Lillibridge hires Michael O. Lincoln as Executive Vice President
EVP SYDNEY SCARBOROUGH NAMED SPECIAL ADVISOR TO LILLIBRIDGE CEO
CHICAGO, April 30, 2008 – Continuing its plans for growth and expansion, Chicago-based Lillibridge, one of the nation's largest private healthcare real estate firms, has added Michael O. Lincoln as Executive Vice President of Marketing and Business Development. Sydney P. Scarborough, who had previously held the position, has been appointed Special Advisor to the CEO with responsibility for strategic projects.
"We're very excited to welcome Michael Lincoln to Lillibridge," says Todd W. Lillibridge, Chairman and CEO of Lillibridge. "Mike has spent most of his career in the healthcare and financial services industries, and has a proven track record of more than 20 years in consultative selling and managing complex transactions. He brings the kind of energy, expertise and knowledge that will make a very important impact on our organization."
"Sydney Scarborough, who has been instrumental in Lillibridge's growth for the past ten years, will now focus on special projects on a part-time basis," continued Mr. Lillibridge. "She is ideally positioned to provide sound advice and to continue to provide the organization with tremendous insight."
Mr. Lincoln's new responsibilities at Lillibridge will include competitive and marketing strategy, sales team leadership and direct sales. His appointment became effective April 28, 2008.
Michael Lincoln comes to Lillibridge from GE Healthcare Financial Services Strategic Relationship Group in Chicago. There, he was a founding member of the client management and origination team which focused on the country's 200 largest health systems, and served as Managing Director. Previous to that position, Mr. Lincoln was Director of the Corporate Finance Group at SG Cowen Securities Corporation and Senior Vice President, Interest Rate Products Group at Bank of America.
"Lillibridge is one of the largest and most prestigious healthcare real estate firms in the country," says Mr. Lincoln." I'm pleased to be a part of a company of this stature. I am looking forward to delivering the company's resources to help hospital and health systems manage risks associated with the real estate component of their care delivery channels."
Michael Lincoln holds a master's degree in management from the J.L.Kellogg Graduate School of Management, Northwestern University in Evanston, Ill. His bachelor's of arts degree in political science is from The Colorado College in Colorado Springs, Colo.
For a photo of Michael Lincoln, please contact Carla Lyons, VP Marketing and Business Development at 312-846-4413, or by email at clyons@lillibridge.com
ABOUT LILLIBRIDGE
Lillibridge offers a full complement of real estate services and capital, exclusively to hospitals and healthcare systems. The company's services include buying and developing medical office and outpatient / ambulatory care facilities, program management for building or renovating inpatient and acute care hospitals, asset and property management services, and advisory services for strategic, financial and operational real estate issues. Lillibridge's national scope encompasses more than 250 hospitals and healthcare systems across more than 40 states, including 6,000 physicians and hospital tenants, and approximately 10 million square feet of medical property. Headquartered in Chicago, Lillibridge has multiple regional offices and more than 200 dedicated employees. For more information, please visit us online at www.lillibridge.com or call (312) 408-1370.
