Chief Executive Officer
Richard J. Hutchinson
Mr. Hutchinson is the co-founder and Chief Executive Officer of Discovery Senior Living; a family of companies which include: Discovery Management Group, Discovery Development Group, Discovery Design Concepts, Discovery Marketing Group, TerraBella and Morada Divisions, and Discovery At Home, a Medicare-certified home healthcare company.
During his almost 30-year career, he has negotiated and closed more than $5 billion in equity and debt transactions, while establishing relationships with many of the industries’ key financiers, investors and operators.
Through Mr. Hutchinson’s leadership, the family of companies has achieved significant growth; more than tripling in size over the last five years and ranking amongst the top 10 operators in the country. His vision of developing a business culture of innovation, integrity and creativity, while being analytically driven, has pushed the company to the leading edge of the industry, redefining seniors housing along the way. The companies have been recognized for their exceptionalism and ingenuity and have received accolades and awards from numerous national organizations.
As an industry leader in seniors housing, Discovery Senior Living currently operates both National Brands and Regionals brands across the United States primarily throughout the Midwest, Mid-Atlantic, Southeast and Southern United States. The company has expanded to include an array of living options which include: senior apartments, independent living in both multi-apartment and villa environments, supervised independent living, personal care, assisted living and memory care. The successful and diverse rental portfolio features large luxury, resort-style campuses, state-of-the-art care communities, smaller village- inspired wellness and care communities and secured memory care neighborhoods.
He is actively involved in the following associations: Executive Board Member of the American Seniors Housing Association; Chairman of The Seniors Housing Political Action Committee; Member of the American Seniors Housing Association Strategic Planning Committee; The Florida Council of 100; Endicott College Board of Trustees, Chairman of the Academic Affair Committee, Member of the Compensation Committee; Chair of the Hutchinson Family Sports Foundation and a Member of the ALOIS Society of the Alzheimer’s Association
Mr. Hutchinson is married with two sons and served in the U.S. Army from 1986 to 1994 including a tour during Desert Storm. He graduated Summa Cum Laude from St. Leo College earning a Bachelor’s Degree in Accounting and is a former Certified Public Accountant.