Bruce Mackey, Cpa Email & Phone Number

Boston, Us

Bruce is one of the Managing Partners of Sona Senior Living where he provides leadership and direct oversight of the company’s financial operations and strategic growth initiatives. In the senior living space Bruce is known as a results-oriented, visionary leader with a strong track record of performance in multi-facility senior living business, including independent and assisted living communities, skilled nursing facilities, and out-patient rehabilitation clinics. He utilizes keen analysis, insights, and leverages a team approach to drive organizational improvements and implementation of best practices. Bruce is a senior leader in his industry therefore responsible for strategy, but he takes pride in monitoring the details and being close to the action. He is a natural leader of people and highly skilled at identifying and hiring top talent and building teams that perform to peak performance. His impressive interpersonal skills and deep background help him resolve complex transactions and management issues, which he considers to be the two most critical components of his work. Bruce started his career in senior housing when he joined the RMR Group, an asset management company with more than $30 billion in assets under management, after practicing as an accountant and consultant with Arthur Anderson LLP, In 2001, Bruce helped to launch and grow Five Star Senior Living, first as Chief Financial Officer and then as Chief Executive Officer in 2008. Over the last 10 years, Bruce helped grow Five Star into one of the largest senior living companies in the United States. As the Chief Executive Officer Bruce oversaw operations, legal and compliance, sales and marketing, finance and accounting and information technology. Bruce holds a bachelor’s degree in business administration from the University of Massachusetts, Amherst, and is a Certified Public Accountant.

Newton, Massachusetts, Us

One of the largest public company providers of senior living in the US. Five Star is a healthcare services company operating senior living communities. Five Star owns, leases, and manages over 275 communities with over 32,000 separate living units located in 32 states, Five Star has $1.4 billion in annual revenues, over 26,000 employees, headquartered in Newton, MA.• Grew Five Star’s revenues from $200 million in 2002 to $1.4 billion. • Successfully completed three secondary offerings raising gross proceeds approaching $200 million. • Negotiated several revolving lines of credits and amendments with various banks. Doubled the borrowing capacity over a two-year period. • Maintained one of the lowest ratios of general and administrative costs in the industry. • Successfully amalgamated two captive insurance companies into one. More than tripled investments of insurance companies over a three-year period. • Led acquisition team that acquired and integrated over 200 communities between 2002 and 2018. • Oversaw several significant information technology projects such as Workday and Point Click Care (electronic health record system), as well as dozens of other minor systems. Oversaw a $35 million annual IT budget. • Successfully disposed of Five Star’s Pharmacy Division generating a gain of over $25 million. Five Star’s Pharmacy was one the 10th largest long-term care pharmacies in the United States. • Led the effort to sell two rehabilitation hospitals in the greater Boston area generating a gain of $70 million.

Newton, Massachusetts, Us

• Led effort in taking Five Star public in December 2001. • Accelerated cash flows significantly through improved collections process. Between 2002 and 2005, decreased outstanding Five Star sales from over 55 days to 20 days. • Key member of team implementing enterprise-wide Peoplesoft ERP system. • Initiated and directed activities associated with Sarbanes-Oxley Section 404 certification of internal control environment. Worked closely with Ernst & Young and Director of Internal Audit to perform a controls assessment of various business lines.• Led the acquisition of five institutional pharmacies between 2003 – 2006. Pharmacy division annual revenues was at a $50 million run rate. • Oversaw Five Star’s various filings with the Securities and Exchange Commission.

Newton, Ma, Us

The RMR Group manages one of the largest and most diverse portfolios of publicly-owned real estate in the United States. Manages five public real estate investment trust; Senior Housing Properties Trust (NASDAQ: SNH), Hospitality Properties Trust (NASDAQ: HPT), Office Properties Income Trust (NASDAQ: OPI), Industrial Logistics Properties Trust (NASDAQ: ILPT), Tremont Mortgage Trust (NASDAQ: TRMT). RMR also manages a closed-end mutual fund, a private real estate fund, as well as a hotel operating company (Sonesta Hotels) and a truck stop operating company (Travel Centers of America). Total assets under management of RMR are in excess of $30 billion. Executive Vice President (2001 – December 2018)Reported to the President and the Board of Directors. Member of executive operating committee that oversaw the investments and day-to-day operations of RMR.• Assisted in overseeing Strategic Planning, Finance, Information Technology, Operations, Human Resources, and Acquisitions.• Performed due diligence and accounting technical research for acquisitions.• Assisted in various company equity and bond offerings. • Promoted to Vice President in September 2001, Senior Vice President in May 2006, and Executive Vice President in September 2011.Controller (1997 – 2001)Top financial position reporting to the CFO. Responsible for a department of 40 individuals overseeing all financial reporting, general accounting, accounting, auditing, and special handling. Recognized for integrating finance function into daily operations. Took leadership role and worked closely with department heads to drive process and cost improvements throughout the organization.

• Led and participated in numerous financial audits for organizations of various sizes/industries.• Supervised staff accountants and documented their performance on engagements.• Assisted clients in completing quarterly and annual reporting requirements. Experience with Form 10-K, Form 10-Q, and Form 8-K filings.• Consolidation experience in multi-entity organizations, including foreign subsidiaries.