Business News

Sunrise Senior Living Appoints Glyn Aeppel and David Fuente to its Board

2008-08-19 14:20:00

    MCLEAN, Va., Aug. 19 /EMWNews/ -- Sunrise Senior Living,

Inc. (NYSE: SRZ) announced today that it has added two new independent

directors to its board of directors effective August 18. Glyn Aeppel, board

member and executive vice president of Acquisitions and Development of

Loews Hotels and David Fuente, director and former chairman and CEO of

Office Depot, Inc., have been appointed to the class of directors whose

term of office expires at Sunrise's 2008 annual meeting of stockholders.

Ms. Aeppel and Mr. Fuente will serve on the board's Audit Committee and

Compensation Committee, respectively. With these additions, Sunrise's board

consists of 11 directors, 8 of whom are independent.



    "We announced in March that we would add two new independent directors,

and we are excited to welcome Glyn and Dave to the board," said Lynn

Krominga, Sunrise's chairman of the board. "Glyn's work in building and

acquiring worldwide real estate, as well as Dave's experience in managing

operationally intensive, multi-site companies, will be particularly

valuable to Sunrise. We look forward to benefiting from their strategic

guidance as we set a new course for the company."



    Ms. Aeppel, 49, joined Loews Hotels in early 2006 as executive vice

president of Acquisitions and Development and a member of their board. She

leads the company's worldwide growth through corporate and asset

acquisitions, joint ventures and management contracts. She also oversees

select ground-up mixed-use developments and actively structures and

finances the company's real estate transactions. Ms. Aeppel has more than

20 years of experience in property acquisitions, development and financing,

and previously supported these areas for companies such as Fairmont Hotels

and Resorts, Le Meridien Hotels and Resorts, Interstate Hotels Company,

Holiday Inn Worldwide and Marriott.



    Mr. Fuente, 62, served as chairman and CEO of Office Depot, Inc. from

1987, one year after the company was founded, until he retired as CEO in

2000 and as chairman in 2001. Before joining Office Depot, Mr. Fuente

served for eight years at Sherwin-Williams Company as president of its

Paint Stores Group and as director of Marketing for Gould, Inc. Mr. Fuente

currently serves on the boards of Office Depot, Ryder System, Inc. and

Dick's Sporting Goods.



    About Sunrise Senior Living



    Sunrise Senior Living, a McLean, Va.-based company, employs

approximately 40,000 people. As of June 30, 2008, Sunrise operated 445

communities in the United States, Canada, Germany and the United Kingdom,

with a combined capacity for approximately 55,000 residents. At quarter

end, Sunrise also had 36 communities under construction in these countries

with a combined capacity for 4,600 additional residents. Sunrise offers a

full range of personalized senior living services, including independent

living, assisted living, care for individuals with Alzheimer's and other

forms of memory loss, as well as nursing, rehabilitative and hospice care.

Sunrise's senior living services are delivered by staff trained to

encourage the independence, preserve the dignity, enable freedom of choice

and protect the privacy of residents. To learn more about Sunrise, please

visit http://www.sunriseseniorliving.com.





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