Ventas Names Andrew L. Wattula EVP Outpatient Medical & Research
Ventas, Inc. (NYSE:VTR) ("Ventas" or the "Company") today announced that the Company has named Andrew L. Wattula Executive Vice President, Outpatient Medical & Research and CEO of Lillibridge Healthcare Services, a wholly-owned property management and leasing subsidiary of Ventas, effective August 2026. He will oversee the Company’s differentiated outpatient medical and research business, which is a leading owner and manager of properties operating at the intersection of medicine, research and universities. He succeeds Peter J. Bulgarelli, who retired from Ventas in May 2026.
Wattula brings deep operational, leasing and tenant engagement expertise to Ventas. Working with the Company’s in-place expert teams, Andy will focus on driving operational excellence and maximizing the performance of our portfolio. He will report to Debra A. Cafaro, Ventas Chairman and CEO.
"Andy has an exceptional combination of leadership, operational rigor, real estate expertise and client focus that will further strengthen our in-place expert outpatient medical and research teams. His ability to integrate operations, leasing and client engagement aligns with our focus on maximizing performance and creating value for Ventas stockholders and key stakeholders including physicians, patients and researchers. We are delighted to welcome Andy to the Ventas team," said Debra A. Cafaro, Ventas Chairman and CEO.
Wattula is an accomplished commercial real estate leader, with more than twenty years of experience in operations, strategy and leasing. Most recently, he served as Chief Operating Officer at Hudson Pacific Properties, Inc. (NYSE:HPP), where he led operations for a 16.5 million square foot office and retail portfolio serving more than 1,000 tenants. Prior to Hudson Pacific, Wattula held roles of increasing responsibility at Beacon Capital Partners and Hines.
Before his career in commercial real estate, Wattula served as a Naval Flight Officer in the United States Navy, leading mission-critical teams in operations, training, budgeting and personnel development. Wattula was a mission commander overseas and was awarded the Navy Air Medal for his service.
Wattula holds a Bachelor of Science with honors from Vanderbilt University and a Master in Business Administration from Harvard Business School. He serves on the Leadership Council of the Cystic Fibrosis Foundation and is actively engaged with health systems, researchers and donors on pediatric pulmonary research and care.
About Ventas
Ventas, Inc. (NYSE:VTR) is an S&P 500 company enabling exceptional environments that benefit a large and growing aging population. With more than 1,400 properties in North America and the United Kingdom, Ventas occupies an essential role in the longevity economy. The Company’s growth is fueled by its approximately 900 senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments. Ventas aims to deliver outsized performance by leveraging its operational expertise, data-driven insights from its Ventas OITM platform, extensive relationships and strong financial position. The Ventas portfolio also includes outpatient medical buildings, research centers and healthcare facilities. Ventas’s seasoned team of talented professionals shares a commitment to excellence, integrity and a common purpose of helping people live longer, healthier, happier lives.
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