Title: Chief Executive Officer
Location: Chicago, IL
Chicago-based real estate owner is seeking a CEO to lead a startup assisted living management company. This is a once in a career opportunity to build a new company and its senior team. We are seeking a leader that creates a positive culture, engenders loyalty, and seeks an opportunity to create and implement a shared vision of a high-performing senior living company. Must be willing to set goals for the team and attain those goals while the team feels energized by their achievements.
Ownership envisions best-in-class organization that will focuses on residents, employees, and shareholders. It will treat residents with respect and dignity and will seek to create positive change in their lives. For employees, it will become an employer of choice and offer a career ladder for advancement. At the same time, it will be a performance driven organization with high standards for excellence. Its core values will include innovation, excellence, and accountability.
We are seeking CEO candidates that MUST HAVE each of the following qualities:
- History of building a high-performing organization with a positive culture and loyal team members.
- Repeated history of getting team members excited about a vision, mission and values
- A clear vision of the most important characteristics of a high-performing senior living company
- A systematic thinker and implementer
- A leader accustomed to establishing clear accountability of team members and for organizational performance
- Prior experience leading a senior living organisation
- Prior experience overseeing multi-site senior living communities
The CEO roles and responsibilities will include:
- Collaborate with and report to a highly-engaged Board of Directors that has ownership of the company’s initial 7-properties which represent just under 1,000 residents.
- The new company will take responsibility of the first of these properties approximately 9-months after the CEO assumes the role and will grow to 7-properties under operation by year 2.
- The portfolio is focused on the affordable assisted living model utilizing Medicaid waiver programs
About the CEO and Operations:
- Articulate the vision, mission and values of the new management company
- Propagate cultural values throughout the company
- Recruit and on-board other senior staff including COO, CFO and CMO leading the central office functions:
- Lead and manage direction and implementation of all operating policies, procedures and manuals for all sites, site directors and site department heads, including resident care operations; marketing; personnel recruiting, training, retention and HR; regulatory compliance; food service; housekeeping and laundry; safety; finance; safety and building maintenance.
- Lead and manage development and implementation of all operating policies and procedures for all central office staff
- Set a vision for a consistent brand and effective marketing presence and campaign for the operating company and individual sites
- Ensure that a robust finance and accounting and finance system is established and high-functioning.
- Ensure development and management of HR programs for health coverage, retirement and insurance
- Create a work force development platform that creates a pipeline of prospective employees and offers current employees opportunities for skills training and career advancement.
- Ensure that a complete insurance program is put in place including property and casualty, professional liability insurance and worker’s compensation coverage.
- Leading Multi-site-based functions
- Manage recruitment and training of site-based staff leadership
- With the senior executive team, oversee execution of initial marketing campaigns to lease each community.
- Develop and implement quality standards, accountability and quality improvement for all operations including resident satisfaction, regulatory compliance, and financial performance.
- Establish systems to identify, choose and contract with various third-party vendors including third-party pharmacy service, dietician consultants, landscaping, snow removal and property maintenance vendors.
After the company is successfully launched, the CEO will assume additional responsibilities, including
- Developing and maintaining relationships with key State and Federal policymakers
- Consultation with the board, developing and implementing corporate strategy for the organization.