01—Abstract
Summary
Summary of the 8-K filed November 17, 2025. Cited figures are marked; the original filing is the authoritative source.
Ventas, Inc. (NYSE: VTR) announced on November 17, 2025 that Peter J.
Bulgarelli, Executive Vice President, Outpatient Medical & Research and President and CEO of Lillibridge Healthcare Services, Inc., is expected to retire effective May 1, 2026. Mr. Bulgarelli will remain in his role through that date, giving the company lead time to conduct a comprehensive search for his replacement and to manage an orderly transition of duties to his successor. According to the accompanying press release (Exhibit 99.1), Chairman and CEO Debra A.
Cafaro credited Bulgarelli with elevating the Outpatient Medical & Research and Lillibridge businesses, strengthening client and partner relationships, and achieving industry-leading tenant satisfaction and retention. Cafaro also noted that he has developed a deep bench of leaders across these businesses. Bulgarelli oversees the Outpatient Medical & Research and Triple-Net Leased Healthcare businesses and the wholly-owned property management and leasing subsidiary Lillibridge Healthcare Services.
He joined Ventas in 2018 after a twenty-eight-year career at Jones Lang LaSalle. The filing describes a planned, advance-notice executive retirement rather than a financial event. It does not report any financial results, guidance, or changes to Ventas's operations beyond the leadership transition.
02—Key points
Key Highlights
- Peter J. Bulgarelli, EVP Outpatient Medical & Research and CEO of Lillibridge Healthcare Services, will retire effective May 1, 2026.
- Bulgarelli will remain in his role through the effective date to support an orderly transition of duties.
- Ventas will conduct a comprehensive search for a successor, with advance notice providing lead time.
- Chairman and CEO Debra A. Cafaro credited Bulgarelli with strengthening client relationships and achieving industry-leading tenant satisfaction and retention.
- Bulgarelli oversees the Outpatient Medical & Research and Triple-Net Leased Healthcare businesses and Lillibridge Healthcare Services.
- Bulgarelli joined Ventas in 2018 after a twenty-eight-year career at Jones Lang LaSalle.
- The filing reports no financial results or guidance; the disclosure concerns the executive leadership change only.
03—Questions
Frequently Asked Questions
Why is Peter Bulgarelli retiring, and when does it take effect?
The filing states that Bulgarelli informed the company of his intention to retire, with the retirement expected to be effective May 1, 2026. The filing does not give a reason for the retirement.
Who will replace Bulgarelli?
No successor has been named. Ventas says it will commence a search process to identify a successor, and Bulgarelli will assist with the transition of his duties.
What businesses does Bulgarelli oversee?
According to the press release, he oversees Ventas's Outpatient Medical & Research and Triple-Net Leased Healthcare businesses, as well as its wholly-owned property management and leasing subsidiary, Lillibridge Healthcare Services.
Does this announcement affect Ventas's financial outlook?
The filing contains no financial results, guidance, or operational changes. It addresses only the planned retirement of a senior executive and the process for managing the transition.
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