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HCP Makes Changes to Executive Leadership Team

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Irvine, CA-based HCP Inc. recently revealed a new organizational structure and several updates to its executive leadership team. The changes support HCP’s continued execution of its strategic plan and initiatives to further maximize growth and innovation across its three core sectors of senior housing, life science and medical office.

Tom Klaritch, who currently serves as senior managing director of medical office, has been promoted to chief operating officer, effective immediately, and will report to Tom Herzog, HCP’s president and CEO. Klaritch will oversee HCP’s streamlined office platform with the life science and medical office businesses reporting to him, and will work closely with the respective teams to continue to advance the competitive performance and growth of this platform.

According to a prepared statement, Klaritch is an 18-year company veteran with 34 years of operational and financial management experience in the medical office and hospital sectors. Klaritch has also overseen certain asset management, planning and budgeting responsibilities in our life science portfolio since 2007. Prior to joining HCP, he was a founding member of MedCap Properties LLC, a company that owned, operated and developed healthcare real estate.

HCP also revealed that Doug Pasquale will serve the company as a senior advisor to the executive team and will also work closely with the senior housing team led by senior managing director, Kendall Young. Pasquale previously was chairman and CEO of Nationwide Health Properties Inc., and also served as president and CEO of Atria Senior Living Group and its predecessor company, ARV Assisted Living, Inc. In 2012, Pasquale was inducted into the Stifel Nicolaus Senior Housing & Healthcare Real Estate Hall of Fame.

Additionally, Jon Bergschneider, HCP’s senior managing director of life science, has resigned. Bergschneider has informed the company that he will be joining BioMed Realty Trust as their chief development officer.

Herzog stated, “We want to take this opportunity to congratulate Tom Klaritch on his promotion to COO.  The ability to promote such a talented and experienced executive from within the Company to lead the strategic direction of our office platform demonstrates the depth of our organization.”

“In addition, we are very pleased to welcome Doug Pasquale as a Senior Advisor to our executive team,” continued Herzog.  “Doug brings a tremendous amount of experience as a highly accomplished healthcare real estate and senior housing professional.”

“We would also like to thank Jon for his significant contributions during his time at HCP, and we wish him the best in his new role,” said Herzog.