Stella Maris Executive and Leadership Team

July, 2026

Leadership Overview

Stella Maris has 5 executives leading key functions including strategy, finance, operations, and governance.

Dedicated to providing exceptional elderly care, Stella Maris operates as a non-profit long-term care facility sponsored by the Sisters of Mercy, impacting the Maryland community through comprehensive health and residential services.

Leadership Roles at Stella Maris

  • Co-Founder & Chief Executive Officer - Assaf Levy
  • Chief Financial Officer - Carol Martin
  • Chief Financial Officer & Senior VP, Amp, Finance - Stephen Stinnette
  • President (Co) & Board of Directors - Keith Karakul
  • President - Ray Butch
  • Assaf Levy - Co-Founder & Chief Executive Officer

    Assaf Levy, the Co-Founder & Chief Executive Officer at Stella Maris, directs the overarching strategy and operational framework for the non-profit long-term care facility. Levy's leadership ensures the organization upholds its mission of providing comprehensive health and residential services for elderly care, aligning with the sponsorship of the Sisters of Mercy and affiliation with Mercy Health Services. This executive guides the strategic vision, focusing on maintaining and enhancing the facility's reputation as a top-tier provider in Maryland. Levy oversees the integration of clinical care, residential living, and administrative functions to deliver a holistic experience for residents. The Chief Executive Officer's role involves fostering a culture of compassion and excellence, driving initiatives that support resident well-being and long-term health outcomes. Assaf Levy is pivotal in navigating the complexities of the healthcare sector, ensuring Stella Maris remains at the forefront of elderly care innovation and service delivery.

    Carol Martin - Chief Financial Officer

    Carol Martin, the Chief Financial Officer at Stella Maris, manages the organization's financial health and strategic fiscal planning. Martin oversees all financial operations, including budgeting, accounting, and financial reporting, ensuring compliance with non-profit regulations and healthcare industry standards. This role is critical in supporting the long-term sustainability of Stella Maris's health and residential services for elderly care. The Chief Financial Officer works closely with other leaders to allocate resources effectively, supporting initiatives that enhance resident care and facility operations. Martin's financial acumen is essential for maintaining the facility's status as a leading nursing home in Maryland. By optimizing financial performance, Carol Martin directly contributes to the organization's ability to provide compassionate and high-quality care. This executive's responsibilities extend to managing investments and ensuring the financial integrity of the sponsorship by the Sisters of Mercy.
    Carol Martin

    Stephen Stinnette - Chief Financial Officer & Senior VP, Amp, Finance

    Stephen Stinnette, the Chief Financial Officer & Senior VP, Amp, Finance at Stella Maris, directs comprehensive financial strategies and oversees critical finance functions. Stinnette's dual role encompasses managing the organization's fiscal health and driving financial performance improvements across all departments. This executive ensures robust financial planning and analysis to support the delivery of long-term care and nursing services for the elderly. The Chief Financial Officer & Senior VP, Amp, Finance is instrumental in optimizing resource allocation, supporting operational efficiency, and maintaining the financial stability necessary for Stella Maris to excel as a premier facility in Maryland. Stinnette's leadership in finance directly impacts the organization's capacity to uphold its mission and the standards set by the Sisters of Mercy. Stephen Stinnette's expertise is vital for navigating the financial landscape of healthcare, ensuring sustained excellence in resident care and facility management.
    Stephen Stinnette

    Keith Karakul - President (Co) & Board of Directors

    Keith Karakul, the President (Co) & Board of Directors at Stella Maris, provides strategic oversight and governance for the non-profit long-term care facility. Karakul's leadership ensures alignment with the organization's mission to deliver exceptional health and residential services for elderly care, guided by the principles of the Sisters of Mercy. This role involves collaborating with the Board of Directors to set long-term objectives and ensure the facility's continued success and reputation in Maryland. The President (Co) & Board of Directors champions the organization's commitment to quality care and operational excellence. Keith Karakul's involvement is crucial in maintaining the high standards expected of a leading nursing home, focusing on strategic growth and resident well-being. This executive's guidance supports the integration of services and the overall strategic direction of Stella Maris.

    Ray Butch - President

    Ray Butch, the President at Stella Maris, leads the operational execution and strategic initiatives for the long-term care and nursing home facility. Butch's leadership focuses on ensuring the seamless delivery of health and residential services to elderly residents, upholding the standards sponsored by the Sisters of Mercy. This executive drives operational excellence, aiming to maintain Stella Maris's standing as one of Maryland's best facilities. The President oversees the day-to-day management, ensuring that all departments function cohesively to provide compassionate and high-quality care. Ray Butch's role is critical in translating strategic goals into tangible outcomes, enhancing resident satisfaction and facility performance. This leadership position is key to the organization's commitment to providing a supportive and nurturing environment for all residents.
    Ray Butch

    Explore Leadership Teams in Elderly Care Services

    Frequently Asked Questions Regarding Stella Maris Top Executives and Leadership Team

    Who leads Stella Maris?
    Stella Maris is led by Assaf Levy (Co-Founder & Chief Executive Officer), along with executives such as Carol Martin (Chief Financial Officer) and Stephen Stinnette (Chief Financial Officer & Senior VP, Amp, Finance).
    Who is part of Stella Maris’s executive team?
    The executive team of Stella Maris includes leaders such as Assaf Levy (Co-Founder & Chief Executive Officer), Carol Martin (Chief Financial Officer), Stephen Stinnette (Chief Financial Officer & Senior VP, Amp, Finance) and other senior executives.
    How many executives does Stella Maris have?
    Stella Maris has 5 executives leading key business areas.
    What roles are included in Stella Maris’s leadership team?
    The leadership team of Stella Maris includes roles such as Co-Founder & Chief Executive Officer, Chief Financial Officer, Chief Financial Officer & Senior VP, Amp, Finance, President (Co) & Board of Directors, President.