Mainstreet CEO Steps Down From Board

Posted: Updated:
Zeke Turner has served as board chairman for Mainstreet Health Investments since June 2016. Zeke Turner has served as board chairman for Mainstreet Health Investments since June 2016.
CARMEL -

The founder and chief executive officer of Carmel-based Mainstreet has resigned as chairman of the board of directors for subsidiary Mainstreet Health Investments Inc. Zeke Turner says he is stepping down to focus on Mainstreet's continued growth.

Mainstreet Health Investments was formed in 2016 through a reverse takeover transaction between another Mainstreet subsidiary, Mainstreet Investment Co. LLC and Canada-based Kingsway Arms Retirement Residences Inc. The deal gave Mainstreet a portfolio of 10 senior care properties near Chicago.

"I'm proud of what we have accomplished with Mainstreet Health Investments," Turner said in a news release, "but now is the right time for me to focus my efforts on Mainstreet's continued growth in both our real estate development business and our innovative healthcare operations. Our new rapid recovery properties position us to be leaders in the post-acute care field, where we will bridge a vital gap in rehabilitation treatment that results in better outcomes for patients, hospitals and physicians. It's an exciting time for our company, and I'm looking forward to our continued push to transform the lives of the people we serve."

Another board member, Rob Dickson has also resigned from the board. The company says Chuck Herman, former president of seniors housing and post acute at Ohio-based Welltower Inc. (NYSE: HCN), has been appointed to the board while existing board member Richard Turner has been appointed chairman.

"We are grateful for all Rob and Zeke have contributed to the Board since the launch of the company. We have grown considerably over the last fifteen months and we are now positioning ourselves for the next phase of growth," said Turner. "We are thrilled to have Chuck join our Board.  He is a well-respected industry veteran who will help us continue to grow as a company."

Mainstreet Health Investments did not state a reason for Dickson's departure from the board.

  • Perspectives

    • The Importance of Strategic Planning

      How many years have you put work-life balance on your list of New Year's resolutions? Every day, I see so many business owners struggle with the same issues: working 60+ hours each week, not being able to remember the last time they had a vacation, and simply feeling like it's up to them to do it all in their business. After working with countless business owners to identify and overcome their challenges, I've realized the most common root cause is a lack of strategic planning.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Electric Works Lands State Incentives

      The first phase of a major redevelopment project in downtown Fort Wayne will receive state assistance. The Indiana Economic Development Corp. has awarded a conditional tax credit for Electric Works, a mixed-use innovation district located at the former GE campus. The incentive is part of the IEDC's Industrial Recovery Tax Credit program, used to boost investment in the redevelopment of former industrial facilities. Developers are projecting an initial investment of more than...

    • Well-Known Real Estate Firm Expanding to Fort Wayne

      Texas-based Keller Williams Realty Inc. has announced plans to open its first office in downtown Fort Wayne. Financial details of the real estate company's investment in the location were not immediately disclosed, however the expansion will bring at least 35 jobs to the Allen County city.

    • Nestl√© Planning $80M Anderson Expansion

      Nestlé USA has unveiled plans to invest nearly $80 million into its Anderson operations. Our partners at The Herald Bulletin report the company will purchase new equipment for the facility and add 30 jobs.

    • Construction to Begin on $15M Fieldhouse

      City and development officials will break ground Friday on a $15 million sports complex in Noblesville. Finch Creek Park Fieldhouse will include five courts with hard surfaces, two turf-surfaced fields and 11 batting and pitching cages. The project, which was first unveiled a year ago, is a public-private partnership between Klipsch-Card Athletic Facilities LLC and the city. The company is also owner/operator of the fieldhouse at Grand Park in Westfield.

    • Kroger Hires Eric Halvorson

      A former longtime Indianapolis television anchor and reporter has been hired by The Kroger Co. (NYSE: KR). Eric Halvorson, who left WISH-TV last year after 33 years, will serve as public affairs manager and media spokesman for the company's Central Division. He succeeds John Elliott, who will become the chief executive officer of Gleaners Food Bank in Indianapolis later this year.