of shares during our IPO–and have kept on buying. Our incentive compensation is based on total return to shareholders and paid with stock. Our governance is market leading.
Lead Independent Director
Mr. Pasquale has served as a Director of Ventas, Inc. (NYSE: VTR), a leading seniors housing and healthcare real estate investment trust, since its acquisition of Nationwide Health Properties, Inc. (formerly NYSE: NHP) in July 2011.
NHP was a publicly traded real estate investment trust, investing in seniors housing, long-term care facilities and medical office buildings throughout the United States.
From 2009 until July 2011, Mr. Pasquale served as the Chairman of the Board, CEO and President of NHP, President and Chief Executive Officer from 2004 to 2009 and Executive Vice President and Chief Operating Officer of NHP from 2003 to 2004. Mr. Pasquale was a Director of NHP from 2003 to 2011.
Mr. Pasquale served as the Chairman and Chief Executive Officer of ARV Assisted Living, an owner and operator of assisted living facilities, from December 1999 to September 2003. From April 2003 to September 2003, Mr. Pasquale concurrently served as President and Chief Executive Officer of Atria Senior Living Group. From March 1999 to December 1999, Mr. Pasquale served as the President and Chief Executive Officer at ARV, and as the President and Chief Operating Officer at ARV from June 1998 to March 1999.
Previously, Mr. Pasquale served as President and Chief Executive Officer of Richfield Hospitality Services, Inc. and Regal Hotels International—North America, a hotel ownership and management company from 1996 to 1998, and as its Chief Financial Officer from 1994 to 1996.
Mr. Pasquale is a Director of Alexander & Baldwin, Inc. (NYSE: ALEX), a Honolulu-headquartered ocean transportation, real estate and agribusiness company; Ventas, Inc.; Sunstone Hotel Investors, Inc. (NYSE: SHO), a lodging REIT; and a member of the Board of Trustees of ExplorOcean/Newport Harbor Nautical Museum.
Mr. Pasquale received his BS in Accounting and his MBA from the University