8-KLeadership Changes

WELLTOWER INC. 8-K Report, Executive Changes (Jan 28, 2005)

Filed January 28, 2005For Securities:WELL

Summary

This 8-K filing by Health Care REIT, Inc. (WELL) announces a change in its principal accounting officer, effective February 4, 2005. Paul D. Nungester, Jr., the current Controller, will assume the role of Principal Accounting Officer. Mr. Nungester has been with the company since March 2001 and has served as Controller since September 2002, bringing with him experience from his prior roles as a financial analyst and with Ernst & Young LLP. This appointment is a standard operational update, reflecting internal management changes within the company's finance department. Michael A. Crabtree, who has held both the Treasurer and Principal Accounting Officer positions since July 2000, will continue in his role as Treasurer. The company has ensured a smooth transition by separating the roles, allowing Mr. Crabtree to focus on his Treasurer responsibilities while Mr. Nungester takes on the Principal Accounting Officer duties. This change is not indicative of any strategic shifts but rather a procedural update in corporate governance and financial oversight.

Key Highlights

  • 1Paul D. Nungester, Jr. appointed as Principal Accounting Officer, effective February 4, 2005.
  • 2Mr. Nungester has served as Controller of Health Care REIT, Inc. since September 2002.
  • 3Mr. Nungester joined the company in March 2001.
  • 4Prior experience includes financial analyst at Mercy Health Partners and accountant at Ernst & Young LLP.
  • 5Michael A. Crabtree will continue to serve as Treasurer.
  • 6Mr. Crabtree previously held both Treasurer and Principal Accounting Officer roles.
  • 7This is an update on principal officer appointments and departures.

Frequently Asked Questions

Paul D. Nungester, Jr. has been designated as the new Principal Accounting Officer, effective February 4, 2005.

This filing represents an administrative update regarding the company's principal officers. Paul D. Nungester, Jr. is taking on the role of Principal Accounting Officer, while Michael A. Crabtree will continue as Treasurer. This is a normal part of corporate governance and financial management.

Yes, Michael A. Crabtree will continue to serve as the Treasurer of the company. He previously held both the Treasurer and Principal Accounting Officer roles.

Mr. Nungester, 31, joined Health Care REIT, Inc. in March 2001 and has been the Controller since September 2002. His prior experience includes serving as a financial analyst for Mercy Health Partners and as an accountant with Ernst & Young LLP.