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.
WESTLAKE VILLAGE, Calif.—LTC Properties Inc. (NYSE: LTC), a real estate investment trust that invests in senior living and health care properties, announced the promotions of Pam Kessler and Clint Malin to the newly created positions of co-presidents. Kessler will retain her role as LTC’s chief financial officer, and Malin will continue as the company’s chief…
TAMPA, Fla.—MedBest Recruiting, executive search firm exclusive to senior living, has appointed Bryana Yocum as Interim Solutions Coordinator. According to Julie Rupenski, president & CEO of MedBest, “Interim talent needs have been skyrocketing over the past few years, and now, with the pandemic, the need is even greater. Senior living organizations are looking to add…
(Alexandria, Va.)—Argentum announced today that Pat Mulloy, managing director, Commodore Capital, LLC was elected to serve as the new chairman of the Argentum Board of Directors. Most recently, he served as vice chairman on the board. A foundational architect of the business model and mission of today’s senior living and “passionately committed to this industry,” Mulloy practiced law for 20 years before founding…
TAMPA, Fla.—MedBest Recruiting, executive search firm exclusive to senior living, is pleased to announce that Erica Hutsenpiller has joined their team as an executive senior living recruiter. Hutsenpiller brings over 15 years experience in the senior living industry. She served as a regional director of business development in skilled nursing and as an executive director…
BRENTWOOD, Tenn.—The president and CEO of Brookdale Senior Living Inc. (NYSE: BKD), Lucinda “Cindy” M. Baier, has been invited to join the New York Stock Exchange Board Advisory Council. Baier will serve a two-year term on the board, which proactively addresses the critical need for inclusive leadership by connecting diverse candidates with companies seeking new directors. The…
ST. PAUL, Minn.—Gail Peterson, Ecolab senior vice president of global marketing and communications, has been named to Savoy magazine’s 2020 list of the Most Influential Black Executives in Corporate America. The annual list recognizes leading African American women and men for their executive and business leadership excellence and community outreach. Peterson leads Ecolab’s global marketing…
One of the first selections in Women on Food: Charlotte Druckman and 115 Writers, Chefs, Critics, Television Stars, and Eaters is a conversation with legendary writer and food historian Betty Fussell (New Yorker, Food & Wine, and the memoir My Kitchen Wars). “I began writing food articles in 1960 for Travel & Leisure, because we…
ST. PAUL, Minn.—Ecolab Inc., the global leader in water, food safety, and public health technologies and services, today announced that Gail Peterson has been promoted to senior vice president of global marketing and communications In her new role, Peterson will lead Global Marketing for Ecolab and oversee the company’s global brand, global communications, market research,…
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