November 30, 2021
Braintree, Mass.-based Senior Living Residences (SLR) appointed Tadd Clelland as the company’s new president and CEO. Clelland joined SLR in 2005 and has served as Partner since 2007 overseeing all aspects of operations for the firm’s portfolio of 17 communities across New England, valued at over $200 million.
He is poised to lead the organization forward with a plan for controlled growth in partnership with a New England based development group and several national institutional investors. SLR anticipates expanding its portfolio significantly over the next decade. The company will bring on its 18th community in Connecticut next month.
Former President Robert Larkin founded SLR in 1990. With a vision for bringing assisted living to Massachusetts, Larkin worked with government officials to draft the legislation and regulations establishing the industry in the state. He will remain actively involved in the company as Managing Partner & General Counsel.
“For 25 years my focus has been to shape assisted living operations to enhance residents’ quality of life and create a positive work culture for our employees. I was fortunate to find an organization and a partner, Robert Larkin, that shared my values. Being a part of SLR has provided me the ability to innovate and develop a company culture that has put us at the forefront of our industry,” remarked Clelland.
Beginning with a single community, SLR is now an owner/manager of a portfolio featuring independent living, assisted living and SLR’s proprietary Compass Memory Support Neighborhoods®. SLR’s team of 1600 associates deliver compassionate professional care to thousands of seniors daily.
Clelland said, “I am excited about our plans for SLR’s future. We are fully committed to pushing the envelope with innovation and growing our company while maintaining our unique identity – leaders in the assisted living industry for 30+ years driven by our ‘Right Values’”.