Sonida Senior Living Names Tim Cober as Chief Accounting Officer

DALLAS, June 24, 2022–(Small business WIRE)–Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Residing”) (NYSE: SNDA), just one of the nation’s main senior residing owner-operators, introduced the appointment of Tim Cober, CPA, as Chief Accounting Officer, successful July 1, 2022. Cober joins Sonida Senior Living from Spire Hospitality, a nationwide 3rd-social gathering hospitality administration corporation, the place he most lately served as Vice President of Accounting. Cober will do well Howard Garfield whose previous day with the Business will be July 1, 2022.

“Tim is a hands-on and results-pushed accounting and finance govt with extensive practical experience leading large groups by organizational adjust to boost internal processes and methods. Tim has confirmed enterprise acumen in mergers, acquisitions and portfolio optimization encompassing the entire business lifecycle,” claimed Kevin Detz, Main Monetary Officer. “We are delighted to welcome him to the Sonida crew.”

Throughout his time at Spire Hospitality, Cober was concerned in a number of strategic initiatives, such as the accounting oversight of complicated resort joint enterprise buildings and company accounting with various bases of accounting, like U.S. GAAP, tax and income. He was liable for income management, forecasting and reporting for all Spire Hospitality entities, and he oversaw the standing and completion of annual economic and inner audits done by a variety of countrywide and regional audit companies.

Prior to that, Cober held roles as a Vice President and Corporate Controller and Vice President of Accounting Functions for two major healthcare companies. Notably, he remodeled the accounting departments at both of those providers to lower deal labor, streamline procedures and assist organizational growth and efficiency.

Before in his occupation, Cober served as Vice President of Central Accounting for Aimbridge Hospitality and was responsible for the Hotel Accounting Division, encompassing close to $5 billion in revenues, 800 accommodations and a staff of 100 professionals.

Story proceeds

At the commencing of his profession, Cober put in numerous yrs as an Assurance Senior for Ernst & Young principally serving private and public shoppers in genuine estate, hospitality and non-public fairness and a Fiscal Solutions Associate for Chapman Hext, & Co. P.C.

“This is a time of important possibility for Sonida and its stakeholders. I’m honored to settle for the function of Main Accounting Officer,” stated Cober. “I glimpse forward to joining the Company and remaining section of this exceptional staff as we add to the Company’s important mission.”

Cober graduated with a degree in Accounting from University of Texas, Arlington, and is a Licensed Community Accountant.

About the Business

Dallas-based mostly Sonida Senior Living is one of the nation’s major operators of independent living, assisted residing and memory care communities for senior grownups. The Company has 76 communities, with capacity for close to 9,500 people throughout 18 states, providing cozy, safe, economical communities the place people can kind friendships, take pleasure in new experiences and receive personalised care from committed group members who handle them like relatives.

For much more facts, pay a visit to www.sonidaseniorliving.com or connect with the Business on Fb, Twitter or LinkedIn.

Watch source edition on businesswire.com: https://www.businesswire.com/information/dwelling/20220624005085/en/

Contacts

Kevin Detz (972) 308-8343, [email protected]