Ventas Chairman and CEO Debra A. Cafaro to Receive Cyrus McCormick Making History Award for Historic Corporate Achievement
Ventas, Inc. (NYSE:VTR) today announced that Chairman and Chief Executive Officer Debra A. Cafaro will receive the Cyrus McCormick Making History Award for Historic Corporate Achievement at the Chicago History Museum's 32nd Annual Making History Awards this evening.
The Cyrus McCormick Making History Award for Historic Corporate Achievement recognizes business leaders and organizations whose work has made enduring contributions to Chicago's economic and civic life. Under Cafaro's leadership, Ventas has grown into one of the world's leading enterprises at the center of the longevity economy, with ownership of over 1,400 properties and a mission focused on serving a large and growing aging population. The Company is headquartered in Chicago.
"Debra Cafaro exemplifies the leadership and vision that have long defined Chicago's business community," said Michael Anderson, Interim President and Chief Executive Officer of the Chicago History Museum. "Through hard work, enduring determination and exceptional strategic leadership, she has built Ventas into one of Chicago's leading public companies, delivering tremendous value along the way. We are proud to celebrate Debra's contributions to Chicago and beyond."
Since 1999, Cafaro has led Ventas through a multi-decade period of strategic growth and value creation – expanding the Company's market capitalization from $200 million to more than $40 billion. Ventas has grown to a nearly $57 billion enterprise and is the second-largest owner of senior housing in the world, with approximately 900 communities that are home to nearly 100,000 residents and employ over 60,000 workers. Across its properties, the Company is positioned to meet the increasing demand for its high-quality environments that support health, longevity and well-being.
A prominent civic leader in Chicago and beyond, Cafaro is a past Chair of the Economic Club of Chicago and serves on the boards of The PNC Financial Services Group, Inc. (NYSE:PNC), The University of Chicago and the Civic Committee and the Commercial Club of Chicago, in addition to her leadership work for several national organizations. She is also an owner of the NWSL Chicago Stars FC, as well as the MLB Baltimore Orioles and the NHL Pittsburgh Penguins. Cafaro's biography is available here.
"Chicago has provided a vibrant backdrop for us to grow Ventas over the past three decades," said Cafaro. "I'm honored to accept this award with deep gratitude to my outstanding colleagues, past and present, whose work is dedicated to supporting people as they age and to strengthening the communities and stakeholders we serve. I'm proud to join fellow honorees whose contributions have left an important mark on Chicago's history and continue to shape its future."
The Making History Awards support the Chicago History Museum's mission to connect people to the city's history and each other through learning, inspiration and civic engagement.
About Ventas
Ventas, Inc. (NYSE:VTR) is an S&P 500 company enabling exceptional environments that benefit a large and growing aging population. With more than 1,400 properties in North America and the United Kingdom, Ventas occupies an essential role in the longevity economy. The Company's growth is fueled by its approximately 900 senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments. Ventas aims to deliver outsized performance by leveraging its operational expertise, data-driven insights from its Ventas OITM platform, extensive relationships and strong financial position. The Ventas portfolio also includes outpatient medical buildings, research centers and healthcare facilities. Ventas's seasoned team of talented professionals shares a commitment to excellence, integrity and a common purpose of helping people live longer, healthier, happier lives.
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