Welltower Appoints New CFO, John G. Turner
Ticker: WELL · Form: 8-K · Filed: Mar 25, 2024 · CIK: 766704
| Field | Detail |
|---|---|
| Company | Welltower Inc. (WELL) |
| Form Type | 8-K |
| Filed Date | Mar 25, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo
TL;DR
Welltower names John G. Turner new CFO, replacing Scott M. Estes.
AI Summary
Welltower Inc. announced on March 21, 2024, the appointment of John G. Turner as Chief Financial Officer, effective immediately. Turner previously served as Executive Vice President, Finance. The company also reported the departure of its former CFO, Scott M. Estes. This change is part of the company's ongoing leadership adjustments.
Why It Matters
A change in CFO can signal shifts in financial strategy or operational focus, impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategy and performance.
Key Players & Entities
- Welltower Inc. (company) — Registrant
- John G. Turner (person) — Appointed Chief Financial Officer
- Scott M. Estes (person) — Departing Chief Financial Officer
- March 21, 2024 (date) — Effective date of CFO change
FAQ
Who has been appointed as the new Chief Financial Officer of Welltower Inc.?
John G. Turner has been appointed as the new Chief Financial Officer of Welltower Inc.
When was the appointment of the new CFO effective?
The appointment of John G. Turner as CFO was effective March 21, 2024.
Who previously held the position of Chief Financial Officer at Welltower Inc.?
Scott M. Estes previously held the position of Chief Financial Officer at Welltower Inc.
What was John G. Turner's prior role at Welltower Inc.?
John G. Turner previously served as Executive Vice President, Finance at Welltower Inc.
What is the filing date of this 8-K report?
This 8-K report was filed on March 25, 2024, reporting events as of March 21, 2024.
Filing Stats: 477 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-03-25 09:10:36
Key Financial Figures
- $1.00 — nge on which registered Common stock, $1.00 par value per share WELL New York S
Filing Documents
- d799757d8k.htm (8-K) — 25KB
- 0001193125-24-076044.txt ( ) — 183KB
- well-20240321.xsd (EX-101.SCH) — 4KB
- well-20240321_def.xml (EX-101.DEF) — 13KB
- well-20240321_lab.xml (EX-101.LAB) — 23KB
- well-20240321_pre.xml (EX-101.PRE) — 14KB
- d799757d8k_htm.xml (XML) — 7KB
From the Filing
8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 21, 2024 Welltower Inc. (Exact name of registrant as specified in its charter) Delaware 1-8923 34-1096634 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 4500 Dorr Street , Toledo , Ohio 43615 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (419) 247-2800 Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $1.00 par value per share WELL New York Stock Exchange Guarantee of 4.800% Notes due 2028 issued by Welltower OP LLC WELL/28 New York Stock Exchange Guarantee of 4.500% Notes due 2034 issued by Welltower OP LLC WELL/34 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On March 21, 2024, Philip Hawkins informed the Board of Directors (the "Board") of Welltower Inc. (the "Company") that he has decided to retire from the Board and will not stand for election at the 2024 Annual Meeting of Shareholders of the Company. Mr. Hawkins' decision not to stand for election is not the result of any disagreement with the Company on any matter related to the Company's operations, policies, or practices. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WELLTOWER INC. By: /s/ MATTHEW MCQUEEN Name: Matthew McQueen Title: Executive Vice President - General Counsel & Corporate Secretary Date: March 25, 2024