Northstar Healthcare Reports Resignation of CEO, President and Vice Chairman
NorthStar Healthcare Income Inc., a non-traded real estate investment trust, has reported that Ronald J. Jeanneault provided notice of his resignation as chief executive Officer, president and vice chairman and as a member of the board.
NorthStar Healthcare Income Inc., a non-traded real estate investment trust, has reported that Ronald Jeanneault has submitted his resignation as chief executive officer, president, and vice chairman and member of the board, effective August 12, 2022, according to a filing with the Securities and Exchange Commission.
NorthStar Healthcare said that Jeanneault’s decision to resign was not a result of any disagreement the firm.
The board has appointed Ann Harrington as interim chief executive officer and president, effective upon Jeanneault’s resignation. She has served as general counsel and secretary since May 2016 and will continue to act in those roles.
Harrington is also a managing director, general counsel and secretary of NRF Holdco LLC, NorthStar Healthcare’s new sponsor, a position she has held since March 2022.
Prior to this role, Harrington was a managing director, deputy general counsel of NorthStar Healthcare’s former sponsor, DigitalBridge Group Inc. (formerly known as Colony Capital and NorthStar Asset Management Group), and previously served as senior vice president, deputy general counsel, and senior corporate counsel.
Prior to joining NorthStar Asset Management Group Inc., Harrington served as an associate in the corporate and financial services group of Willkie Farr & Gallagher LLP, where she advised public and private corporate clients with respect to capital markets transactions, mergers and acquisitions, securities laws compliance, corporate governance and other general corporate matters.
Harrington holds a bachelor’s degree from Princeton University and a Juris Doctor from The Ohio State University Moritz College of Law.
NorthStar Healthcare Income was formed to acquire, originate and asset manage a portfolio of equity, debt and securities investments in healthcare real estate. From inception in February 2013 through March 31, 2022 and raised $2 billion, including $232.6 million through its distribution reinvestment plan.
