American Retirement Corporation Receives Second Tennessee American Business Ethics Award.NASHVILLE, Tenn. -- American Retirement Corporation (NYSE NYSE See: New York Stock Exchange :ACR See riser card. ) a leading national provider of senior living housing and care, was presented the Tennessee American Business Ethics business ethics, the study and evaluation of decision making by businesses according to moral concepts and judgments. Ethical questions range from practical, narrowly defined issues, such as a company's obligation to be honest with its customers, to broader social Award in the large company category for the second consecutive year. The Tennessee American Business Ethics Award recognizes U.S. companies who exemplify high standards of ethical behavior in their everyday business conduct and in response to specific crises or challenges. Established in 2002 by the Tennessee Chapter of the Society of Financial Service Professionals, this award program embodies the Society's 75-year advancement of sound business ethics in insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . The recipients are selected by an independent panel of business, academia and ethics professionals, and move up to a national competition. Bill Sheriff, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of American Retirement, commented, "We feel privileged to receive this award for the second year in a row. Our mission statement includes that we strive to "maintain the highest professional and ethical standards." We emphasize that philosophy from an associate's first day on the job. Without it we believe we will not fulfill the rest of our mission which is to enhance the dignity and quality of life for older Americans. We applaud the Society's initiative to recognize good practice in the field and appreciate being included again this year." COMPANY PROFILE American Retirement Corporation is a national senior living and health care services provider offering a broad range of care and services to seniors, including independent living, assisted living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. , skilled nursing and Alzheimer's care. Established in 1978, the Company believes that it is a leader in the operations and management of senior living communities, including independent living communities, continuing care continuing care a professional convention that a veterinarian who is treating an animal is obliged to continue treating that case unless an arrangement is made with its custodian to transfer the care to another practitioner or to a specialist. retirement communities, free-standing assisted living communities, and the development of specialized care programs for residents with Alzheimer's and other forms of dementia. The Company's operating philosophy is to enhance the lives of seniors by striving to provide the highest quality of care and services in well-operated communities designed to improve and protect the quality of life, independence, personal freedom, privacy, spirit, and dignity of its residents. The Company currently operates 67 senior living communities in 14 states, with an aggregate unit capacity of approximately 13,300 units and resident capacity of approximately 14,900. The Company owns 17 communities, leases 44 communities, and manages six communities pursuant to management agreements. The Company is publicly traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . |
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