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Executive changes prompt investor questions at Welltower

Oct 13, 2017 - SNL Real Estate Daily
Board and Executive Moves-Financial Results

Investors are watching Welltower Inc. uneasily after the departure of two prominent executives from the real estate investment trust in 2017.

The Toledo, Ohio-based company said Oct. 3 that CFO Scott Estes was leaving after more than 11 years in the post and less than four months after signing a new employment agreement. His exit follows that of former Chief Investment Officer Scott Brinker, whose job Welltower eliminated in January, and whom the company is now suing.

Welltower, th...