RICHARD HUTCHINSON

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RICHARD HUTCHINSON

Chief Executive Officer

Mr. Hutchinson is the Chief Executive Officer of Discovery Senior Living, a premier regional developer and operator of high-end, rental senior-housing communities. Currently Discovery has in excess of 5,000 senior apartments, independent living, assisted living and memory care units in operation or under development with communities located throughout the south and southeast United States.

Prior to joining Discovery, Mr. Hutchinson held the position of Chief Financial Officer for more than 10 years, from 1996 to 2006, with Aston Care Systems, Inc. As Aston’s Chief Financial Officer, Mr. Hutchinson developed the initial strategic business plan, secured necessary equity, financed the development and construction, and ultimately negotiated the sale of the 2,000 unit portfolio. During his 20+ year career he has negotiated and closed more than $1 billion in equity and debt transactions, while establishing relationships with many of the industries’ key financiers, investors and operators.

Mr. Hutchinson is married with two sons and served in the U.S. Army from 1986 to 1994 including a tour during Desert Storm. He graduated Summa Cum Laude from St. Leo College earning a Bachelor’s Degree in Accounting and is a former Certified Public Accountant.