Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
Resignation of Chief Financial Officer, Secretary and Treasurer
On November 22, 2021, Jason F. Doyle notified Healthcare Trust, Inc. (the
"Company") of his resignation as chief financial officer, secretary and
treasurer of the Company, Healthcare Trust Advisors, LLC (the "Advisor"), and
Healthcare Trust Properties, LLC (the "Property Manager"), each effective as of
December 1, 2021. Mr. Doyle stated that his resignation is not related to any
disagreements or disputes with management of the Company, the Advisor or the
Property Manager. Mr. Doyle will remain in each of his positions until his
resignation becomes effective, and will remain with AR Global Investments, LLC,
the parent of the Advisor and the Property Manager ("AR Global"), in his other
capacities.
Appointment of Chief Financial Officer, Secretary, and Treasurer
On November 22, 2021, the Company's board of directors unanimously elected Scott
M. Lappetito as chief financial officer, secretary and treasurer of the Company,
effective upon Mr. Doyle's resignation, and he will also become the chief
financial officer, secretary and treasurer of the Advisor and the Property
Manager on that date.
Mr. Lappetito, 35, joined AR Global in October 2016 and has served various
accounting roles at entities that are or were advised by affiliates of AR
Global, including the Company's chief accounting officer since April 2019, the
Company's controller from November 2017 through April 2019, chief accounting
officer of American Finance Trust, Inc. from November 2019 through March 2020,
controller of American Realty Capital Healthcare Trust III, Inc. from November
2017 until its dissolution and liquidation in March 2019 and assistant
controller of AR Global from October 2016 through November 2017. Prior to
joining AR Global, Mr. Lappetito held various financial and practice leadership
roles, including vice president of corporate accounting at Citigroup, Inc. from
March 2014 to October 2016. Prior to that, Mr. Lappetito served in various other
senior finance and accounting positions at other public companies. Mr. Lappetito
began his career in public accounting in November 2010 with
PricewaterhouseCoopers LLP. Mr. Lappetito is a certified public accountant in
the State of New York, holds a B.S. in accounting from The Pennsylvania State
University and an M.B.A. from Villanova University. Mr. Lappetito, as an
executive officer of the Company, the Advisor and the Property Manager, may be
deemed to have a material interest in transactions involving the Company and the
Advisor or the Property Manager reported under Item 404(a) of Regulation S-K and
described in the Company's definitive proxy statement on Schedule 14A filed with
the Securities and Exchange Commission the on March 30, 2021.
Indemnification Agreement
In connection with Mr. Lappetito's election as chief financial officer,
treasurer and secretary of the Company, the Company plans to enter into an
indemnification agreement (the "Indemnification Agreement") with Mr. Lappetito,
upon assuming the roles of chief financial officer, treasurer and secretary of
the Company. The Indemnification Agreement will be substantially identical to
the indemnification agreement entered into by the Company with its other
directors and officers. Under the Indemnification Agreement, Mr. Lappetito will
be indemnified by the Company to the maximum extent permitted by Maryland law
for certain liabilities and will be advanced certain expenses that have been
incurred as a result of actions brought, or threatened to be brought, against
him as an officer of the Company as a result of his service, subject to the
limitations set forth in the Indemnification Agreement.
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