Mr. Mitra served as Senior Analyst at Citadel Investment Group from April 2012 to June 2013 and Fidelity Investments from June 2009 to March 2012. Mr. Shankh Mitra is an Independent Trustee at Public Storage, a Director, Chief Executive & Investment Officer at Welltower, Inc. and a Member-Real Estate & Infrastructure Counsel at The World Economic Forum USA, Inc. Storage, Public Wood's Ark Invest nearly liquidates Silvergate Capital position, Musk bets big on beating shareholders at 'funding secured' trial, Investor Peltz, corporate doctor, pushes Disney to take bitter pill, BYD's Shares Fall After Warren Buffett Cuts Stake in Company Again, Shares of Ant-controlled companies, Alibaba rise after Jack Ma gives up control, Arnault tightens family grip on LVMH as daughter becomes Dior CEO, Circles: Another Bayer investor wants to split up - share price rises, Credit Suisse nears deal to buy Michael Klein's advisory firm - Bloomberg News, Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz, Cucinelli tops forecast with near 30% sales jump in 2022, Transcript : Welltower Inc., Q3 2022 Earnings Call, Nov 08, 2022, Transcript : Welltower Inc., Q2 2022 Earnings Call, Aug 10, 2022, Transcript : Welltower Inc., Q1 2022 Earnings Call, May 11, 2022, Transcript : Welltower Inc. Presents at Citi's 26th Annual Global Property CEO Conference 2022, Mar-08-2022 11:15 AM, Transcript : Welltower Inc., Q4 2021 Earnings Call, Feb 16, 2022, Transcript : Welltower Inc., Q3 2021 Earnings Call, Nov 05, 2021, Transcript : Welltower Inc., Q2 2021 Earnings Call, Jul 30, 2021, Member-Real Estate & Infrastructure Counsel. Last updated: 5 January 2023 at 5:03pm EST. Mr. Williams is a member of the Economic Club of Chicago. Lead independent directorJeffrey H. Donahuesaid, Tom and I have known each other for years and he has always been an extremely capable executive. Eight of the companies are still active while the remaining sixteen are now listed as inactive. No credit card required. Click here to register for our FREE healthcare real estate and/or life sciences real estate e-newsletters. Welltower Inc. (NYSE:WELL), an S&P 500 company headquartered inToledo, Ohio, is driving the transformation of health care infrastructure. In this role, Bacon will lead the board and partner with Mitra and the leadership team as they execute the companys strategy to create long-term shareholder value. and the actions you performed just before this error. 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. Prior to joining Welltower, Mr. Mitra was a Portfolio Manager investing in Real Estate Securities at Millennium Management, where he managed an accomplished team of investment professionals responsible for bottom-up underwriting of commercial real estate companies and portfolios, security selection, quantitative portfolio and risk management. Lead Independent DirectorJeffrey H. Donahuesaid, Tom and I have known each other for years and he has always been an extremely capable executive. Or to subscribe to the monthly HREI magazine for even more comprehensive news and analysis, please click here. He also served as Senior Vice President, Finance, and then as Senior Vice President, Investments, before assuming his most recent roles. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Previously, he was a member of the board of directors of Bentall Kennedy L.P., until its acquisition by Sun Life Financial ofCanadain 2015, and of Forest City Realty Trust, Inc., until its acquisition byBrookfieldin 2018. 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. In connection with those discussions, Elliott confidentially submitted, before the nomination deadline of December 12, 2020, the names of six nominees for election to the Public Storage Board of Trustees. 2020 Public Storage. Forward-Looking Statements and Risk Factors. He is a frequent speaker on investment topics and a regular contributor to leadership, health care, value investing, real estate, career, and alumni affairs at Columbia. He serves on the MBA Real Estate Program Advisory Board at Columbia University and as a trustee of Americold Realty Trust (NYSE:COLD). He also held senior analyst positions at Citadel Investment Group and Fidelity Investments after beginning his career at PricewaterhouseCoopers. to register for our FREE healthcare real estate and/or life sciences real estate e-newsletters. View source version on businesswire.com: John Burkart. from Yale Law School. million verified professionals across 35 million companies. Mr. Mitra served as Welltowers Senior Vice President - Finance & Investments from January 2016 to January 2018. Welltower Inc. (NYSE: WELL) has announced that it has named Shankh Mitra as Chief Executive Officer and he also joined the Board of Directors. He also served as Senior Vice President, Finance, and then as Senior Vice President, Investments, before assuming his most recent roles. "The answer to that question is an emphatic no," he told analysts. Shankh Mitra is Chief Executive Officer and Chief Investment Officer of Welltower Inc. and leads the Company's investments, structuring, development, predictive analytics, and asset management efforts. In April, we elevated Shankh to the roles of Vice Chair and COO with the intent that he would ultimately succeed Tom as CEO. Welltower Appoints Shankh Mitra Chief Executive Officer. Prior to joining Welltower, Mr. Mitra was a Portfolio Manager, Real Estate Securities, at Millennium Management, where he managed an accomplished team of investment professionals responsible for bottom-up underwriting of commercial real estate companies and portfolios, security selection, quantitative portfolio and risk management. He received his undergraduate degree from Jadavpur University and an MBA from Columbia Business School. Following these changes, the Board will have appointed five independent Trustees within the last 18 months. Also since the last earnings call, Welltower also entered into an agreement to acquire a portfolio of 25 assisted living and memory care communities located throughout the Midwest. We have the utmost confidence in Shankhs strategic vision and leadership and believe he is the right person to guide Welltower as it continues to successfully navigate the current environment and pursue the exciting next phase of growth for the Company., Mr. Mitra said, I am humbled and honored to serve as CEO of Welltower and to lead this remarkable team as we embark on the next chapter of our journey. Mr. Mitra earned an MBA in Applied Value Investing with Deans List honors from Columbia Business School (CBS) and holds a bachelors degree in engineering from Jadavpur University. DeRosa is stepping down as Chairman and CEO after leading Welltower . He is a member of the board of directors of Comcast Corporation, having previously served as lead independent director, and of Ally Financial Inc. Welltower, a real estate investment trust ('REIT'), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. Prior to forming RailField, Mr. Bacon spent 19 years at Fannie Mae, most recently serving as the Executive Vice President of the multifamily mortgage business fromJuly 2005toMarch 2012. Prior to forming RailField, Mr. Bacon spent 19 years at Fannie Mae, most recently serving as the Executive Vice President of the multifamily mortgage business from July 2005 to March 2012. Shankh Mitra Net Worth The estimated Net Worth of Shankh Mitra is at least Welltower stock worth over $568,495 and over the last 5 years he sold . Shankh Mitra, David Neithercut, and Paul Williams Bring Significant Financial, Real Estate Investing, and Corporate Governance Expertise and Leadership Experience Public Storage (NYSE:PSA) announced today the appointment of three new members to its Board of Trustees, effective January 1, 2021, including: Shankh Mitra, Chief Executive Officer, Chief Investment Officer and director of Welltower . Mr. Mitra served as Welltowers Senior Vice President - Investments from January 2018 to August 2018. Mr. Bacon joined Welltower's Board of Directors in 2016. 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. Welltower Appoints Shankh Mitra Chief Executive Officer, Healthcare Apprenticeship Expansion Program. Mr. Mitra received an MBA from Columbia Business School specializing in Applied Value Investing and a bachelor's degree in Engineering from Jadavpur University. Please contact the server administrator at Since the start of the pandemic, Shankhs unyielding focus on portfolio performance and optimization has never been more evident. Shankh Mitra Chief Executive Officer at Welltower Inc. (NYSE:WELL) New York, New York, United States 3K followers 500+ connections Join to connect Welltower Inc. (NYSE:WELL) Activity It is with. 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. Welltowers COVID-19 expenses were about $17 million for the third quarter and $61 million for the year as of Sept. 30. For more information, visitwelltower.com. Mr. Mitra received an M.B.A. from Columbia Business School specializing in Applied Value Investing and a bachelor's degree in Engineering from Jadavpur University. As of October 5, 2020, near-term liquidity totaled $5.3 billion. We are encouraged by the relative stabilization of our operating performance and incredibly excited about the opportunity to deploy capital in attractive investment opportunities. Prior to joining Welltower, he was a portfolio manager investing in real estate securities at Millennium Management, where he managed an accomplished team of investment professionals responsible for bottom-up underwriting of commercial real estate companies and portfolios, security selection, quantitative portfolio and risk management. Shankh Mitra, David Neithercut, and Paul Williams Bring Significant Financial, Real Estate Investing, and Corporate Governance Expertise and Leadership Experience. These forward-looking statements speak only as of the date of this press release. 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. As a veteran of the REIT space, I recognize the strength of Public Storages business and financial foundation, as well as the talent of the management team and Board. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). shankh mitra wife. 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. Estate and/or life sciences real estate and/or life sciences real estate and/or sciences! 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