Watermark Retirement Communities Executive and Leadership Team

May, 2026

Leadership Overview

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

Driven by a commitment to exceptional senior living, Watermark Retirement Communities focuses on providing independent living and skilled nursing services across its facilities, fostering a philosophy of resident-centered care and community engagement.

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 - Karen Mlawsky
  • Chief Administrative Officer (CAO) - Sheila Donahoe
  • Paul Boethel - Chief Executive Officer

    Paul Boethel, the Chief Executive Officer at Watermark Retirement Communities, directs the overarching corporate strategy and long-term vision for the organization. Boethel's leadership guides the expansion and operational excellence of independent living and skilled nursing facilities. Overseeing all major strategic initiatives, the Chief Executive Officer ensures alignment with the company's mission of providing high-quality senior care. This executive role involves fostering innovation in resident services and maintaining strong relationships with stakeholders across the United States. By driving strategic partnerships and market positioning, Paul Boethel significantly influences the company's growth trajectory and its reputation within the senior living sector. The Chief Executive Officer's focus remains on enhancing operational efficiency and resident satisfaction across all communities.
    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's mandate includes driving growth and ensuring the highest standards of care across all retirement communities. This leadership position involves overseeing the integration of new facilities and enhancing existing service offerings, including independent living and skilled nursing. The President & Chief Executive Officer works closely with the executive team to implement innovative programs that benefit residents. By championing a culture of excellence, Sharon Sanford ensures that Watermark Retirement Communities remains a leader in the senior living industry. Sanford's strategic oversight extends to market expansion and operational efficiency, solidifying the company's commitment to its residents and their families.

    Tom Penna - Chief Financial Officer

    Tom Penna, the Chief Financial Officer at Watermark Retirement Communities, manages all financial operations and fiscal strategy for the organization. Penna's responsibilities encompass budgeting, financial planning, and investment management to support the company's growth in independent living and skilled nursing services. Overseeing the financial health of the enterprise, the Chief Financial Officer ensures robust fiscal controls and drives profitability. This role involves close collaboration with other C-suite executives to allocate resources effectively and identify new investment opportunities. By maintaining strong financial discipline, Tom Penna safeguards the company's assets and supports its long-term sustainability. Penna's expertise is critical in navigating the financial landscape of the senior care sector.

    Karen Mlawsky - Chief Operating Officer

    Karen Mlawsky, the Chief Operating Officer at Watermark Retirement Communities, directs the day-to-day operations and service delivery across all facilities. Mlawsky's focus is on optimizing the efficiency and quality of independent living and skilled nursing services, ensuring resident satisfaction and operational excellence. Overseeing the implementation of best practices, the Chief Operating Officer drives operational improvements and manages cross-functional teams. This executive position involves ensuring seamless integration of new communities and maintaining high standards of care. By enhancing operational workflows, Karen Mlawsky contributes directly to the company's reputation for reliable and compassionate senior living. Mlawsky's leadership ensures that all communities function effectively to meet resident needs.

    Sheila Donahoe - Chief Administrative Officer (CAO)

    Sheila Donahoe, the Chief Administrative Officer (CAO) at Watermark Retirement Communities, oversees critical administrative functions that support the company's operational framework. Donahoe's purview includes human resources, legal compliance, and corporate governance, ensuring smooth operations for independent living and skilled nursing services. Managing key support departments, the Chief Administrative Officer (CAO) facilitates efficient business processes and fosters a positive organizational culture. This role is vital for maintaining regulatory adherence and supporting strategic initiatives across the organization. By streamlining administrative processes, Sheila Donahoe enhances the overall effectiveness and stability of Watermark Retirement Communities. Donahoe's contributions are essential for the company's sustained success and compliance.
    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).