Sunrise Senior Living has promoted Julie Pangelinan, currently chief accounting officer, to chief financial officer. Pangelinan will assume the role from current CFO Richard Nadeau, who will be terminated effective on or before June 15.

Sunrise announced that the move is part of its efforts to reduce overhead spending and become a leaner organization.

Pangelinan joined Sunrise as chief accounting officer in April 2006. Prior to joining Sunrise, Pangelinan worked for Marriott International, most recently serving as vice president of accounting policy.