The Board of Directors of Omega Healthcare Investors, Inc. (the
“Company”) has appointed Mr. Craig R. Callen and Ms. Barbara B. Hill to
the Board of Directors of the Company effective as of April 1, 2013.
Mr. Callen is currently a Senior Advisor to Crestview Advisors, LLC, a
private equity firm with over $4.0 billion under management. He was Sr.
Vice President and Head of Strategic Planning and Business Development
and a member of the Executive Committee for Aetna, Inc. from 2004 to
2007. Mr. Callen was previously Managing Director and co-head of U.S.
health care investment banking at Credit Suisse First Boston (CSFB). Mr.
Callen was also co-head of health care investment banking at Donaldson,
Lufkin & Jenrette prior to its acquisition by CSFB. Mr. Callen is
currently a director of Symbion, Inc., a Crestview portfolio company
operating surgical facilities and was previously a director of Sunrise
Senior Living, Inc. from 1999 through 2008 and Kinetic Concepts, Inc.
from 2009 through 2011.
Ms. Hill is currently an Operating Partner of Moelis Capital Partners, a
private equity firm, where she focuses on healthcare-related investments
and providing strategic and operating support for Moelis’ healthcare
portfolio companies. She has served as an Operating Partner of Moelis
Capital Partners since March 2011. From March 2006 to September 2010,
Ms. Hill served as Chief Executive Officer and a director of
ValueOptions, Inc., a managed behavioral health company, and FHC Health
Systems, Inc., its parent company. Prior to that, from August 2004 to
March 2006, she served as Chairman and Chief Executive Officer of
Woodhaven Health Services, an institutional pharmacy company. In
addition, from 2002 to 2003, Ms. Hill served as President and a director
of Express Scripts, Inc., a pharmacy benefits management company. In
previous positions, Ms. Hill was responsible for operations nationally
for Cigna HealthCare, and also served as the CEO of health plans owned
by Prudential, Aetna, and the Johns Hopkins Health System. She was
active with the boards or committees of the Association of Health
Insurance Plans and other health insurance industry groups. Currently,
she serves as a board member of St. Jude Medical Corporation, a medical
device company, and Revera Inc., a Canadian company operating senior
facilities throughout Canada and the U.S. In addition, she has been
nominated for election to the board of directors of Integra LifeSciences
Holdings Corporation, a medical device company at its annual meeting on
May 22, 2013.
Mr. Callen was appointed to the class of directors whose terms expire at
the 2015 annual meeting of stockholders. Ms. Hill was appointed to the
class of directors whose terms expire at the 2014 annual meeting of
stockholders.
The Company is a real estate investment trust investing in and providing
financing to the long-term care industry. At December 31, 2012, the
Company owned or held mortgages on 476 skilled nursing facilities,
assisted living facilities and other specialty hospitals with
approximately 55,279 licensed beds (53,104 available beds) located in 33
states and operated by 46 third-party healthcare operating companies.
