Healthcare Trust of America, Inc. (NYSE: HTA), a fully integrated real estate investment trust that focuses on owning and operating high quality medical office buildings in desirable markets across the U.S., announced today that its Board of Directors appointed Ms. Roberta B. Bowman as new Independent Director.
Ms. Bowman spent 25 years at the multinational energy provider Duke Energy before retiring in January 2012 as Senior Vice President and Chief Sustainability Officer. In that role, Ms. Bowman served on the company’s Management Committee and led the company’s integrated response to environmental risks and opportunities. Her career at Duke Energy included executive leadership roles in public policy, government relations, environment health & safety, corporate communications and crisis management functions. She currently serves on the Board of Trustees of Blue Cross Blue Shield of North Carolina, the state’s largest health insurer and the Board of Directors for Echo Health Ventures. She also served on the Board of Directors for the LPGA from 2011 to 2017, serving as Board Chair in 2016-2017. She remains active in business as founding principal of Bowman Strategic Advisors, providing consulting services in sustainability, energy, leadership and crisis management.
“We are pleased to welcome Roberta to our team. Roberta brings extensive experience in corporate governance and in growing businesses in complicated and changing industries, such as energy and healthcare,” said Scott D. Peters, HTA Founder, Chairman and Chief Executive Officer. “We believe her addition will further HTA’s evolution as a company, bringing a distinguished public company background and skill set that will help guide our growth and position us as the leading provider of medical office buildings in the United States.”
Ms. Bowman will serve on the Board of Directors for the remainder of the term and will be up for election at the Annual Meeting in July 2018.
About Healthcare Trust of America, Inc. (NYSE: HTA)
Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, based on gross leasable area. We provide the real estate infrastructure for the integrated delivery of healthcare services in highly desirable locations. Over the last decade, we have invested approximately $7 billion primarily in medical office buildings and other healthcare assets comprising over 24 million square feet of GLA. Our investments are targeted in 20 to 25 key markets that we believe have superior healthcare demographics that support strong, long-term demand for medical office space. We have achieved, and continue to achieve, critical mass within these key markets by expanding our presence through accretive acquisitions, and utilizing our in-house operating expertise through our regionally located property management and leasing platform. Headquartered in Scottsdale, Arizona and directed from our full-time service offices, HTA has developed a national brand with dedicated relationships at the local level. We have achieved scale in 16 markets with greater than 500,000 square feet and 10 markets with approximately 1 million or greater square feet; in each market we service our healthcare providers through our institutional full-service operational platform including property management, leasing and development services. This drives efficiencies, strong tenant and health system relationships, and strategic partnerships that result in high levels of tenant retention, rental growth, and long-term value creation across the portfolio. Founded in 2006 and listed on the New York Stock Exchange in 2012, HTA has produced attractive returns for its stockholders that we believe have significantly outperformed the S&P 500 and US REIT indices. More information about HTA can be found on the Company’s website, Facebook, LinkedIn and Twitter.
This press release contains certain forward-looking statements. Forward-looking statements are based on current expectations, plans, estimates, assumptions and beliefs, including expectations, plans, estimates, assumptions and beliefs about HTA, stockholder value and earnings growth.
The forward-looking statements included in this press release are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond HTA’s control. Although HTA believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, HTA’s actual results and performance could differ materially and in adverse ways from those set forth in the forward-looking statements. Factors which could have a material adverse effect on HTA’s operations and future prospects include, but are not limited to: