Chartwell Retirement Residences

Chartwell Retirement Residences is the largest participant in the Canadian seniors housing sector, with over 200 locations (March 31, 2020) across Quebec, Ontario, Alberta, and British Columbia. Chartwell offers independent living (IL), independent supported living (ISL), assisted living (AL), memory care (MC), and long-term care (LTC) across Canada.[1] In 2017, the company's sales were CAD $796.34 million, with a net income of CAD $13.08 million.[2] As of June 25, 2018, Chartwell's market capitalization is CAD $3.23 billion having more than CAD $3,01 billion of assets.[3] In 2018, the value of the enterprise is approximately CAD $5 billion.[4]

Chartwell Retirement Residences
Public
Traded asTSX: CSH.UN
IndustryReal Estate/Health Care
Founded2003
Headquarters
Mississauga, Ontario
,
Canada
Number of employees
15,000+
Websitewww.chartwell.com

History

The company was founded in 2003 through the merger of JBG Management Inc., Alert Care Corporation, and Chartwell Care Corporation forming the new entity Chartwell Seniors Housing Real Estate Investment Trust. The company was rebranded as Chartwell Retirement Residences in 2012.

Leadership Team

Chartwell's senior executive committee is made up of four individuals:[5] Vlad Volodarski is the chief executive officer at Chartwell, Karen Sullivan is the president and chief operating officer, Jonathan Boulakia is the chief legal officer and the chief investment officer and Sheri Harris is the chief financial officer.

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References
  1. Q1 2018 MD&A | = http://investors.chartwell.com/QuarterlyResults.aspx?iid=4100072
  2. FINANCIALS | = https://web.tmxmoney.com/quote.php?qm_symbol=csh.un
  3. QUOTE | = https://web.tmxmoney.com/quote.php?qm_symbol=csh.un
  4. FINANCIAL STATEMENTS | = http://investors.chartwell.com/QuarterlyResults.aspx?iid=4100072
  5. http://chartwell.com/about-us/our-leadership-team
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