Health Care REIT names new CEO

|By:, SA News Editor

Thomas DeRosa - currently on the board and a former CFO of The Rouse Company - has been appointed CEO at Health Care REIT (HCN), effective immediately. He succeeds George Chapman, who has retired from the Chairman's role as well.

The company affirms FY14 FFO and FAD guidance, and reports more than $500M in gross new investments in Q1.