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The Aspenwood Company Appoints Purchal Chief Financial Officer

June 17, 2024

HOUSTON, TX — The Aspenwood Company has announced the appointment of Terry Purchal as Chief Financial Officer. He brings a track record of extensive experience in senior living, healthcare, diversified private equity, and banking. He was previously CFO for The Legacy Senior Communities.

As The Aspenwood Company has expanded its operational portfolio by more than 63% in Q1 2024, Purchal oversees all financial operations, including budgeting, forecasting, and financial reporting.

“We are thrilled to welcome Terry as our new Chief Financial Officer,” said The Aspenwood Company President Heather Tussing in a press release. “His extensive experience and proven strengths in financial management and strategic planning will be instrumental in continuing our company’s growth and ensuring success in providing exceptional experiences to the residents who call our communities home.”

“I am honored to join The Aspenwood Company and look forward to contributing to its mission of providing excellence in service,” said Purchal. “I am excited to work with such a dedicated team and to leverage my experience to help drive the company’s overall success and enhance community operations.”

ALSO: The Aspenwood Company Management Adds Four Senior Retirement Communities in North Texas

Through its recent acquisitions in Houston and the greater Dallas area, along with the opening of The Village on Morehead in Charlotte, North Carolina, The Aspenwood Company has added more than 980 units as part of its strategic growth plan for 2024.

The Aspenwood Company is a Houston-based senior living hospitality firm providing independent-living, assisted-living, and memory-care services. The company currently operates 20 communities across Texas, Arkansas, and North Carolina, with an upcoming expansion slated for a new community in Nashville, Tennessee, in early 2025. The Aspenwood Company was included in the 2023 Best Workplaces for Aging Services in the United States, making it four consecutive years on this list.



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