Corp America January 2017

16 CORP AMERICA / JANUARY 2017 , Welltower is driving an evolution in health care so an aging population can live well. The company delivers the health care infrastructure necessary to facilitate better treatment at lower cost and keep patients out of the hospital. Executive Vice President and Chief Financial Officer Scott Estes talks us through his role in the firmand the story behind its success. Building Excellence in Health Care Infrastructure Welltower 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, owns more than 1,400 properties 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. Scott, who has been Chief Financial Officer at Welltower since 2006, outlines his responsibilities and how he works to drive the firm to excellence. “Through my role as CFO at Welltower, I develop the company’s financial strategy, manage investment banking and analyst relationships and lead capital raising. I oversee eight functional areas, including all fiscal functions as well as research, media and corporate communications and tax. I am fortunate to work with knowledgeable and talented leaders across the company. While I devote the majority of my time to leading meetings with investors and analysts regarding our corporate strategy, I also am fully engaged with our operating partners, internal teams and key industry associations. “During my time with Welltower, I have witnessed tremendous growth and a transformation of our company. The firm’s enterprise value has grown to $41 billion over the past 10 years (as of 9/30/16). Welltower has grown to become the largest health care REIT and the sixth largest REIT, by enterprise value, in the U.S. The majority of our portfolio consists of seniors housing communities. With the aging of the baby boomers, this sector of health care is poised for even greater growth in the next two decades. Overall, this is an incredibly exciting time for Welltower and I am thrilled to be in this role, helping to lead our company as we drive an evolution in health care infrastructure.” Prior to joining Welltower, Scott held positions including equity research analyst and vice president at three major financial firms: Morgan Stanley Dean Witter, Bank of America Securities and Deutsche Bank Securities. During the early research focus of his career, he concentrated on health care REITs and assisted living, skilled nursing and the acute- care hospital sectors. As such, he is well placed for his role as CFO at Welltower; however, he does not rest on his laurels, and is committed to continually building upon his skillset in order to better serve his organization. “Personally, I view professional development as a critical element to run a successful company. I have spent time taking advantage of professional development opportunities and executive coaching to improve my leadership skills and capabilities. We encourage our leaders and employees to devote time to learning and development activities that expand their skills. Investing in our people is an investment in the future of our company.” The future revolves around growing and expanding in order to cater for the ever increasing need for health care infrastructure, as Scott concludes. “Looking ahead, our company is firmly focused on driving the evolution of health care infrastructure with an emphasis on wellness and connectivity. The aging of the world’s population will lead to unsustainable pressure on health care spending. Through technological advancements, health care already is moving toward lower cost, more consumer-friendly outpatient, post-acute and seniors housing settings. This transition will continue and can only be possible with capital to support innovative solutions and investment in health care infrastructure. Through our operating and health system partners, Welltower is answering this infrastructure challenge. “With regards to my own career, in five years I hope to continue contributing to the achievement of our vision and working at the forefront of change, innovation and advancement in health care.” 1612CA36 K Company: Welltower Inc. Contact: Scott Estes Address: 4500 Dorr Street, Toledo, OH 43615 Email: [email protected] Telephone: 419.247.2800 Website: “The aging of the world’s population will lead to unsustainable pressure on health care spending.”