Vice Chair
Richard J. Hutchinson
Discovery Senior Living
Bonita Springs,
FL
Richard Hutchinson is the founder and Chief Executive Officer of Discovery Senior Living; family of companies which include: Discovery Management Group, Discovery Development Group, Discovery Design Concepts, Discovery Marketing Group & Discovery At Home, a Medicare-certified home healthcare company.
As an industry leader in seniors housing, Discovery Senior Living currently has in excess of 9,500 units in operation or under development throughout the Midwest, Mid-Atlantic, and Southern United States. The company has expanded to include an array of living options which include: senior apartments, independent living in both multi-apartment and villa environments, supervised independent living, personal care, assisted living and memory care. The successful and diverse rental portfolio features large luxury, resort-style campuses, state-of-the-art care communities, smaller village-inspired wellness and care communities and secured memory care neighborhoods.
Through Richard’s leadership, the family of companies has achieved significant growth. His vision of developing a business culture of innovation, integrity and creativity, while being analytically driven, has pushed the company to the leading edge of the industry, redefining seniors housing along the way. The companies have been recognized for their exceptionalism and ingenuity and have received accolades and awards from The National Association of Home Builders 50+ Seniors Housing Council, Southeast Builders Conference, National Mature Media and Generations Awards, as well as earning a five-star rating from the Centers for Medicare and Medicaid Services for Quality of Patient Care.
Prior to joining Discovery, Richard held the position of Chief Financial Officer for more than a decade, from 1996 to 2006, with Aston Care Systems, Inc. As Aston’s Chief Financial Officer, he developed the initial strategic business plan, secured necessary equity, and financed development and construction. During his 25+ year career he has negotiated and closed more than $2 billion in equity and debt transactions, while establishing relationships with many of the industries’ key financiers, investors and operators. Richard has been a member of ASHA’s Executive Board since the late 1990s.
He served in the U.S. Army from 1986 to 1994 including a tour during Desert Storm. Richard graduated Summa Cum Laude from St. Leo College earning a Bachelor’s Degree in Accounting, and is a former Certified Public Accountant.