Edward Yarish, Chief Executive Officer

Mr. Yarish is a Founder of RSL and has spent the last twenty years operating skilled nursing and assisted living properties. Beginning as an Assistant Administrator in a Ha mburg, Pennsylvania nursing and retirement facility, Mr. Yarish rose quickly into roles as Regional Director, Vice President of Operations, and Executive Vice President in a variety of well-respected long-term care companies. Mr. Yarish’s experience encompasses all facets of healthcare facility management, including general management, marketing, and integration of acquired properties. Mr. Yarish’s record of success demonstrates a career-long commitment to balancing quality care with exceptional financial returns. He graduated with a degree in Health Care Administration from The Pennsylvania State University.

In 2002, Mr. Yarish co-founded Proformance Senior Living Management, a privately held company specializing in operation and management of assisted living properties. Proformance’s first acquisition, of four distressed assisted living properties, went from low occupancies and negative cash flow to 95% occupancies and positive margins within ten months of ownership. Proformance also provided extensive marketing consultation and design work for many prominent post-acute health care providers.

Frank Wehr, Chief Operating Officer

For over twenty years, Mr. Wehr’s business career has focused on the operation and management of all facets of health care operations. Following graduation from West Chester University, Mr. Wehr became a licensed nursing home administrator and oversaw the operations of several skilled nursing facilities for Manor Healthcare Corporation.

In 1992, Manor Healthcare made the strategic decision to expand its healthcare services to include assisted living, independent living and Alzheimer’s assisted living. Mr. Wehr led the assisted living development team, providing operational planning direction for the $350 million development initiative. Concurrently, Mr. Wehr played a key role in the conceptual development of the Manor Care Arden Courts and Springhouse facilities. During his tenure at Manor Healthcare, Mr. Wehr oversaw the development and day-to-day operations of 56 facilities in 18 states.

Mr. Wehr joined Genesis Health Ventures in 1999 as Vice President of Senior Housing. During his tenure at Genesis, Mr. Wehr developed and implemented operating procedures for 34 assisted and independent living facilities in 12 states.

In 2002, Mr. Wehr co-founded Proformance Senior Living Management with Mr. Yarish.

Steve Coleman, Chief Financial Officer

Mr. Coleman has spent the last 30 years in a variety of commercial and health care accounting positions Prior to RSL, Mr. Coleman was employed by Genesis Health Ventures for nine years and held positions of Accounting Manager – Real Estate Development, Senior Manager of Corporate Reporting, and Director of Finance for the Company’s PACE program. These positions gave Mr. Coleman an extensive background in all phases of managerial accounting, financial analysis and modeling, and budgeting. Mr. Coleman’s background includes experience in developing and maintaining differing accounting systems. Prior to his employment at Genesis, he was an owner/operator of Paul Davis systems and a Divisional Manager of Accounting for Burroughs Corporation.

Kathleen Csobaji, Senior Vice President, Sales and Marketing

Ms. Csobaji joins the Rittenhouse team with twenty years of experience in health care real estate and senior living. Prior to her position with Rittenhouse, she was the Founder and President of Performance Improvement Partners, llc, a full service consulting firm. In addition, she served as Vice President of Brand Management for Marriott International’s Senior Living product line. In that role, Ms. Csobaji successfully led the division’s hospitality standards, was the brand manager and corporate level operational support for the independent living portfolio. She helped prepare the business for sale to Sunrise Senior Living in the summer of 2003 and later served on the transition team for Sunrise Senior Living.

Prior to her service at Marriott, Ms. Csobaji was the National Director of Sales and Marketing with Brookdale Senior Living where she helped grow the company from 12 to 62 communities. She provided direct leadership to the company’s development and acquisition portfolio, including their flagship property in Manhattan, NY.

Ms. Csobaji has also held a variety of positions including Director of Public Policy for the Alzheimer’s Association and Regional Sales and Marketing Director for Manor Health Care’s Arden Courts product.

Ms. Csobaji holds a BA from George Mason University and an MA in Human Resource Development/Organization Development from The George Washington University. She has served on the Board of Directors for the Alzheimer’s Association, Northern Virginia Chapter, The Virginia Coalition for the Aging and was an appointed member of The Virginia Governor’s Commission on Alzheimer’s Disease. Ms. Csobaji is a Foundation Associate of the Women Business Leaders of the US Health Care Industry Foundation (WBL).