GlobeNewswire Inc | Jan 14, 2021 08:00AM EST

January 14, 2021

DALLAS, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Capital Senior Living Corporation (the Company or Capital Senior Living) (NYSE: CSU), one of the nations leading senior living companies,announced the appointment of JayReedasVice President of Information Technology.

Reedbrings extensive expertise in IT operations leadership.Heis acreative technology leader with a proven track record in the hospitality, real estate, and restaurant industries allof which share keycharacteristicswith senior living.AtCapital Senior Living, Reed will drive the overall IT strategy and lead all IT departments, including network development, security,systemsand desktop support.

Throughout hiscareer, Reed has delivered a full spectrum of solutions that leverage the latest technology while emphasizing cross functional collaboration,automationand consolidation to simplify operations and meet business goals.

His past career highlights includeusingcloud-based and agile technologiesto create scalable strategies for growth, building and leading service-focused teams,increasing ROIwith a balanced approach to staffing and outsourcinganddeveloping internal policies to improvegovernance,privacyandcybersecurity.

In his most recent position as a Partner at CIO Suite, a management consulting firm in Dallas, Jay provided professional consultation as an IT Advisor and Fractional CIO to clients.There, he supported several clients in the hospitality industry setting up IT support infrastructure and performing in-depth market analyses.

As Executive Vice President and Chief Information Officer at Aimbridge Hospitality, Reedpartnered with the IT Steering Committee to develop the One Solution strategy that improved operationalandcostefficiency acrossfinancial management, procurement, sales and lead management, business intelligence, and corporate communications.

Notably, he delivered a lead management solution on schedule adding over $3 million in sales within the first year.Reed also led the introduction of an automated revenue capture system that reduced staffing and improved the timing and accuracy of revenue feeds from 800 hotels across 15 different hotel brands.

Earlier in his career, Reed heldseveral seniortechnology roles where he spearheaded initiatives thatapplied innovative technology solutions toimpact positiveorganizational and operationalchange.

Jay bringsan idealcombination ofleadership experience andbusiness acumentoourteam. He hasdemonstrated hisability to usetechnology to improve business processes and programsin fields highly related to senior living a skillsetwhich willsupportourcompanyas we move into thethird year of our strategic plan, focused on efficiency and growth,said Kimberly S. Lody,President and CEO.

Reedreceived his bachelors degree in finance and data processing and analysis from the University of Texas at Austin and his MBA from Southern Methodist Universitys Cox School of Business. Reed currentlyliveswith his family in Dallas, TX.

About Capital Senior Living

Dallas-based Capital Senior Living Corporation is one of the nations leading operators of independent living, assisted living and memory care communities for senior adults. The Company operates 100 communities that are home to nearly 9,000 residents across 22 states providing compassionate, resident-centric services and care and engaging programming. The Company offers seniors the freedom and opportunity to successfully, comfortably and happily age in place. For more information, visit www.capitalsenior.com or connect with the Company on Facebook.

For more information, contact:Kimberly Lody (972) 308-8323klody@capitalsenior.com