Welltower (WELL) Announces Addition of Andrew Gundlach to Board of Directors

Welltower Inc. (NYSE: WELL) announced today the appointment of Andrew Gundlach to its Board of Directors. Mr. Gundlach, 53, is the President and Co-CEO of Bleichroeder LP, a registered investment advisor serving ultra-high-net-worth families. He has extensive experience in both public and private markets, with a particular expertise in corporate strategy and capital markets.

Mr. Gundlach has been a key figure at First Eagle Investment Management, where he has served on the board since 2004. Bleichroeder was spun out from First Eagle after funds controlled by Blackstone and Corsair bought majority control in 2015, a transaction initiated by Mr. Gundlach. Earlier in his career, Mr. Gundlach held roles in the corporate finance and M&A departments at Morgan Stanley and J.P. Morgan.

"We are delighted to announce the appointment of Andrew as an Independent Director of the Welltower Board. Andrew's broad skillset, highlighted by his extensive investment background, expertise in strategic financial management, and capital allocation acumen, will complement our Board's already robust capabilities," said Kenneth J. Bacon, Chairman and Independent Director of the Welltower Board. "With almost 30 years of investment experience, Mr. Gundlach's deep understanding of the markets and his strategic vision will be invaluable to Welltower as the company continues to expand its portfolio and seeks to enhance shareholder value. Additionally, Bleichroeder's well respected long-term investment orientation demonstrates Andrew's alignment with a key tenet of the Welltower management team's ethos."

Mr. Gundlach earned a B.S in International Relations and Affairs and an M.S. from Georgetown University's School of Foreign Service and an MBA from Columbia Business School. Mr. Gundlach is a Member of the Council on Foreign Relations, where he serves on the Investment Committee. He also serves as an Adjunct Professor at the Heilbrunn Center for Graham & Dodd Investing at Columbia Business School from 2004 to the present, where he teaches courses on investing. He currently serves as a Member of the Columbia Business School Board as well as a trustee of the Guggenheim Museum.

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