Ventas Appoints Two to Board in New Agreement With Activist Shareholder

Ventas (NYSE: VTR) has recently made changes to its board of directors as part of a new cooperation agreement with activist investor Land & Buildings. Theodore Bigman and Joe V. Rodriguez, Jr. have been appointed as new directors, bringing with them a wealth of experience in real estate investment. This agreement marks a positive step forward in resolving past issues between the two companies, with Land & Buildings now supporting Ventas’ director nominees and agreeing to certain provisions. The addition of Bigman and Rodriguez to the board reflects Ventas’ commitment to driving value for its shareholders, with a focus on senior housing deals in the coming year.