Discovery Senior Living is honored to announce the promotion of Thomas J. Costello from senior vice president of finance and accounting to chief financial officer for the company. Costello has been an integral part of Discovery Senior Living’s growth and success to date, developing and managing finance, accounting and IT operations while establishing and achieving overall corporate strategic objectives.
“We want to congratulate Tom on his well-deserved promotion. Tom has been with Discovery for nearly two decades and has been instrumental in effectively guiding the growth in both the finance and accounting departments, as well as the organization in general,” said Richard J. Hutchinson, president and co-founder of Discovery Senior Living. “I am proud of Tom’s accomplishments to date and I am looking forward to working closely together to continue positioning Discovery as a leader in the industry”
Some of Costello’s new responsibilities will include establishing and implementing Discovery Senior Living’s strategic and tactical capital plan, negotiating organizational debt terms and usage, overseeing all accounting and financial reporting for the organization and working with the CEO/President on the development of the organization’s annual and strategic plans.