Brookdale Senior Living Says Mark Parrell to Resign from Board

Brookdale Senior Living said Wednesday that Mark J. Parrell, a member of the board since 2015, will resign effective at the close of business on July 24 to dedicate more time to other professional commitments. In a filing, the company said the resignation was not due to any disagreement with the company, the board or the management.

Daniel A. Decker, Brookdale’s Executive Chairman of the Board, said, “Brookdale’s Board and management continue to be highly focused on the execution of our business strategies, including achieving consistent operational excellence and optimizing our portfolio. In addition, the Board remains hard at work, in conjunction with management and our financial and legal advisors, on our ongoing process to explore options and alternatives to create and enhance shareholder value.”

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