Integral Senior Living Announces Executive Promotions

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Integral Senior Living (ISL) announces the promotions of Chris Kasulka to Chief Executive Officer/Chief Operating Officer and Tracee DeGrande to President/Chief Financial Officer. Sue Farrow, previously Chief Executive Officer and President will assume the role of Executive Chairman.

Integral Senior Living (ISL), a leader in managing senior independent, assisted living and memory care properties, is pleased to announce the promotion of Chris Kasulka to Chief Executive Officer/Chief Operating Officer and Tracee DeGrande to President/Chief Financial Officer. Sue Farrow, previously Chief Executive Officer and President will assume the role of Executive Chairman.

“These promotions recognize the strong contributions and leadership that both employees have made to the growth and success of ISL,” explained Sue Farrow. “It is the natural progression of the changes the company has been undergoing for the past 12-18 months. Both Chris and Tracee have been taking the lead in the company’s operations and day-to-day activities for some time.” These changes will be effective on January 1, 2012.

As Chief Executive Officer/Chief Operating Officer, Chris will be responsible for overseeing the company’s operations, interacting with the various owners and ownership groups as well as helping develop new business opportunities for ISL. Chris joined the company in 2004 as Vice President of Operations and is currently the Chief Operating Officer. Chris has over 20 years of experience in the senior housing and hospitality industries. Before Chris joined ISL, she served as Senior Vice President of Operations for ARV/Atria Senior Living.

“Sue and I have worked very closely together over the past seven years. We have assembled a team of the industries’ best and brightest and it has been a joy to witness the growth and success we have all shared. The addition of Tracee to the team adds a key dimension for our future development. I appreciate the opportunities that I have received at ISL and I am ready for the challenge. The past 15 years in the industry has lead me to this point in my career and I am looking forward to ISL’s continued success and having some fun along the way as well.”

As President/Chief Financial Officer, Tracee will continue to oversee the company’s financial matters and long term financial strength, partner with Chris to coordinate and interact with our various ownership groups, identify new business opportunities and negotiate the company’s role in these ventures. Tracee joined ISL in September of 2009 as the company’s Chief Financial Officer. Over the course of her career, she has attained more than 26 years of finance experience, with a number of those years specifically as a CFO in the senior living industry. Her strong industry and professional experience includes tenure at Aegis Living, Regency Pacific and Hillhaven Corporation (now Kindred).

“I’ve had the good fortune to have worked in senior housing for most of my career, and feel that everything I’ve accomplished has prepared me for this role. The past two years with ISL have been enormously gratifying. The ISL culture and people are truly the best of the best, and the growth we have experienced with the expansion of our business plan to include other forms of ownership, in addition to growing and strengthening our core business, is exciting. I feel privileged to be part of the team and to participate in ISL’s even brighter future,” said Tracee.

Sue, in her role as Executive Chairman/Owner, will remain active in business development and she will be a key member of the Due Diligence team as we explore new business contracts. “This change allows me the increased freedom to travel to our communities helping maintain the culture and reputation that we have all worked so hard to create. It also allows me the opportunity to accept some board seats that are of great interest to me in advancing the cause of serving seniors”.

About ISL
Integral Senior Living headquartered in Carlsbad, CA., manages 52 independent, assisted living and memory care properties for seniors in California, Arizona, Utah, Idaho, Texas, Montana, New Mexico, Nevada, Oregon, and Washington. ISL is founded on a care philosophy that fosters dignity and respect for residents and promotes their independence and individuality. The dedicated staff at each community is trained to maintain the highest standards of senior care services. For more information about ISL, go to http://www.islllc.com or call (760) 547-2863.

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