UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 27, 2015
CNL Healthcare Properties, Inc.
(Exact Name of Registrant as Specified in its Charter)
| Maryland | 000-54685 | 27-2876363 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
450 South Orange Ave.
Orlando, Florida 32801
(Address of Principal Executive Offices; Zip Code)
Registrant’s telephone number, including area code: (407) 650-1000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(a) On March 27, 2015, Joseph T. Johnson tendered his resignation as senior vice president, chief financial officer and treasurer of CNL Healthcare Properties, Inc. (the “Company”), effective as of May 1, 2015. There is no disagreement between Mr. Johnson and the Company on any matter relating to the Company’s financial condition or financial reporting.
(b) Effective upon Mr. Johnson’s departure, the Board of Directors has appointed Kevin R. Maddron, age 46, as chief financial officer and treasurer, and chief operating officer of the Company. Mr. Maddron has served CNL Financial Group as senior vice president of asset management since 2011 and as senior managing director since 2013. In these roles, Mr. Maddron directs all asset management and operational management activities focused on senior housing and healthcare properties for CNL Healthcare Properties, Inc. and all other CNL Financial Group-sponsored healthcare funds. Prior to rejoining CNL Financial Group in 2011, Mr. Maddron was the chief operating officer and chief financial officer of Servant Healthcare Investments, where he was responsible for managing treasury and finance activities and overseeing the acquisitions, development, project analysis and due diligence efforts of the company’s healthcare and senior housing investments. Prior thereto, Mr. Maddron served as vice president of asset management for CNL Retirement Properties, Inc. from November 2002 until the sale of the company in October 2006. Mr. Maddron earned a B.B.A. and M.S.A. in accounting from the University of Central Florida. He is also a certified public accountant.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: March 31, 2015 | CNL HEALTHCARE PROPERTIES, INC. | |||||
| a Maryland corporation | ||||||
| By: | /s/ Stephen H. Mauldin | |||||
| Stephen H. Mauldin | ||||||
| Chief Executive Officer and President | ||||||