Laguna Hills, Calif.-based Summit Healthcare REIT has promoted CFO Elizabeth Pagliarini to the role of CEO, the company announced on Tuesday.

Pagliarini took on the role as of July 15, Summit’s Board of Directors said in a press release. The role was previously filled by Kent Eikanas, who resigned from his position on July 14, according to an 8-K filing with the U.S. Securities and Exchange Commission (SEC).

Eikanas failed to “cure various deficiencies in his performance” following a 60-day period, according to the SEC filing. On June 5, Eikanas also filed a claim against Summit in the Superior Court of California for, among other things, wrongful termination.

Per the terms of his employment agreement, when Eikanas was terminated, he was also deemed to have resigned as of the termination date from his position as CEO and its subsidiaries, along with the Board or any boards of directors or managers of Summit’s subsidiaries and affiliates, Summit said in the filing.

Prior to her promotion, Pagliarini served as CFO for Summit since September 2014, and added COO to her titles in August 2019. A strategic and visionary leader, according to Summit, Pagliarini brings a “breadth of experience and wealth of knowledge to her new role.

Sharyn Grant, former controller for Summit since 2015 and a certified public accountant (CPA), stepped into the CFO position after making “significant contributions” to Summit during her nine-year tenure, the company said in a statement.

“Over many years with Summit, both Liz and Sharyn have consistently performed at exceptionally high levels,” Steve Roush, Chairman of the Board for Summit, said in a statement. “Summit is confident that, collectively and individually, they will provide significant contributions to Summit’s growth and productivity.”

The publicly-traded real estate investment trust currently has a portfolio of 53 facilities across 14 states, and is focused on the seniors housing and care real estate market.