By Adriano Marchese
Northwest Healthcare Properties Real Estate Investment Trust (REIT) has appointed Craig Mitchell as its new Chief Executive Officer (CEO) on a permanent basis. Additionally, Karen Martin has been named as the interim Chief Financial Officer (CFO), effective at the end of this month.
Craig Mitchell: A Seasoned Leader in the Company
Mitchell has been with Northwest Healthcare Properties since 2018 and has held various senior leadership positions within the organization. He previously served as the President of the company's Australia and New Zealand operations. In August 2021, he was appointed as the interim CEO before being selected for the permanent role. Prior to joining Northwest, Mitchell had a successful career in the property industry in Australia, including his tenure as the Executive Director and Chief Operating Officer of Dexus, a REIT.
Karen Martin: Bringing Financial Expertise
In addition to appointing Craig Mitchell as CEO, Northwest Healthcare Properties REIT has also named Karen Martin as the interim CFO. Martin brings a wealth of financial expertise to the role, which is particularly valuable as the company undergoes a strategic review process. Previously, she served as the Executive Vice President and Treasurer at fleet management company Element Fleet Management.
Search for a Permanent CFO
Northwest Healthcare Properties REIT has initiated a recruitment process to find a permanent candidate for the CFO role, highlighting the importance of this position within the company.
Future Plans and Review Process
Northwest recently decided against forming a joint venture with an institutional investor based in the United Kingdom. Currently, the company is in the midst of a review process to determine the future of its U.K. healthcare real estate and diversified hospital portfolio.
