Foulkeways announces with great pleasure our search and selection process is complete and we have hired, Phil DeBaun, our new CEO, to take Mike Peasley, our current CEO’s place who will be retiring in May. Phil is currently CEO of the Kendal-Crosslands communities, a Quaker retirement community.
Phil’s qualifications for this position are impressive. He graduated from Swarthmore College with a degree in Economics. His career began as a loan officer in a commercial bank where he specialized in loans to retirement communities. Next, he was CEO of the Crosslands community for thirteen years during the period when the Kendal and Crosslands were operated as two separate communities. In 2013, the Kendal Corporation combined Kendal and Crosslands, and Phil was asked to become CEO of the combined entity, a position he has held until the present.
Phil has extensive experience with the operation, the process, and values of a Quaker CCRC. We feel confident that we are moving forward with a new leader who will help us build on Foulkeways strengths. And, at the same time, a leader who will be appreciative and respectful of the unique culture and traditions that make this community the treasure that we all cherish.
Foulkeways has had five very successful years under Mike’s sensitive and capable leadership. He is turning that leadership over at a time when the community is strong and the trends are favorable.
Phil DeBaun is due to start in June upon Mike Peasley’s retirement.
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