Sunrise Senior Living Inc. (SRZ) announced that Mark Ordan, the company's chief executive officer, and Greg Neeb, its chief administrative and investment officer, will transition from their roles following the close of the company's anticipated sale, which is expected in early 2013. Ordan has agreed to remain with the company as CEO for up to a year following the completion of the proposed merger with Health Care REIT. David Haddock, general counsel, will also transition from his position in 2013.
Mark Ordan and Sunrise's founder and chairman, Paul Klaassen, are both expected to serve on the Sunrise board after the closing of the anticipated sale.
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