Five Star Senior Living Inc. Announces the Appointment of Katie Potter as President and Chief Executive Officer Effective January 1, 2019

Current President and Chief Executive Officer, Bruce Mackey, is Retiring

Five Star Senior Living Inc. FVE today announced that Katherine E. Potter, age 42, has been appointed as President and Chief Executive Officer, effective January 1, 2019.

Ms. Potter has been with Five Star since 2012 and currently serves as Executive Vice President and General Counsel. Prior to joining Five Star, Ms. Potter practiced law at Sullivan & Worcester LLP and Burns & Levinson LLP, where she focused on corporate law matters, including securities, mergers and acquisitions, corporate governance and other transactional matters. Ms. Potter earned a BA in Government and Politics from the University of Maryland, a Law Degree from Syracuse University and a LL.M. in Banking and Financial Law from Boston University.

Ms. Potter succeeds Bruce J. Mackey Jr., who is stepping down as President and Chief Executive Officer effective December 31, 2018. To ensure a smooth transition, Mr. Mackey's retirement agreement provides that he will remain a non-officer employee of Five Star until December 31, 2019. Mr. Mackey has been with Five Star since its founding in 2001 and has served as President and Chief Executive Officer since 2008. The Five Star Board of Directors is grateful for his many years of service to the company.

About Five Star Senior Living

Five Star Senior Living Inc. is a senior living and healthcare services company that owns, leases and manages over 280 senior living communities, including Independent Living, Assisted Living, Alzheimer's/Memory Care, and Healthcare Centers with Skilled Nursing & Rehabilitation and Continuing Care Retirement Communities throughout the U.S. FVE is headquartered in Newton, Massachusetts.

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