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Weinberg Campus names its CFO as its new chief executive

The Weinberg Campus board of directors has named its chief financial officer, Robert T. Mayer, as its president and CEO.

Mayer replaces David Dunkelman, who retired in February after 30 years in the top job at the 100-acre senior living community in Getzville that is marketing itself to potential buyers.

Mayer has served as vice president of finance and chief financial officer at Weinberg since 1995.

In a statement announcing Mayer’s hiring, Weinberg officials said he helped to come up with ways to diversify the institution’s reimbursement sources by reducing its reliance on government funding. The strategies included establishing new facilities and services.

Mayer, who has a bachelor’s degree from Canisius College and an MBA from the University of Rochester, takes over as Weinberg soon must make decisions about its future.

The institution in January hired an investment firm to help it weigh options up to and including the sale of the entire property, citing financial losses and trends in the healthcare industry.

Officials said at the time the campus would remain open no matter which strategy they chose to pursue. Weinberg has a $33 million operating budget, about 500 employees and about 750 residents and clients.