Executive Leadership

D. KEVIN MORIARTY
Vice President of Development

Mr. Moriarty has more than 25 years experience in the real estate and development industry. Since 1992, he has coordinated the development efforts for the company, overseeing site selection, feasibility analysis, project configuration, conceptual design, governmental approvals, and construction document preparation and permitting. He is also responsible for the creation of project development budgets and schedules, selection and supervision of general contractors, and final project delivery. Mr. Moriarty also works extensively in the ongoing maintenance and capital improvement projects within the existing portfolio of assets, overseeing all significant remodeling, upgrades and physical plant modifications. Mr. Moriarty is licensed in the State of California as a Real Estate Broker and a General Contractor and graduated from Arizona State University with a degree in Construction Engineering.

B. RENEE BARNARD
President/Chief Financial Officer

A 23-year veteran of senior housing and health care, Ms. Barnard is responsible for overseeing all aspects of the ongoing management of the company's senior housing properties, including nursing, food service, resident care, maintenance, accounting, human resources, and information technologies. She is a licensed Nursing Home and Residential Care Facility Administrator and has served on the State of California Governor's Alzheimer's Advisory Board, as well as serving on the board of directors of the Assisted Living Association of Alabama. Ms. Barnard graduated from Oklahoma State University with a degree in Computer Science.

W. MAJOR CHANCE
Founder/Chief Executive Officer

In 1979, Mr. Chance acquired his first senior housing property and soon thereafter formed Health Care Group, the original parent company of ActivCare Living. Mr. Chance serves as the visionary and leader for the company, coordinating all the finance, development, and management activities, focusing on strategic planning and the deployment of the firm's available assets and resources. Mr. Chance has established and maintained all the significant lending relationships for the firm and has coordinated all of the company's financing activities, including construction loans, permanent financing, and refinancing of assets.

Recognized for his groundbreaking achievements in the Assisted Living industry in California, W. Major Chance was featured in a recent article Meet the Innovators. Mr. Chance was also named one of 20 Men Who Impact San Diegoand was featured in the San Diego Union-Tribune for Making a Difference.

TODD A. SHETTER
Chief Operating Officer

With more than 24 years experience in the senior housing and health care industry, Mr. Shetter is responsible for overseeing all aspects of the day-to-day operation of the company's residential memory care communities, managing personnel and maximizing revenues with a specific focus on marketing efforts. He is a licensed Nursing Home and Residential Care Facility Administrator. An active advocate for senior housing and assisted living in California, he serves on the California Assisted Living Association Board of Directors and is the current chair of the Public Policy Committee. Mr. Shetter has also served on the Board of Directors of Senior Community Centers of San Diego and as Board Chair of the George G. Glenner Alzheimer's Family Centers. Mr. Shetter graduated from Colorado State University with degrees in Public Relations and Sociology.

Mr. Shetter recently received the Advocate of the Year Award from the California Assisted Living Association.