Healthcare Trust of America Taps Spencer Stuart to Find New CEO
September 13, 2021 – Healthcare Trust of America Inc. (HTA), based in Scottsdale, AZ, confirmed that Spencer Stuart has been retained to assist the organization’s board of directors in identifying the company’s next chief executive officer. Peter N. Foss, an independent director of the board, is serving as interim president and chief executive officer while the search process is ongoing. “The search committee, with the support and input of the full board, is overseeing a robust process to identify the right person to lead the company forward,” said Mr. Blair. “We are fortunate to have a leader of Peter’s caliber and experience, and we thank him for stepping into the CEO role on an interim basis. “With HTA’s solid foundation, outstanding assets and dedicated employees, we are confident the company is well-positioned for growth and success,” he added. “We look forward to appointing someone with the skills and experience to strengthen the company’s relationships with stakeholders and drive near- and long-term value creation.”
The board has formed an independent search committee made up of chairman of the board W. Bradley Blair and directors Vicki U. Booth and Jay P. Leupp, to oversee the search process. Healthcare Trust of America is the largest dedicated owner and operator of medical office buildings in the U.S., with assets of about 25.3 million square feet of GLA, with $7.5 billion invested primarily in medical office buildings. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly desirable locations. Investments are targeted to build critical mass in 20 to 25 leading gateway markets that generally have leading university and medical institutions.
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Serving Healthcare Organizations
Privately held since 1956, Spencer Stuart focuses on delivering knowledge, insight, and results through the collaborative efforts of a team of search professionals — now spanning 56 offices, 30 countries and more than 50 practice specialties. The firm helps boards and leaders address their leadership needs in areas such as senior-level executive search, board recruitment, board effectiveness, succession planning, in-depth senior management assessment and many other facets of organizational effectiveness.
Spencer Stuart has helped build the leadership teams of some of the world’s preeminent healthcare organizations. In the past three years, it has conducted more than 2,000 board director and senior-level executive assignments around the world, across all healthcare disciplines. With a reach extending beyond geographies, Spencer Stuart searches across disciplines, often outside the healthcare sector, to find candidates in emerging areas to help clients respond to changing industry dynamics. The firm has a special expertise in all facets of healthcare, including biopharma, healthcare services and medical technology.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media
