TOLEDO, Ohio, Feb. 24, 2017 /PRNewswire/ -- Welltower Inc. (NYSE: HCN) Chief Executive Officer Tom DeRosa will join CEOs of Fortune 500 companies to discuss long-term value creation strategies at CECP's inaugural Strategic Investor Initiative (SII) CEO/Investor Forum, part of CECP's 12th Annual Board of Boards. CECP, the CEO Force for Good, is a coalition of leaders from the business and investment world who believe a company's social strategy is key to superior shareholder returns over time.
CECP created the SII to connect the world's leading companies and institutional investors and increase dialog on long-term value creation. The initiative was precipitated by comments from nine out of ten CEOs at CECP's 2016 Board of Boards, who said they spent too much time on short-term issues and urged companies and investors to focus on long-term capital deployment and sustainable growth plans.
Tom DeRosa's presentation at the CECP Investor Forum, February 27, 2017 at 3:00 p.m. (Eastern Time), will be webcast and available for viewing through CECP's website at the following link: http://wsw.com/webcast/cecp. A replay of his presentation will also be available via the above link shortly following the conclusion of the program.
"The 'Silver Economy' opportunity as a result of aging population growth is one of the most important investment themes of this century," said Tom DeRosa, CEO of Welltower. "The elderly are the fastest growing segment of our population, and health care costs are simply not sustainable based on demographic and disease trends. Innovation to help people live well as they age and deliver better care at lower cost is at the core of Welltower's strategy for creating value for our shareholders."
Welltower is at the forefront of investing in innovative health care infrastructure to create the physical and social environments necessary to promote wellness and quality of life for the aging population. Welltower's operating platform supports post-acute care, independent living, assisted living and memory care facilities for more than 200,000 elderly residents and state-of-the-art outpatient medical facilities handling more than 16 million patient visits annually.
"The inaugural CEO Investor Forum will be a watershed moment to accelerate the shift away from short-term myopia on Wall Street towards long-term sustainable value creation," said Mark Tulay, Director, Strategic Investor Initiative, CECP. "SII is looking forward to connecting leading CEOs with long-term investors so that together we can focus on the new normal of driving long-term value creation."
Welltower Inc. (NYSE: HCN), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. 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. Welltower™, a real estate investment trust (REIT), owns interests in approximately 1,400 properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties. More information is available at www.welltower.com.
About CECP: The CEO Force for Good
CECP is a CEO led coalition that believes that a company's social strategy — how it engages with key stakeholders including employees, communities, investors, and customers —determines company success. Founded in 1999 by actor and philanthropist Paul Newman and other business leaders to create a better world through business, CECP has grown to a movement of more than 200 of the world's largest companies that represent $7 trillion in revenues, $18.6 billion in societal investment, 13 million employees, and $15 trillion in assets under management. CECP helps companies transform their social strategy by providing customized connections and networking, counsel and support, benchmarking and trends, and awareness building and recognition. For more information, visit http://cecp.co.
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SOURCE Welltower Inc.