Board of Directors
Darryl W. Copeland Jr., Chairman and Executive Vice President
Darryl W. Copeland, Jr. is Executive VP and Chairman of the Board of Elderlife Financial Services. He is also Owner and President of Provident Realty Partners LLC (“PRP”). Prior to founding PRP, Mr. Copeland founded and served as Chairman, Chief Executive Officer and President of Provident Senior Living Trust ("PSLT"), a real estate investment trust with a portfolio of more than $1 billion of senior living real estate. PSLT was acquired by Ventas, Inc.(NYSE - VTR) in June 2005. From August 2001 until April 2004, Mr. Copeland was a managing director of a private equity affiliate of Fortress Investment Group LLC (“Fortress”), a global alternative investment and asset management firm. Mr. Copeland has substantial experience in corporate and public finance, acquisitions and divestitures, and he was responsible for senior living and healthcare-related real estate and security investments for Fortress’ private equity funds. Mr. Copeland has served on several public and private company boards of directors and is a former member of the executive board of the American Seniors Housing Association. From February 1997 to December 1999, Mr. Copeland served as Executive Vice President, Chief Financial Officer and a director of Brookdale Living Communities, Inc. (formerly NASDAQ – BLCI, prior to it being taken private by Fortress in 2000, now Brookdale Senior Living - NYSE - BKD). From 1989 to 1997, Mr. Copeland was an investment banker with Donaldson, Lufkin & Jenrette Securities. Mr. Copeland received a B.S.E. in Biomedical Engineering from Duke University; an M.S. in Computer and Information Science from the New Jersey Institute of Technology; and an M.B.A., with distinction, from the Wharton School at the University of Pennsylvania.
Roque Santi, President & CFO
Mr. Santi serves as the President and CFO of Elderlife Financial Services. He is also President and Chief Financial Officer of ECC Capital Corporation and previously served as Executive Vice President and Chief Financial Officer until December 2006. Before joining ECC, Mr. Santi was a partner with Ernst & Young LLP, from May 2002 to November 2004, during which time he was in charge of Tax Financial Services for the Mid-Atlantic area and was the national tax leader for the Mortgage REIT practice. Prior to his tenure at Ernst & Young, Mr. Santi was a partner with Arthur Andersen LLP, from December 1993 to May 2002, during which time Mr. Santi led Arthur Andersen's Tax Financial Services practice for the Mid-Atlantic area and served a significant number of Arthur Andersen's public and private mortgage REIT clients. Mr. Santi has over 22 years of experience in the consumer finance industry. Throughout Mr. Santi's career, he has worked in many areas of the mortgage industry, including mortgage banking, securitization, REIT structuring and implementation, mortgage REIT modeling, transactions structuring and initial public offerings. Mr. Santi received a bachelor's degree in 1986 from Pace University.
James P. Fabiani
Prior to founding Fabiani & Company, Jim Fabiani was the Chairman and CEO of Cassidy & Associates, the country's largest Government Relations firm. Mr. Fabiani joined Cassidy & Associates as one of its initial employees. During his tenure, Cassidy & Associates grew from three employees to over 300 and from less than $1 million to over $60 million in annual revenue.
Mr. Fabiani's success in crafting and executing strategic plans for his clients is based upon the skill of his firm and his direct, professional experience as the Republican Staff Director of a U.S. House of Representatives Appropriations Subcommittee. In that capacity, he had responsibility for federal spending in annual appropriations in excess of $330 billion for all federal programs in the U.S. Department of Labor including all training programs; the U.S. Department of Health and Human Services including all federal biomedical research through the National Institutes of Health, and healthcare policies and procedures affecting hospitals, medical centers and medical insurance; and the U.S. Department of Education including education policy, all federal support for educational facilities development and educational technology.
Mr. Fabiani is a graduate of Harvard University where he also sits on the Harvard University Development Board. He is a graduate of Andover Phillips Academy where he is a member of the Academy's Development Board.
Mr. Fabiani has also served for many years on The World Board of Governors of the International USO, the U.S. Department of Defense’s civilian organization dedicated to the support of families of American military personnel worldwide.
Mr. Fabiani is Vice Chairman of the Trine University Board of Trustees.
Robert Dresing has been a transformational leader in business and in advocacy. In 1963, Mr. Dresing co-founded the first Ethan Allen Furniture store. In the early 1980s, he developed a chain of freestanding emergency medical clinics. From 1984 until 1994, Mr. Dresing served as President and CEO of the Cystic Fibrosis Foundation, leading the organization to unprecedented growth and scientific research success. In 1996, Mr. Dresing co-founded TheraCom, Inc., a full-service care provider of specialty, biotechnology and pharmaceutical products, which was acquired by AdvancePCS in 2001. After leaving in 2004, he co-founded Bethesda Partners, LLC.
Mr Dresing is a Member of the Health Services Advisory Council of Columbia University. He served on the board of directors of SupplyScape, a venture-backed company fighting to protect our nation's pharmaceutical industry from counterfeiting. Mr. Dresing has been a founder or member of some of the nation's leading health organizations including on a special advisory council to the former Director of the National Institutes of Health. Mr. Dresing was recognized by the Pharmaceutical Manufacturers Association (now PhRMA) for his leadership in the creation of patient assistance programs which allowed uninsured patients to receive access to free drugs.
Mark Hansan has always looked for ways to simplify complex problems and in some of the most difficult industries. Mr Hansan joined the Cystic Fibrosis Foundation in 1984 to work in the communications department of the nonprofit, but quickly rose through the ranks as he identified ways to help streamline the Foundation making it more efficient and effective in raising money for research. He eventually became the Executive Vice President / Chief Operating Officer in 1989. In 1994, Mr. Hansan co-founded two health service companies that led to the creation of TheraCom, Inc. in 1996. As President, Mr. Hansan led the company to be the first to offer pharmaceutical and biotechnology manufacturers integrated services for complex biotechnology specialty products. He became Chief Executive Officer in 1999 and led the company following the 2001 AdvancePCS acquisition until the 2004 purchase by Caremark, Inc., a Fortune 65 company. TheraCom remains a successful division of CVS/Caremark (NYSE: CVS). Mr. Hansan co-founded Bethesda Partners, LLC, an investment and consulting firm for health service companies, managing investments in health care and medical technology companies.