Watermark Retirement Communities Executive and Leadership Team

June, 2026

Leadership Overview

Watermark Retirement Communities has 5 executives leading key functions including strategy, finance, operations, administration, and market development.

Driven by a commitment to exceptional senior living, Watermark Retirement Communities provides comprehensive independent living and skilled nursing services, fostering vibrant communities and ensuring resident well-being.

Leadership Roles at Watermark Retirement Communities

  • Chief Executive Officer - Paul Boethel
  • President & Chief Executive Officer - Sharon Sanford
  • Chief Financial Officer - Tom Penna
  • Chief Operating Officer - Jeffrey Slichta
  • Chief Administrative Officer (CAO) - Sheila Donahoe
  • Paul Boethel - Chief Executive Officer

    Paul Boethel, the Chief Executive Officer at Watermark Retirement Communities, directs the overarching strategy and vision for the organization. Boethel guides the company's expansion and operational excellence, ensuring alignment with its mission of providing high-quality independent living and skilled nursing services. Overseeing all major corporate initiatives, the Chief Executive Officer drives innovation in resident care and community development. This leadership position involves fostering a culture of service and continuous improvement across all facilities. By focusing on sustainable growth and resident satisfaction, Paul Boethel ensures the long-term success and market leadership of Watermark Retirement Communities. The Chief Executive Officer's role is critical in shaping the future of senior living offerings.
    Paul Boethel

    Sharon Sanford - President & Chief Executive Officer

    Sharon Sanford, the President & Chief Executive Officer at Watermark Retirement Communities, spearheads the company's strategic direction and operational execution. Sanford leads the organization in delivering exceptional independent living and skilled nursing services, focusing on enhancing resident well-being and community engagement. The President & Chief Executive Officer oversees all facets of the business, from strategic planning to day-to-day operations, ensuring a cohesive and effective approach. This executive role involves cultivating strong relationships with stakeholders and driving initiatives that support the company's growth and mission. By championing best practices in senior care, Sharon Sanford ensures Watermark Retirement Communities remains at the forefront of the industry. Sanford's leadership is pivotal in maintaining the company's reputation for excellence.

    Tom Penna - Chief Financial Officer

    Tom Penna, the Chief Financial Officer at Watermark Retirement Communities, manages all financial operations and fiscal strategy. Penna oversees budgeting, financial planning, and investment activities, ensuring the company's financial health and stability. The Chief Financial Officer plays a crucial role in resource allocation and risk management, supporting the delivery of independent living and skilled nursing services. This executive position involves developing financial models that drive operational efficiency and profitability across the organization. By providing critical financial insights, Tom Penna enables informed decision-making for strategic growth initiatives. Penna's expertise is vital for maintaining the company's robust financial standing and supporting its mission.

    Jeffrey Slichta - Chief Operating Officer

    Jeffrey Slichta, the Chief Operating Officer at Watermark Retirement Communities, directs the operational execution and service delivery across all facilities. Slichta oversees the day-to-day management of independent living and skilled nursing operations, ensuring high standards of care and resident satisfaction. The Chief Operating Officer is responsible for optimizing operational workflows and implementing best practices to enhance efficiency and service quality. This leadership role involves managing cross-functional teams to achieve organizational objectives and drive continuous improvement. By focusing on operational excellence, Jeffrey Slichta ensures the seamless delivery of services that define Watermark Retirement Communities. Slichta's leadership is key to maintaining the company's reputation for quality.
    Jeffrey Slichta

    Sheila Donahoe - Chief Administrative Officer (CAO)

    Sheila Donahoe, the Chief Administrative Officer (CAO) at Watermark Retirement Communities, oversees critical administrative functions and organizational support systems. Donahoe manages human resources, legal affairs, and corporate compliance, ensuring smooth operations and adherence to regulatory standards. The Chief Administrative Officer (CAO) plays a vital role in developing policies and procedures that support the company's mission of providing exceptional independent living and skilled nursing services. This executive position involves fostering a positive work environment and ensuring efficient administrative processes across the organization. By streamlining administrative functions, Sheila Donahoe contributes significantly to the overall effectiveness and stability of Watermark Retirement Communities. Donahoe's oversight is essential for operational integrity.
    Sheila Donahoe

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    Frequently Asked Questions Regarding Watermark Retirement Communities Top Executives and Leadership Team

    Who leads Watermark Retirement Communities?
    Watermark Retirement Communities is led by Paul Boethel (Chief Executive Officer), along with executives such as Sharon Sanford (President & Chief Executive Officer) and Tom Penna (Chief Financial Officer).
    Who is part of Watermark Retirement Communities’s executive team?
    The executive team of Watermark Retirement Communities includes leaders such as Paul Boethel (Chief Executive Officer), Sharon Sanford (President & Chief Executive Officer), Tom Penna (Chief Financial Officer) and other senior executives.
    How many executives does Watermark Retirement Communities have?
    Watermark Retirement Communities has 5 executives leading key business areas.
    What roles are included in Watermark Retirement Communities’s leadership team?
    The leadership team of Watermark Retirement Communities includes roles such as Chief Executive Officer, President & Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Chief Administrative Officer (CAO).