Sunrise Senior Living Inc. / SRZ
Liz Harm, left, an activity coordinator at Sunrise Senior Living in McLean, dances with Betty Nielson. (Photo: Andrea Bruce/The Washington Post)
About Sunrise Senior Living Inc.
7902 Westpark Dr., McLean, Va. 22102
www.sunriseseniorliving.com
| 703-273-7500
| Founded: 1981
Industry: Health Care | Category: Top 100 Companies
Sunrise Senior Living, the nation's largest assisted-living provider, continued to reel from about $170 million worth of accounting irregularities first revealed in 2006. Under increasing criticism from shareholders, the company added independent directors to its board and continued a legal fight with its ousted chief financial officer. The company let go three other top executives after discovering what it said was inappropriate accounting; an internal board review found that allegations of insider trading and improper options backdating were unfounded.
Chairman and CEO: Paul J. Klaassen
Chairman and CEO: Paul J. Klaassen
2007 Financial Data
Total employees: None | Local employees: NoneCompany Leadership
| Teresa M. Klaassen | Co-Founder, Chief Cultural Officer and Director |
| Lynn Krominga | Non-Executive Chairman |
| William G. Little | Director (President and Chief Executive of the Quam-Nichols Co.) |
| Ronald V. Aprahamian | Director (Business Consultant) |
| Thomas J. Donohue | Director (President and Chief Executive of the U.S. Chamber of Commerce) |
| James Douglas Holladay | Director (General Partner in Park Avenue Equity Partners and the Thornton Group) |
| Stephen D. Harlan | Director (Partner, Harlan Enterprises) |
| Paul J. Klaassen | Co-Founder, Chief Executive and Director |
Source: Compensation data provided by Equilar, Inc..
Did You Know
CLOSE TO HOME: Founder Paul J. Klaassen plans to move his mother into a Sunrise community in Bethesda later this year.
