SOURCE: Front Porch

Front Porch

April 07, 2015 11:45 ET

Front Porch Names John Woodward as Chief Executive Officer

Financial Industry Veteran Brings Health Care Systems Expertise and Fiscal Leadership to New Role

GLENDALE, CA--(Marketwired - Apr 7, 2015) - Front Porch, a successful not-for-profit 'human serving' organization featuring innovative communities and programs that meet the changing needs of individuals as they age, today announced that John M. Woodward will join the organization as Chief Executive Officer. Woodward succeeds Front Porch founders and co-CEOs Mort Swales and Gary Wheeler who are entering retirement.

Woodward's involvement with Front Porch began 20 years ago when Swales and Wheeler called upon Woodward to help with the formation of Front Porch from the merger of three organizations -- Pacific Homes, California Lutheran Homes and FACT. He also participated in deliberations resulting in the affiliation and eventual Front Porch acquisition of Sunny View Lutheran Home located in Cupertino, California.

"Today, we welcome John and herald the next generation of executive leadership," said Denzil Suite, Chair, Front Porch Board of Directors. "John brings to this role a deep understanding of our business and mission. We are confident that his proven leadership, exemplary interpersonal skills, and strategic thinking will propel Front Porch in its achievements and serve the organization well into the future."

With more than 30 years of experience in investment banking, Woodward's expertise in assisting not-for-profit healthcare organizations with capital planning, debt issuance and long-range business strategy is a strong fit for Front Porch with its dedication to community and financial stewardship. Woodward's career spans executive roles at Bank of America Merrill Lynch, PaineWebber/UBS Investment Bank, Kidder, Peabody & Company, Lazard Freres & Company and more, where he managed the planning and implementation of major expansion programs, reorganizations, and mergers and the acquisition of facilities for a wide range of clients. His client relationships included large multi-hospital systems, academic medical centers, community hospitals, physician practices and large senior living organizations.

"In all my years working with organizations that serve older adults, Front Porch is in a distinctive class. The level of innovation, steadfast respect for community, and high quality of service and professionalism continues to set a new standard," remarked John Woodward, who will officially begin his role as Front Porch CEO on May 6. "I look forward to working with the dedicated and talented Front Porch team to build upon the organization's existing accomplishments and drive new initiatives to meet the needs of older adults."

As an advisor to senior management and boards of directors, Woodward has participated in strategic planning as well as legislative initiatives. He holds a bachelor's degree in economics and mathematics from University of California at Santa Cruz and an MBA from the University of Chicago.

About Front Porch
Front Porch is a not-for-profit support system for a family of companies that serve individuals and families through full-service retirement, active adult communities, affordable housing communities through CARING Housing Ministries and related management and development services. Front Porch active adult and full-service retirement communities offer a full range of options from independent living to skilled care, including assisted living and memory support in unique settings. Front Porch holds a BBB+ credit rating from Standard & Poor's. With innovative communities and programs that meet the changing needs of people as they age, Front Porch represents a leading-edge approach to enhance wellbeing. 

Specialized outreach programs like the Front Porch Center for Innovation and Wellbeing, Social Accountability in Action, Front Porch Gallery and affiliated Centers for Spirituality and Aging support the Front Porch belief in understanding and meeting the needs of the individuals and communities we serve. Front Porch's 'human serving' capabilities are epitomized by its commitment to Humanly Possible(SM), a cultural imperative that harnesses the innovative spirit of all of its staff in an effort to do whatever is humanly possible to meet emerging needs now and in the future. 

Front Porch Communities and Services is comprised of 10 full-service retirement communities in California and two adult living communities: one in Louisiana and one in Florida. Front Porch also serves individuals and families through more than 20 affordable housing communities managed by Front Porch's affiliate, CARING Housing Ministries. Front Porch, based in Glendale, California, and founded in 1999, is a not-for-profit organization that gives back to its residents and the communities it serves.

Contact Information

  • For more information contact:
    Michelle van Kriedt/Jamie Mesenburg
    Email Contact
    (415) 986-7212

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