Acts Retirement-Life Communities, one of the nation’s largest not-for-profit senior living organizations, updated its executive leadership team on Jan. 1.
Karen I. Christiansen, an Acts employee since 1996, has been appointed president. She was most recently executive vice president and chief financial officer.
During her tenure, Acts has experienced substantial growth and been recognized for its financial and operational strength by the senior living industry’s leading independent ratings agencies. Acts maintains an A- credit rating from Fitch Ratings.
Acts is the largest not-for-profit owner, operator and developer of continuing care retirement communities in the United States, with 26 campuses in nine states providing housing and services to about 10,000 residents.
“It’s been a privilege to serve Acts for many years and I’m energized by the opportunity to help ensure continued growth and success of the company,” said Christiansen. “The senior services industry is rapidly changing, and I am certain we have the resources to continue as a leader in providing outstanding housing and services for those we currently serve and future generations of seniors.”
Gerald T. Grant, who was appointed Acts’ president and CEO in 2017, will continue in his role as chief executive officer.
In addition, Acts promoted Richard A. Winter to chief financial officer. Winter previously served as senior vice president for financial services. He joined Acts in 2002, starting in the information technology department before moving to financial services, where he served as corporate director and controller.
Acts Retirement-Life Communities is the largest not-for-profit owner, operator and developer of senior living continuing care retirement communities (CCRCs) in the United States. Acts has a family of 26 CCRCs in nine states, which provide housing and services to approximately 10,000 residents.
