Asbury Governance

Guiding Asbury’s Mission and Future

The Asbury Communities Board of Directors represents the Asbury parent corporation, which provides management services to its related organizations. As directors of a not-for-profit organization, board members ensure that Asbury fulfills its mission and tax-exempt purpose, as well as meets its obligations to all of its constituencies.

The board is the primary force guiding Asbury to the realization of its mission to “do all the good we can” for the older adults it serves. Board duties include strategic planning, reviewing organizational structures and system operations, monitoring Asbury’s growth plans, and ensuring transparency of audit information and other financial reports.

Asbury owes a debt of gratitude to these dedicated volunteer members who bring insight, leadership and commitment to the organization.

Doug Leidig serves in an Ex-Officio Voting capacity. The Baltimore-Washington Conference United Methodist Church acts as an Ex-Officio Non-Voting Advisor.

Robert E. Boyd, Chair

Bob is the Founder and President of Boston Street Advisors a financial advisory firm in Tulsa. He has more than 30 years of experience in the fields of capital formation, international finance, and investment banking. He is also the founder of Boston Street Capital, a private equity investment firm. He has advised private equity funds and hedge funds, major energy, technology, manufacturing and healthcare companies in the areas of shareholder value and performance improvement. Bob has advised management and shareholders on capital acquisition, business development, transaction structuring, valuation services and strategic business planning for major and mid-market.

Bob is Special Advisor to the President of the Wharton Club of New York and is a member of Wharton Private Equity Partners. He has served on the National Advisory Council of the U.S. Small Business Administration and on the Business Valuation Committee of the Oklahoma Society of CPAs. Bob serves on several not-for-profit organizations, including The Jimmie L. Dean Scholarship Foundation and the John Starks Foundation, and is Board Chair of Asbury Communities, which is the parent organization of Inverness Village. He holds an MBA from the University of Tulsa, an advanced degree from the Wharton School, University of Pennsylvania, and is a Fellow of the Wharton. He is a Certified Public Accountant in the state of Oklahoma, a Certified Global Management.

Thomas Holets, Vice Chair

Thomas is a health care consultant, affiliated with the American Medical Group Association. He works with Boards, C-suite members and others assisting with matters of strategy, organizational alignment, governance, and operations transformation. He has over 30 years of experience leading a variety of health care delivery and related businesses. He has held the position of CEO, CAO and President of industry-leading delivery systems in the Upper Midwest and Southeastern U.S. His experiences have ranged from start-ups to mergers and acquisitions to business turnarounds to market-leading organizational transformations. His accomplishments related to quality, efficiency and leadership development have been recognized by groups including the American Group Practice Association and the Medical Group Management Association. Tom has a track record of progressive business growth, profitable operations and industry-leading innovations. Thomas sits on a number of for profit and non-profit Boards, including Asbury Communities, NXC Imaging, and First Layer Health. Thomas has master’s degrees from the College of Medicine (Health Care Administration) at the University of Iowa and from the University of Minnesota (MBA – Finance), He also holds an Advanced Management Certificate from the Wharton School at the University of Pennsylvania. Tom is a Paul Harris Fellow and a Fellow of the American College of Medical Practice Executives.

Robert Burke, Ph.D.

Robert is Professor Emeritus of Healthcare Administration at The George Washington University (GW). Dr. Burke is a medical sociologist and a nationally known expert in long-term care, with extensive experience in developing, evaluating and implementing health care policy and managing multidisciplinary professional staff. For more than 35 years, he has conducted and directed health service research, payment and evaluation projects, and is thoroughly versed in the policy and program issues of Medicare, Medicaid and other public and private third-party payor systems, serving as an advisor to the U.S. Centers for Medicare & Medicaid Services. While at GW, Dr. Burke served as Chair of the Department of Health Service Management and Leadership where his specialization was long term care management. In 2015, The American College of Healthcare Administrators awarded him their Education Award. He holds both a bachelor’s and master’s degrees in sociology from Boston College and a doctorate in medical sociology from the University of Florida.

Annice Cody

Annice is the President of Holy Cross Health Network the community-based operating division of Holy Cross Health, a regional health system located in the Washington, D.C.-metro area. In this role Annice is responsible for Holy Cross Health’s four primary care safety-net health centers and two geriatric-focused primary care sites, community health programs, community benefit program and population health. Prior to assuming this role in 2014, Annice was the Chief Strategy Officer for Holy Cross Health. She has a long history with Holy Cross, joining the organization in 2000 as the Vice President of Strategic Planning. Prior to joining Holy Cross Health, she worked as a vice president at the Lewin Group, a health care consulting firm in Fairfax, Va. Annice holds an MBA from the Kellogg Graduate School of Management of Northwestern University.

Nellie Cole

Nellie has more than 25 years of experience providing accounting and advisory services to public, private, and nonprofit entities in the Nashville area. Nellie Cole currently serves as the Chief Financial Officer for Heather R. Hayes & Associates where she is responsible for the financial stewardship of the company, including financial and operating budgets, financial affairs and reporting, and program management. Previously, Nellie served as the Director of Finance and Administration of Integrative Life Center, and as the Chief Financial Officer of MVI Holdings, Inc., and as the Chief Financial Officer of McKendree Village Inc., a continuing care retirement community located in Hermitage, Tenn.

For 12 years, Nellie served in the assurance services practice of KPMG public accounting firm, providing management of financial statements and compliance audits, due diligence related to mergers and acquisitions and assistance in the preparation of initial public offerings, bond offerings, and other SEC filings. She serves as an adjunct faculty member at Tennessee State University and as a member of the Middle Tennessee State University Jones College of Business Advisory Board, Belmont University Accounting Advisory Board and Nashville State Tech Community College Computer Accounting Advisory Board. She holds an MBA from Middle Tennessee State University.

Jeffrey Ernico

Jeffrey is Senior Counsel at Mette, Evans & Woodside based in Harrisburg, PA. His multi-faceted experience enables him to provide legal counsel in a number of areas. He advises corporate, commercial and individual clients on a broad spectrum of legal matters ranging from corporate issues, real estate transactions and administrative law to estate planning and taxation. He also has extensive experience as a solicitor for boroughs, townships and zoning hearing boards. Jeff has an in-depth understanding of complex business transactions including mergers, acquisitions relating to corporations, limited liability companies and partnerships. He frequently assists his corporate clients in a broad range of business-related matters including strategic planning and succession planning.

A prolific author and lecturer on estate planning, taxation and real estate law, Jeff has addressed national and local audiences. A dedicated advocate of pro bono work, he is the recipient of the Louis Goffman Pro Bono Award of the Pennsylvania Bar Foundation. In recognition of his efforts to provide legal services to all, the Bar Association created the Jeffrey A. Ernico Award, which recognizes attorneys for exceptional pro bono achievements. He holds a juris doctor’s degree from the James E. Beasley School of Law of Temple University.

Louis Grammes, CLU®, CBFS

Louis is a Senior Partner with Executive Planning Group, a general agency of Massachusetts Mutual Life Insurance Company located in Mechanicsburg, PA. He has forty years of experience counseling clients in insurance strategies, wealth preservation, business succession and selective benefit plans. He is known for being a highly creative professional in the development of business succession plans and wealth preservation techniques. Lou has been an active member of the local National Association of Insurance and Financial Advisors chapter since 1966 and has served as president of four Life Underwriters Associations, two Estate Planning Associates and also served as Pennsylvania State Associate Legislative Chair for 20 years.

Lawrence Parks

Larry is a partner of Aon Hewitt’s Executive Compensation and Governance practice, based in Washington, D.C. He is a highly skilled and effective executive compensation advisor and facilitator with extensive experience serving hundreds of United States and international public and private company boards and management teams, including investor- and family-owned businesses, across almost all industry sectors. Larry’s consulting and business career spans more than 30 years and includes leading his own consulting firm and serving as a managing principal at Towers Watson.

He brings significant experience and insight to a broad spectrum of executive compensation and board-level issues including executive compensation advisory, developing executive compensation programs linked to initiatives for improving company performance, executive motivation and engagement, and enhancing shareholder value creation. Larry is experienced in corporate transactions and restructuring such as mergers and acquisitions, joint ventures, spin-offs and IPOs throughout a variety of industries. He holds a bachelor’s degree in business administration from Southern Methodist University.

Nicholas Serenyi

Nick Serenyi is a Senior Vice President, Family Wealth Director, and Financial Advisor for Morgan Stanley’s Three Oaks Group. He focuses on tax and estate planning strategies, concentrated stock positions, the sale of privately held businesses, and philanthropic services. Before joining Morgan Stanley in 1995, Nick was commissioned as a Surface Warfare Officer with the United States Navy and spent four years on the USS John Young. After 20 years of service as an active reservist while also working in the financial industry, Nick retired from the Navy having earned the rank of Commander.

Nick earned his Certified Financial Planner (CFP®) designation from the College for Financial Planning. Nick has been named to the Morgan Stanley’s prestigious President’s Club, an elite group composed of the firm’s top Financial Advisors. He has also been named to the Financial Times Top 400 Advisors list and Forbes Magazine has named Nick one of the top Financial Advisors in the state of Maryland. Nick holds a bachelor’s degree in government from Harvard University where he graduated with honors.

Carolyn Stamatakis

Carolyn has spent her career working in the fields of risk management, credit policy development and quality assurance with such organizations as Freddie Mac and Capital One Bank. Carolyn’s association with Asbury dates to the early 1990’s when her father moved to Asbury Methodist Village in Gaithersburg, Md. She has served on many of the organization’s committees and Boards. Carolyn holds a master’s degree in international relations from Duquesne University in Pittsburg, Pa., as well as numerous certificates related to her professional and volunteer careers.

Doug Leidig

A licensed nursing home administrator in Maryland and Pennsylvania, Doug’s current role as President & Chief Executive Officer of Asbury Communities, Inc., continues more than 25 years of experience dedicated to enhancing and enriching the lives of older adults. During more than 18 years with Asbury, he has remained firmly committed to the organization’s mission to “do all the good we can by providing exceptional lifestyle opportunities to those we serve.” During Doug’s career, he has overseen the operations of several senior living communities and implemented numerous advancements in care and wellness for residents within those communities.

Doug previously served as the Chair and Vice Chair of LeadingAge Maryland, and in April 2015, he was selected to join the advisory board for Senior Living 100, the premier leadership event for C-level executives from the nation’s largest, most progressive assisted living, independent living and continuing care providers. Doug also previously served on the Kairos Health Systems Board of Directors. Doug holds an MBA from Mount St. Mary’s University in Maryland.


Asbury Atlantic, Inc. and Board Members

Asbury Atlantic, Inc., is the owner and operator of Asbury Methodist Village in Gaithersburg, Md., Asbury Solomons in Solomons, Md., Bethany Village in Mechanicsburg, Pa., and Springhill in Erie, Pa., and is the provider and legal entity responsible for providing services to the residents of these communities. Learn more about Asbury Atlantic, Inc.

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