Katie Potter, Founder & CEO of Five Star Senior Living

Katie E. Potter

Advisor, Alerislife

Katie Potter is currently an advisor to AlerisLife. Previously, Ms. Potter was the President and Chief Executive Officer of Five Star Senior Living (Nasdaq: FVE), headquartered in Newton, Massachusetts. Ms. Potter led a team of progressive, purpose-driven professionals on a mission to enrich and inspire the journey of life for older adults, one experience at a time.  

A provider of senior living management and rehabilitation and wellness services to over 20,000 older adults, Five Star, in April 2021 announced a three-pronged strategy to “Reposition, Evolve and Diversify,” starting with repositioning its senior living management services to focus on larger, higher-performing independent living, assisted living and memory care communities. Going forward, Ms. Potter announced, Five Star will build on its strengths operating larger senior living communities and stand-alone active adult and independent living communities while continuing to evolve its choice-based, financially flexible rehabilitation and wellness services offerings to meet the changing needs and preferences of older adults. Under Ms. Potter’s leadership, Five Star’s rehabilitation and wellness services division, Ageility Physical Therapy Solutions™, or Ageility, has transformed into a growing fitness and lifestyle brand for older adults within Five Star communities as well as for external customers.

Reaching outside of Five Star, Ms. Potter has established strategic partnerships to both enhance the resident experience and transform the narrative around aging. 

Five Star joined the Massachusetts Institute of Technology (MIT) AgeLab C3 Connected Home Logistics Consortium, which conducts research to envision the development of novel and evolving home services and serves as a catalyst for organizations seeking to develop them. The company also partners with the AgeLab’s OMEGA initiative designed to foster multigenerational connections between high school students and older adults. 

Ms. Potter also led Five Star to partner with Aging2.0, a global, interdisciplinary and intergenerational community striving to accelerate innovation to address the biggest challenges and opportunities in aging. Five Star was a founding sponsor of Revolution, the Boston Aging2.0 conference. 

Ms. Potter serves on the executive committee for Argentum, the U.S. senior living industry’s leading trade association, and is an executive board member of the American Seniors Housing Association (ASHA). She also is a member of the board of directors for the National Senior Games Association, for which Five Star has served as a sponsor since 2019. In July 2020, she was inducted into the McKnight’s Women of Distinction Hall of Honor, recognizing executive-level women who have made significant contributions to the senior living profession. In December 2020, she was recognized as a top Influencer in Senior Housing Real Estate by the GlobeSt. Real Estate Forum. 

Prior to becoming CEO, Ms. Potter served as Five Star’s Executive Vice President and General Counsel. Before joining Five Star in 2012, she practiced law in Boston at Sullivan & Worcester LLP and Burns & Levinson LLP, where she focused on corporate law, including securities, mergers and acquisitions, corporate governance and other transactional matters. 

After earning a Bachelor of Arts in Government and Politics from the University of Maryland at College Park, Ms. Potter went on to receive a Juris Doctor from Syracuse University College of Law and a Master of Laws in Banking and Financial Law from Boston University Law School.

Connect on LinkedIn.

Fall 2021- Dean’s Distinguished Lecture