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Saturday, June 22, 2024

Charlotte’s Aldersgate names interim CEO

An executive with more than 30 years experience in helping organizations turn around their performance has been named interim chief executive officer of Charlotte’s Aldersgate retirement community.

David Middleton became the leader of the struggling senior living center last week. He replaced Suzanne Pugh, who left her post last month after 27 years at the institution, including the past 12 years as its leader.

“I am pleased to help lead Aldersgate through this time of transition by following through on our commitments, building on Aldersgate’s historical legacy, and ensuring a sustainable future for our wonderful residents,” said Middleton in an email to Business North Carolina.

David Middleton

In a document sent to bondholders, Aldersgate said Middleton “has served in interim executive assignments and nonprofit consulting and is noted for helping organizations who need clear vision, focus, and communication skills during transition.”

Middleton is currently a consultant to the board of Tosco Music in Charlotte. He also served as interim executive director of Mustard Seed Community Health in Greensboro from May 2023 to October 2023.

Before that, Middleton was interim executive director of the Carolina Raptor Center in Huntersville from April 2022 to October 2022. He also served as vice president of YourOffice USA, a national franchisor of serviced office centers and resources based in Orlando, for 11 years.

Middleton holds a bachelor’s degree from Wake Forest University, where he was student body president.

Aldersgate includes 346 independent and assisted living residences, 125 skilled nursing beds, and 61 memory support units. Newcomers pay entrance fees ranging from about $103,400 to nearly $630,000, with monthly fees of about $2,200 to $6,000.

Business North Carolina’s February edition included an in-depth story on the challenges facing Aldersgate.

Chris Roush
Chris Roush
Chris Roush is executive editor of Business North Carolina. He can be reached at croush@businessnc.com.

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