Last $33.91 USD
Change Today -0.24 / -0.70%
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As of 8:04 PM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

brookdale senior living inc (BKD) Key Developments

Brookdale Senior Living Inc. Announces the Expansion of Current Corporate Headquarters

Brookdale Senior Living Inc. announced that the company will expand its current corporate headquarters at 111 Westwood Pl. in Brentwood. Through this expansion, the company will invest $2.1 million and add 162 new jobs over the course of five years.

Brookdale Senior Living Inc. Presents at Goldman Sachs 35th Annual Global Healthcare Conference, Jun-10-2014 02:40 PM

Brookdale Senior Living Inc. Presents at Goldman Sachs 35th Annual Global Healthcare Conference, Jun-10-2014 02:40 PM. Venue: Terranea Resort in Rancho Palos Verdes, 100 Terranea Way, Los Angeles, California, United States. Speakers: Andy Smith, CEO.

Brookdale Senior Living Inc., Annual General Meeting, Jul 07, 2014

Brookdale Senior Living Inc., Annual General Meeting, Jul 07, 2014., at 10:00 Central Standard Time. Location: 111 Westwood Place. Agenda: To elect two Class I directors to hold office for a term of three years and until their successors are duly elected and qualified; to ratify the audit committee's appointment of Ernst & Young LLP as independent registered public accounting firm for the company for the 2014 fiscal year; to hold an advisory vote to approve named executive officer compensation; to hold a vote to approve the Brookdale Senior Living Inc. 2014 Omnibus Incentive Plan; and to transact such other business as may properly come before the Annual Meeting or any adjournments or postponements thereof.

W.E. Sheriff Intends Not to Stand for Re-Election to Brookdale Senior Living Inc.'s Board of Directors

On June 1, 2014, W.E. Sheriff notified Brookdale Senior Living Inc. of his intention not to stand for re-election to the company's Board of Directors at the 2014 Annual Meeting of Stockholders and that his term as a Class I director will therefore end at the conclusion of the 2014 annual meeting of stockholders. The decision of Mr. Sheriff not to stand for re-election did not result from any disagreement with the company relating to its operations, policies or practices.

Brookdale Senior Living Inc. Announces Board Changes

On June 2, 2014, affiliates of certain funds managed by affiliates of Fortress Investment Group LLC completed a sale of all of the shares of common stock of Brookdale Senior Living Inc. held by them. Pursuant to the letter agreement entered into with the Fortress Stockholders in connection with the company's previously announced Agreement and Plan of Merger, dated as of February 20, 2014, by and among the company, Broadway Merger Sub Corporation and Emeritus Corporation, immediately following the completion of the Fortress Sale, Wesley R. Edens and Randal A. Nardone resigned as members of the company's Board of Directors. On June 3, 2014, the Board appointed T. Andrew Smith, the company's Chief Executive Officer, to the Board as a Class I director. As an affiliated director, Mr. Smith will not receive any compensation from the company for service as a member of the Board.

 

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