Michael A. Stoller, Managing Partner and CEO
Michael Stoller brings a wealth of experience to LCB Senior Living, and is a key driver of its business vision and plan. Mr. Stoller was previously a founder of Newton Senior Living, LLC (NSL), which was one of Massachusetts’ first assisted living providers. NSL grew from a start-up company to a $110 million business before being sold to a division of Lazard Freres in 2005.
Prior to forming NSL, Mr. Stoller oversaw operations and established new corporate investment and borrowing relationships for MB Management, a residential developer. Mr. Stoller increased the multifamily residential management portfolio size from 3,000 to 8,000 residential units. Mr. Stoller also expanded the fee service business from less than 100 units to nearly 2,500 units. Prior to joining MB Management, Mr. Stoller was an audit manager at Coopers & Lybrand specializing in real estate, healthcare and insurance.
In creating the new business of LCB, Mr. Stoller once again brings his senior housing operating excellence to Massachusetts’ senior citizens and their families. Mr. Stoller leads the Company’s strategic and financial operations as well as its overall vision and cultural base. Mr. Stoller’s success in combining attractive real estate locations and building design with superior customer service make him uniquely qualified to drive LCB to a level of success previously achieved at NSL.
Mr. Stoller is a former board member of the Massachusetts Assisted Living Facilities Association (Mass-ALFA).
Lori LePage, Vice President of Human Resources
Lori LePage has rejoined the founders of Newton Senior Living, LLC and assumes the position of Vice President of Human Resources. In this role Lori will be responsible for all HR functions including associate relations, recruitment, compensation and benefits, payroll, training and associate development. Lori will serve as a member of the company’s corporate management team.
Prior to joining LCB Senior Living, Lori spent seven years with Atria Senior Living, Inc. During that time, she advanced from Vice President of Human Resources for the East Division to Senior Vice President- Human Resources Field Operations.
Ms. LePage was previously with Newton Senior Living, L.L.C., a senior housing provider located in New England, responsible for benefits and compensation, associate relations, recruitment, human resource information, payroll, training and development, and a member of the company’s corporate management team. Ms. LePage was also responsible for all aspects of strategic human resource planning, acquisitions and field human resource management.
Prior to 2000, Ms. LePage was employed by AAI Foster Grant as their Director of Human Resources, and was responsible for all human resources functions but focused on acquisition and transition work during a critical period for the company.
Ms. LePage is a graduate of Rhode Island College with a BS in human resource management.
Linda Fusaro, Director of Human Resources
Linda Fusaro oversees LCB’s day-to-day human resources operation, both at the community level and at the corporate office. Her expertise includes providing support in recruitment, associate relations, compensation, benefits, training, and associate development. In addition, Linda is part of LCB’s new community acquisition team, playing a major role in helping new associates transition to life at LCB Senior Living.
Prior to joining LCB, Linda spent eight years with Atria Senior Living, Inc. During that time, she advanced from Community Business Director to Regional Business Director, and most-recently served six years as the company’s Human Resources Manager for New England. In that capacity, Linda oversaw 23 communities in five states, and was recognized for her outstanding talent in associate relations.
Linda’s experience in both business office and human resources management gives her extensive range as she promotes a culture of high performance and associate empowerment. These attributes make her an invaluable contributor to LCB’s continued growth and expansion.
Finance & Accounting
Timothy DuRoss, Chief Financial Officer
Timothy DuRoss’ responsibilities include overseeing LCB’s strategic and operational financial planning, budgeting process, tracking and reporting of financial results, accounting practices, internal controls, information technology and relationships with financial institutions, partners, and lenders.
Mr. DuRoss has been involved in the senior housing industry for over thirteen years and brings more than 18 years of financial experience to LCB. Prior to joining LCB, Mr. DuRoss was the Senior Director of Portfolio Accounting at Benchmark Senior Living, a for-profit owner and operator of senior housing communities with revenues in excess of $350M. Mr. DuRoss oversaw the accounting practices, internal control procedures, treasury, and financial reportingof 49 communities. He was also responsible for the strategic planning and budgeting for the management company. Prior to joining Benchmark Senior Living Mr. DuRoss was employed by Ziner, Kennedy and Lehan LLP where he oversaw audit engagements concentrating in real estate with tax credit implications, nonprofits and defined benefit plans.
Wilma Brooks, Treasurer
Wilma Brooks has nearly 20 years’ experience in senior housing finance, and was a key contributor at the management team’s previous company, Newton Senior Living, LLC. She oversees a variety of disciplines at LCB, and is deeply involved in deal structuring, financing process and closings. She has also been actively involved in the Company’s development financing and business strategy formulation since its inception. Ms. Brooks has a keen business sense, which is applied directly to the Company’s business plan execution, as well as the treasury functions, management, leasing, and strategic planning.
Ms. Brooks has been responsible for property development including negotiation, financing and project review as well as operational and financial management direction and oversight. She has structured, negotiated and closed acquisition, construction, permanent and equity financing aggregating in excess of $400,000,000 at institutional rates.
Danielle Breton, Chief Investment Officer
Danielle Breton is responsible, along with Mr. Stoller, for the growth of the Company’s senior housing portfolio. Additionally, Ms. Breton is directly responsible for evaluating potential property acquisitions and developments, from initial offer and valuation through due diligence, debt and equity structuring, and closing.
Ms. Breton integrates all company departments in the process, and interfaces with the executive team in the ongoing Investor relationship process, post-closing. Ms. Breton has been involved in the senior housing industry for thirteen years. Prior to joining LCB, Ms. Breton was the Director of Underwriting at Benchmark Senior Living, where she oversaw the underwriting and real estate investment analysis related to acquisitions, developments, value-add renovation projects, portfolio and refinancings. During her tenure, Ms. Breton was involved in closing over $2B in 26 recapitalizations and acquisitions, which doubled the size of the company. Ms. Breton previously worked at Epoch Senior Living.
Leo Jacques, Controller
Mr. Jacques serves as the Controller for LCB. In this role, he is responsible for directing operational budgets, cost controls, accounting practices and financial analysis and reporting. In addition, Mr. Jacques is responsible for cash management, directing financial audits, and providing recommendations for procedural improvements. Mr. Jacques also supports facility management and business office personnel.
Robert Schiller, Director of Market Research
Rob Schiller is responsible for all market research related functions, including real estate/site selection analysis and market feasibility. He has a lead role in identifying and evaluating markets and sites for new developments and potential acquisition opportunities.
Mr. Schiller has been involved in the senior housing industry for nearly 18 years. Prior to joining LCB, he was the Senior Director of Market Planning for Benchmark Senior Living for 16 years. He began with Benchmark shortly after its inception in 1997, and helped craft its growth and development initiatives, performing a significant role in growing the company from a start-up to the largest assisted living provider in New England with 46 properties. Prior to Benchmark, he was at National Healthcare Affiliates, a small regional senior housing owner/operator. He began his career at BJ’s Wholesale Club and spent eight years as a market and site analyst near their inception and through its initial growth phase.
Mr. Schiller is a member and an active contributor to the National Investment Center for the Seniors Housing & Care Industry.
Jonathan F. Kuhn, Director of Business Development
Jonathan Kuhn serves as the Company’s primary point of contact for potential property acquisitions and developments in the Mid-Atlantic. He has the lead role in discovering Mid-Atlantic growth opportunities, as LCB Senior Living continues to expand.
Mr. Kuhn has considerable first-hand knowledge of the seniors housing market in the Mid-Atlantic and Northeast, having previously held business development and acquisitions positions for seniors housing operators in both regions. Prior to joining LCB, Mr. Kuhn was the Manager of New Business Development in the Northeast for Holiday Retirement. Most recently, Mr. Kuhn held a dual role as Vice President, Acquisitions for both MCAP Advisers and Commonwealth Assisted Living, with a focus on acquisition opportunities in the Mid-Atlantic.
Development & Property Management
Edward SanClemente, Vice President of Property Development
Mr. SanClemente was a valuable contributor to the success of Newton Senior Living, LLC reporting to Mr. Stoller as the Director of Development. While at NSL, Mr. SanClemente was directly responsible for the development, permitting and construction of a number of assisted living projects and worked to develop the Company’s prototype assisted living residence. As the company changed from developing their own properties to acquiring properties Mr. SanClemente became responsible for the assessment of these properties, the creation of the rehabilitation plans, and oversight of the redevelopment of these residences.
Mr. SanClemente is primarily responsible for all phases of the development process, facility design and construction management with LCB Senior Living, LLC. In addition to monitoring the construction of LCB developments, Mr. SanClemente oversees architects and consultants during the planning and design stages of a project.
As a registered architect Mr. SanClemente has a thorough knowledge of building codes, accessibility guidelines and accepted industry practices. Mr. SanClemente received a Bachelor of Architecture from Wentworth Institute of Technology. Prior to joining Newton Senior Living, Mr. SanClemente was employed at Fresenius Medical Care as an Architect. Prior to Fresenius, he was at The Architectural Team, Inc. as a Project Architect.
Community Management & Care
Barbara J. Hamilton, Vice President of Operations
Barbara Hamilton is Vice President of Operations, overseeing several residences in the LCB portfolio. She is responsible for all aspects of community operations, ensuring that each residence maintains the highest level of resident service and excellence.
Barbara brings nearly 30 years of professional experience in the health care industry, most recently as Director of Day and Residential Programs at the Commonwealth of Massachusetts’ Executive Office of Elder Affairs, where she oversaw seven community programs. She also spent five years at Atria Senior Living as Senior Vice President of New England Operations.
Previously, Barbara was instrumental in the success of Newton Senior Living, where she was Regional Director of Operations for eight years. She was responsible for bringing the NSL mission statement and commitment and values to each of the 27 communities within her portfolio.
Barbara’s past experience includes quality assurance, program development and clinical programming for seniors. With a strong background in elder advocacy and senior housing options, Barbara excels in the creation of high quality senior living environments. She is also a Registered Nurse, a Certified Rehabilitation Registered Nurse, a Certified Case Manager and a Licensed Social Work Associate.
Chris Spencer, Vice President of Operations
Chris Spencer serves as Vice President of Operations, where he oversees LCB communities throughout several states within the LCB portfolio, including NH, Mass, RI, and CT. He is responsible for all aspects of the community operations, ensuring each residence maintains the highest level of resident service and excellence.
Chris has over 21 years of operations experience in the Senior Living Industry, with a heavy emphasis in startups, turnarounds, driving revenue, occupancy growth, stabilization and expense controls.
Prior to joining LCB, Chris was Vice President of Community Operations for Maplewood Senior Living where he oversaw the day to day operations by supporting and overseeing communities in Connecticut and Ohio. Prior to joining MSL in 2011, he served in leadership roles with Benchmark Senior Living, ARC (American Retirement Corporation), and Marriott Senior Living.
Mr. Spencer currently serves as a board member for CALA (Connecticut Assisted Living Agency).
Michael Toce, Corporate Director of Care
Mike Toce serves as Corporate Director of Care, where he is responsible for providing clinical oversight to all communities that promotes and maintains the highest quality of life for our residents, and supervises all Resident Care Directors.
Mike has many years of experience in healthcare operations and administration, and several within the senior living industry. He served as Administrator with several different medical practices, with responsibilities in operations, compliance and strategic planning. Mike began his career in senior living as Senior Resident Care Operator with Benchmark Senior Living. Prior to his role with LCB, Mike served as Vice President of Resident Services with Maplewood Senior Living, where he oversaw care operations, compliance and resident safety throughout several states.
Kelly McCarthy, Corporate Director of Memory Care and Resident Engagement
Kelly McCarthy is the head of LCB’s Reflections Memory Care program and Resident Engagement. She oversees all aspects of the company’s renowned Reflections Memory Care program, including developing programming, ensuring quality, training associates at all communities, and working with individual residents and their families.
Ms. McCarthy has had over 20 years of experience in senior living, 12 of those years in management within assisted living and memory care communities. Her extensive career in managing memory care began with her position as Director of Memory Care at Sakonnet Bay Retirement Living in RI. From there, she transitioned to the corporate level, holding positions as Corporate Memory Care Specialist with Horizon Bay Retirement Living in FL and then Corporate Director of Memory Care Services with Senior Lifestyle Corporation in Chicago, IL. Prior to her role with LCB, Ms. McCarthy was Director of Memory Care at Benchmark Senior Living’s Waltham, MA community.
Ms. McCarthy has recently written a book, Brass Ring Memoirs– Encouraging stories using practical methodologies to help caregivers reach for their goals in Alzheimer’s and dementia care. In the book, are real life stories of the people she has met along her journey as a caregiver for individuals with memory loss. She shares easy to learn methods to effectively communicate and care for individuals with memory challenges.
John DiPietro, Director of Culinary Services
John DiPietro oversees all culinary services for LCB’s communities. His career has spanned all aspects of culinary services, from P&L development and oversight, to strategic menu planning and nutritional values, to vendor management.
John was previously a regional vice president for FitzVogt, one of the world’s most successful culinary services companies. His responsibilities included more than 100 client locations, and he oversaw the transition of 76 client partners to FitzVogt, during his fifteen-year history with the company.
John began his food service career at fifteen years old, as a dishwasher in a privately owned local restaurant in Vernon, CT. Working for a very demanding owner, John learned the ropes in the back-of-the house side of the food service business. While attending college, John worked his way through the ranks before joining a large catering business in New Hampshire. John was eventually asked to manage the catering business, and under his leadership, grew the company to $1.4 million in revenues annually. From there he joined FitzVogt.
Sales & Marketing
Karen Foley, Vice President of Sales
Karen is responsible for all aspects of sales management including occupancy growth and market trend analyses, establishing sales matrices for all markets within the company, development and management of the company’s sales team and strategic sales planning and execution for new development. She serves as a key member of the executive team that sets the company’s strategic direction.
With more than 25 years of senior living industry experience, Karen has held executive level positions in sales and marketing and business development roles. She has extensive experience in both operations and sales management. Prior to LCB senior living, Karen was the Vice President of Business Development for Maplewood Senior Living where she spearheaded business development initiatives for revenue generation and strategic partner relations, and managed multiple business initiatives in their start-up environments overseeing all aspects of a new build for pre-leasing and marketing initiatives. She also held the position of Vice President of Sales and Marketing for Benchmark Senior Living and Regional Director of Sales and Executive Director for Sunrise Senior Living.
Karen holds a Master in Business Administration with a concentration in Healthcare management. Karen’s greatest strengths are her creativity, drive and leadership. She thrives on challenges, particularly those that expand the company’s reach.
Ted Doyle, Vice President of Corporate Marketing & Communications
Ted Doyle has worked with the LCB team for nearly 20 years, and possesses a wealth of business & marketing experience. At LCB, Mr. Doyle is responsible for corporate marketing and public affairs, overseeing brand-building, strategy and execution. He also manages all public relations and public affairs activities related to the firm and its projects. Further, Mr. Doyle directs the company’s digital marketing and social media strategy and execution. He has years of experience in the senior living and real estate industry, both as a consultant for Newton Senior Living and numerous other development and management companies, and as a staff member for former Massachusetts Lieutenant Governor Thomas P. O’Neill, III’s marketing and public affairs agency.
Stephen D. Puliafico, Co-Founder (Retired)