally Financial Inc. We expressly disclaim any obligation to update publicly or otherwise revise any forward-looking statements, whether because of new information, new estimates, or other factors, events or circumstances after the date of these forward looking statements, except when expressly required by law. 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. SHANKH MITRA is Chief Executive Officer, Chief Investment Officer, Director of Welltower. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the Shurgard brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. WELLTOWER INC. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. SHANKH MITRA corporate profile, background and performance evaluation including other Welltower executives He said he expects the other four properties to transition to the new operator by the end of the year. Mitra promised more personnel announcements. Were seeing what we believe to be a challenge in the marketplace today, and were pouncing on this opportunity as we are on the investment side.. With our highly-motivated team and an ultra-strong balance sheet, we are well positioned to drive significant long-term value for shareholders., 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. More information about this error may be available Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause Welltower's actual results to differ materially from Welltower's expectations discussed in the forward-looking statements. The communities will be operated by StoryPoint Senior Living under a new triple-net master lease. 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. All proxy statements are public filings made available to the general public by the SEC. 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. Of this total $1,000,039 was received as a salary, $3,920,000 was received as a bonus, $1,500,088 was received in stock options, $5,999,991 was awarded as stock and $333,592 came from other types of compensation. Shankh served as Executive Vice President and Chief Investments Officer and Chief Investment Officer, Chief Operating Officer and Vice Chair for Welltower. I am grateful to Tom for his mentorship and partnership and I deeply appreciate the confidence and trust the Board and my colleagues have placed in me," said Mr. Mitra. Mr. Williams is a member of the Economic Club of Chicago. On behalf of the entire Board of Directors, I want to sincerely thank Tom for his lasting contributions to the Company. Mr. Neithercut said, I have long respected Public Storages leadership in both the self-storage sector and real estate generally. Welltower is in a very strong position today and has a bright future., DeRosa commented, I am proud of our many accomplishments during my time as CEO and thankful to the board and the entire Welltower team for allowing me to pursue my vision. On average, Welltower executives and independent directors trade stock every 37 days with the average trade being worth of $584,264. 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. Patricia A Antonucci, Colby Wayne Hartke, and eight other persons spent some time in this place. When Welltower uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "pro forma," "estimate" or similar expressions that do not relate solely to historical matters, Welltower is making forward-looking statements. Please contact the server administrator at Mr. Mitra owns over 1,666 units of Welltower stock worth over $485,747 and over the last 5 years he sold WELL stock worth over $0. On record we show 3 phone numbers associated . "While COVID-19 has presented us with many challenges, the past six months have underscored Welltower's core value proposition: to serve as a strategic, nimble and creative capital allocator by leveraging our operator relationships and data platform. After careful thought and consideration of the companys current position and opportunities ahead, the Board and I have decided that now is the right time for me to hand the reins to Shankh. Argentum is the leading national trade association serving companies that own, operate, and support professionally managed senior living communities in the United States. Shankh Mitra is 39, he's been the Chief Executive Officer, Chief Investment Officer, and Director of Welltower since 2020. Although the last seven months have been very challenging for the senior housing triple net operators, the sequential stabilization we saw between the second and third quarter, along with relief funds from [the Department of Health and Human Services] to be received in the fourth quarter, should help our operators find their footing heading into 2021, said Tim McHugh, executive vice president and chief financial officer. He also held senior analyst positions at Citadel Investment Group and Fidelity Investments after beginning his career at PricewaterhouseCoopers. No credit card required. Executive Vice President - General Counsel & Corporate Secretary . 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 world's largest health and wellness real estate platform. https://welltower.com/october-business-update, Total SHO portfolio occupancy declined approximately 30 basis points (bps) during September to approximately 78.4% as of, Experienced consecutive occupancy increases during the last two weeks of September, marking the first period of back-to-back occupancy gains since the start of the pandemic, Total SHO portfolio occupancy declined approximately 150 basis points during the third quarter from approximately 79.9% to 78.4%, as compared to our outlook of -125-175bps, Triple-Net portfolio: collected 98% of rent due in third quarter of 2020, Outpatient Medical portfolio: 93.6% portfolio occupancy at, Since previous update, announced seniors housing and outpatient medical dispositions totaling over. We are encouraged by the relative stabilization of our operating performance and incredibly excited about the opportunity to deploy capital in attractive investment opportunities. Estate. from 8 AM - 9 PM ET. The Board is pleased to appoint Shankh as CEO, continued Donahue. The properties continue to be managed by Northbridge. Executive Vice President - Chief Operating Officer. 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. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Mr. Mitra will retain his CIO title and continue to lead Welltowers data analytics-driven capital allocation and operator relationships. Welltower today also issued a presentation on the Companys operations throughSeptember 30, 2020, which can be found at:https://welltower.com/october-business-updateHighlights of the presentation include: Mr. Mitra joined Welltower in 2016 and has served as the Companys Chief Investment Officer since 2018, adding the roles of Vice Chair and Chief Operating Offer inApril 2020. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. We observed such a trend during the recessionary circumstances of 2009; however, to date we have not seen any material change in the move-out patterns of long-term customers; risk of negative impacts on the cost and availability of debt and equity capital as a result of the COVID Pandemic, which could have a material impact upon our capital and growth plans; the impact of competition from new and existing self-storage and commercial facilities and other storage alternatives; the risk that our existing self-storage facilities may be at a disadvantage in competing with newly developed facilities with more visual and customer appeal; risk related to increased reliance on Google as a customer acquisition channel; difficulties in our ability to successfully evaluate, finance, integrate into our existing operations and manage properties that we acquire directly or through the acquisition of entities that own and operate self-storage facilities; risks associated with international operations including, but not limited to, unfavorable foreign currency rate fluctuations, changes in tax laws and local and global economic uncertainty that could adversely affect our earnings and cash flows; risks related to our participation in joint ventures; the impact of the legal and regulatory environment, as well as national, state and local laws and regulations including, without limitation, those governing environmental issues, taxes, our tenant reinsurance business, and labor, including risks related to the impact of new laws and regulations; risks of increased tax expense associated either with a possible failure by us to qualify as a REIT, or with challenges to the determination of taxable income for our taxable REIT subsidiaries; risks due to a November 2020 California ballot initiative (or other equivalent actions) that could remove the protections of Proposition 13 with respect to our real estate and result in substantial increases in our assessed values and property tax bills in California; changes in United States federal or state tax laws related to the taxation of REITs and other corporations; security breaches or a failure of our networks, systems or technology could adversely impact our operations or our business, customer and employee relationships or result in fraudulent payments; risks associated with the self-insurance of certain business risks, including property and casualty insurance, employee health insurance and workers compensation liabilities; difficulties in raising capital at a reasonable cost; delays and cost overruns on our projects to develop new facilities or expand our existing facilities; ongoing litigation and other legal and regulatory actions which may divert managements time and attention, require us to pay damages and expenses or restrict the operation of our business; and economic uncertainty due to the impact of war or terrorism. The Board is pleased to appoint Shankh as CEO, continued Donahue. Mr. Williams has served as a member of the board of directors of Compass Minerals International, Inc. (NYSE: CMP) since 2009 and has served on the board of directors of several funds in the American Funds mutual fund family (part of Capital Group) since early 2020. The Company also announced that Kenneth J. Bacon, who has been serving as an Independent Director on the Board since 2016, has been named Chairman. Forward-Looking Statements and Risk Factors. Mitra who has been serving as Vice Chair, Chief Operating Officer, and Chief Investment Officer is succeeding Thomas J. DeRosa. As Chief Executive Officer & Chief Investment Officer at WELLTOWER INC., Shankh Mitra made $12,753,710 in total compensation. Other recent leadership moves at the REIT included Kenneth Bacon, executive chairman of Link Logistic Real Estate, being named chairman of the board, succeeding DeRosa in that role, and Philip Hawkins appointment to the board. Lead independent directorJeffrey H. Donahuesaid, Tom and I have known each other for years and he has always been an extremely capable executive. Shankh has made over 9 trades of the Welltower stock since 2018, according to the Form 4 filled with the SEC. Public Storage Appoints Three New Independent Trustees, https://www.businesswire.com/news/home/20201213005046/en/, Business GLENDALE, Calif.--(BUSINESS WIRE)-- Shankh Mitra. Previously, he was a member of the Board of Directors of Bentall Kennedy L.P. until its acquisition by Sun Life Financial of Canada in 2015 and Forest City Realty Trust, Inc. until its acquisition by Brookfield in 2018. He also served as Senior Vice President, Finance, and then as Senior Vice President, Investments, before assuming his most recent roles. Tim McHugh. Mr. Bacon received an MBA fromHarvard Business School, a Master of Science (M.Sc.) He was a Senior Analyst at Citadel Investment Group and Fidelity Investments and began his career at PricewaterhouseCoopers where he served several global clients. No credit card required. 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. million verified professionals across 35 million companies. This may be a result of various factors, including, but not limited to: the duration and scope of the COVID-19 pandemic; the impact of the COVID-19 pandemic on occupancy rates and on the operations of Welltower and its operators/tenants; actions governments take in response to the COVID-19 pandemic, including the introduction of public health measures and other regulations affecting Welltowers properties and the operations of Welltower and its operators/tenants; the effects of health and safety measures adopted by Welltower and its operators/tenants related to the COVID-19 pandemic; increased operational costs as a result of health and safety measures related to COVID-19; the impact of the COVID-19 pandemic on the business and financial condition of operators/tenants and their ability to make payments to Welltower; disruptions to Welltowers property acquisition and disposition activity due to economic uncertainty caused by COVID-19; general economic uncertainty in key markets as a result of the COVID-19 pandemic and a worsening of global economic conditions or low levels of economic growth; the status of capital markets, including availability and cost of capital; uncertainty from the expected discontinuance of LIBOR and the transition to any other interest rate benchmark; issues facing the health care industry, including compliance with, and changes to, regulations and payment policies, responding to government investigations and punitive settlements and operators/tenants difficulty in cost effectively obtaining and maintaining adequate liability and other insurance; changes in financing terms; competition within the health care and seniors housing industries; negative developments in the operating results or financial condition of operators/tenants,including, but not limited to, their ability to pay rent and repay loans; Welltowers ability to transition or sell properties with profitable results; the failure to make new investments or acquisitions as and when anticipated; natural disasters and other acts of God affecting Welltowers properties; Welltowers ability to re-lease space at similar rates as vacancies occur; Welltowers ability to timely reinvest sale proceeds at similar rates to assets sold; operator/tenant or joint venture partner bankruptcies or insolvencies; the cooperation of joint venture partners; government regulations affecting Medicare and Medicaid reimbursement rates and operational requirements; liability or contract claims by or against operators/tenants; unanticipated difficulties and/or expenditures relating to future investments or acquisitions; environmental laws affecting Welltowers properties; changes in rules or practices governing Welltowers financial reporting; the movement of U.S. and foreign currency exchange rates; Welltowers ability to maintain Welltowers qualification as a REIT; key management personnel recruitment and retention; the impact of our senior leadership transition; and other risks described in Welltowers reports filed from time to time with the SEC. 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