On April 13, 2012, the Board of Directors of CNL Healthcare Trust, Inc. accepted the resignation of Robert A. Bourne as Vice Chairman of the Board, Director and Treasurer of the Company effective immediately. On the same date, the Board appointed with immediate effect Thomas K. Sittema as its Vice Chairman of the Board and Director and accepted Mr. Sittema's resignation as Chief Executive Officer of the Company. Also on April 13, 2012, the Board appointed with immediate effect Stephen H. Mauldin as the Company's Chief Executive Officer and accepted Mr. Mauldin's resignation as Chief Operating Officer, which position was left unfilled. Mr. Mauldin will retain his title as President of the Company. On the same date, the Board appointed Joseph T. Johnson as Treasurer of the Company with immediate effect. Mr. Johnson will retain his titles as Senior Vice President and Chief Financial Officer of the Company. Also on April 13, 2012, the Board accepted the resignation of Robert J. Woody as an independent director of the Company with immediate effect; increased the number of directors of the Company to six and appointed with immediate effect Michael P. Haggerty and J. Douglas Holladay as independent directors of the Company and Mr. Haggerty as a member of the Board's Audit Committee.