Last month, Healthcare Realty Trust announced a leadership succession plan as company founder David Emery transitions to the role of executive chairman, and Todd Meredith takes over as president and CEO on Dec. 30, 2016.

Meredith has been with the company for 15 years and is currently executive vice president of investments. Emery, who founded the company in 1992, plans to serve in his new role for a period of five years. Healthcare Realty owns or manages investments worth more than $3 billion in 30 states.

Word of Meredith’s appointment came less than two weeks after the company said longtime CFO Scott Holmes would be handing over that role to Kris Douglas.