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101 West Goodwin
Suite 600
Victoria, TX 77901
361.576.0694
800.850.2620
Fax: 361.576.5484

Corporate Profile

Donald Kivowitz & Heber Lacerda
Victoria is the home of Regency Nursing & Rehabilitation Centers, Inc. Victoria occupies an area of 29.5 square miles along the Guadalupe River. It is 30 miles inland from the Gulf of Mexico and within a two-hour drive from Houston, San Antonio, Corpus Christi and Austin, four of the fastest growing cities in the United States. Victoria's economy has grown to become the regional hub for 176,200 people. It has also evolved into a service and supply center for heavy industry located nearby.

Regency Nursing & Rehabilitation Centers, Inc. founder and Chairman of the Board of Directors is Donald P. Kivowitz. Mr. Kivowitz graduated in 1968 from Parsons College in Fairfield, Iowa with a Bachelor of Science Degree In Business Administration. He was employed by NCH Corporation, a New York stock exchange company from 1969 through 1980. After leaving NCH Corporation, Mr. Kivowitz formed a group of companies that have been active in syndication, development and acquisition of real estate. In 1989, Mr. Kivowitz opened the company's first long-term care facility and has since opened fifteen additional facilities in Texas.

The Chief Executive Officer and President for Regency Nursing & Rehabilitation Centers, Inc. is Heber S. Lacerda. Mr. Lacerda holds two college degrees from Southwestern Adventist College in Keene, Texas. He obtained a Bachelor of Arts Degree in 1987 and a Bachelor of Business Administration Degree in 1988. Mr. Lacerda has been with Regency Nursing & Rehabilitation Centers, Inc. since 1988. After working in every level of operation, accounting and finance since joining the company, Mr. Lacerda was promoted President and Chief Operating Officer in December 1996. As a Certified Public Accountant with extensive expertise in the long-term healthcare profession, Mr. Lacerda has been a vital part of the success of Regency Nursing & Rehabilitation Centers, Inc. from its inception. Under the leadership of Mr. Kivowitz and Mr. Lacerda, Regency Nursing and Rehabilitation Centers, Inc. has become a sophisticated long-term health care management provider.

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