Argentum Members: Have you registered for the 2020 Public Policy Institute & Fly-In? Join us March 17-18 in Washington, D.C. to advocate for the industry! Learn more.
Argentum’s Women in Leadership initiative, first announced in October 2018, is designed to celebrate the contributions women have made to the senior living industry and to create a pathway to the future by forming opportunities for more women to attain leadership and executive-level positions.
At this moment, senior living is uniquely positioned to cultivate its majority-female workforce with targeted recruitment; clear equity and inclusion policies; and a culture that welcomes, celebrates, and supports women at all levels.”
The senior living workforce is overwhelmingly female; women account for 4 out of 5 of the industry’s employees. Women also account for nearly 70% of those holding management jobs overall. This contrasts with the total U.S. labor force, where women hold 56% of all management jobs.
At the CEO level, the industry is on par with national ratios—17.5% of CEOs at the largest 115 senior living provider companies are women, while across the U.S., the number of female CEOs sits at 16%.
Many women have served as founding industry pioneers and have risen to C-Suite positions in senior living, but the industry can do better. Through the Women in Leadership initiative, Argentum is leveraging the compelling evidence for why greater gender diversity is needed and addressing the issue on an industry-wide level.
Shaping the initiative’s mission and vision, a new Women in Leadership steering committee has convened, comprised of two dozen women pioneers and leaders in the industry.
The Path ForwardThe Women in Leadership steering committee has developed four pillars that will focus on education, support, celebration, and measurement in order to reach the goals of creating and sustaining a supportive community of current and future leaders; growing the industry’s female workforce; increasing the number of women recruited and promoted to executive leadership and board positions; and promoting the senior living industry overall.
A roadmap to success for the Women in Leadership initiative is available in Argentum’s new white paper, The Path Forward: Impacting the Future of Women in Senior Living, that details the critical need for this initiative.
CHICAGO—Pathway to Living, a Chicago-based developer, owner and operator of senior housing and senior housing arm of Chicago-based real estate investor and operator Waterton, promoted Sue Schaefer of Lake in the Hills to regional director of operations. Schaefer will oversee operations and the implementation of Pathway’s award-winning VIVA! lifestyle at Illinois’s northern-area senior living communities,…
LAKE ZURICH, Ill.—Azpira Place of Lake Zurich, an assisted and supportive living community, promoted Carissa Mok of Arlington Heights to executive director. Formerly Azpira Place’s VIVA! life coordinator since its opening in May 2017, Mok will now oversee daily operations and implementation of its award-winning VIVA! lifestyle at the senior living community. “It has been…
BRENTWOOD, Tenn.— Mary Sue Patchett, Brookdale’s executive vice president of community and field operations, has been named to The Nashville Health Care Council class of 2020 Fellows. The class of 31 local health care executives will meet regularly to exchange industry experiences, challenges, and goals. “It’s an honor to join this class of esteemed and accomplished…
BALTIMORE—Loyola University Maryland’s Sellinger School of Business and Management named Marilynn Duker, CEO at Brightview Senior Living, the 2019 Business Leader of the Year. The award honors business executives who embody Loyola’s Jesuit commitment to community and service in the leadership of their organization. “Selecting our Business Leader of the Year offers us an opportunity…
HOUSTON—Belmont Village Senior Living co-founder and CEO Patricia Will is among an exclusive list of 25 women who were honored at Bisnow’s Inaugural Houston Power Women event. The event brought together some of the city’s most powerful and influential women in commercial real estate to recognize them and their accomplishments. Honorees shared their stories and…
Alexandria, Va.—The pace of growth and the number of challenges in the senior living industry increases daily, but so do the opportunities to create better senior living together. Argentum designed the 2020 Senior Living Executive Conference & Expo to deliver what industry leaders, professionals, and advocates need most to help companies, communities, and residents thrive.…
NEW YORK—Welltower Inc. (NYSE: WELL) today was honored at the Women’s Forum of New York 2019 Breakfast of Corporate Champions for achieving 40 percent representation of women on its Board of Directors. Since the announcement of the awards earlier this fall, the percentage of female Independent Directors on the Welltower Board has increased to 50…
These are stories of senior living community employees who took a look at the challenges in attracting and maintaining a high-quality workforce and decided to do something about it. There are many more like them in communities around the country. Some got where they are by opting into educational programs and benefits through provider companies,…
Get updates on the latest news impacting senior living through our Argentum Daily newsletter.
