Sunrise Senior Living has promoted Julie Pangelinan, currently chief accounting officer, to chief financial officer. Pangelinan will assume the role from current CFO Richard Nadeau, who will be terminated effective on or before June 15.

Sunrise announced that the move is part of its efforts to reduce overhead spending and become a leaner organization.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...