CareTrust REIT Appoints Spencer Plumb to Board of Directors

SAN CLEMENTE, Calif. — CareTrust REIT (NASDAQ: CTRE) has appointed Spencer Plumb as an independent Class III director to the company’s Board of Directors.

Plumb's appointment fills the vacancy left by Gary Sabin's previously announced resignation last August.

Plumb is the president and CEO of Sabin Holdings, a global real estate platform. Prior to Sabin Holdings, Plumb co-founded and served as the chief operating officer of Excel Trust (formerly NYSE: EXL, now owned by Blackstone Real Estate), a retail-focused REIT.

Plumb earned his bachelor’s degree in economics from Brigham Young University.

CareTrust REIT Inc. is a publicly traded real estate investment trust focused on seniors housing and healthcare properties. Based in San Clemente, the company owns 156 properties in 20 states.

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