We have some very exciting news to share with everyone. There are changes taking place in ISL’s senior management team. Chris Kasulka has been promoted to Chief Executive Officer/Chief Operating Officer for ISL, and Tracee DeGrande has been promoted to President/Chief Financial Officer. Our wonderful leader for the last 10 years, Sue Farrow, who previously served as Chief Executive Officer and President will assume the role as our Executive Chairman. All of these changes become effective on January 1, 2012.
“These promotions recognize the strong contributions and leadership that both employees have made to the growth and success of ISL,” adds Sue. “It is the natural progression of the changes the company has been undergoing for the past 12-18 months. Both Chris and Tracee have been taking the lead in the company’s operations and day-to-day activities for some time.”
As Chief Executive Officer/Chief Operating Officer, Chris will be responsible for overseeing the company’s operations, interacting with the various owners and ownership groups as well as helping develop new business opportunities for ISL.
“Sue and I have worked very closely together over the past seven years. We have assembled a team of the industries’ best and brightest and it has been a joy to witness the growth and success we have all shared.”
As President/Chief Financial Officer, Tracee will continue to oversee the company’s financial matters and long-term financial strength, partner with Chris to coordinate and interact with our various ownership groups, identify new business opportunities and negotiate the company’s role in these ventures.
“I’ve had the good fortune to have worked in senior housing for most of my career, and feel that everything I’ve accomplished has prepared me for this role,” said Tracee.
Be on the lookout for Sue! With this change, Sue will be traveling to our communities helping maintain the culture and reputation that we have all worked so hard to create.
In her new role as Executive Chairman/Owner, Sue will also remain active in business development and she will be a key member of the Due Diligence team as we explore new business contracts.
Here is to a fabulous 2012, Congratulations!