Marvin Plakut, President and CEO of Episcopal Homes, Announces Retirement

Posted on January 25, 2024 by Libbie Chapuran

After 25 years overseeing the development of senior housing along University Avenue and helping to spearhead its redevelopment, President and CEO Marvin Plakut will retire from Episcopal Homes on March 31.

Under Marvin’s tenure since 1999, Episcopal Homes has expanded significantly to meet a growing need for senior housing in St. Paul. The 130-year-old nonprofit organization has added seven facilities with more than 400 units, including 256 affordable apartments.

Most significantly, Marvin has overseen the development of its core campus at University and Fairview Avenues, providing a continuum of care from market-rate to affordable housing and from independent and assisted living to transitional care and skilled nursing and memory care. Hallmarks of the central campus include two chapels, a wellness program, a pub, a gym, a therapy pool, and Kinder Village, a daycare where residents interact with employees and neighborhood children.

The Episcopal Homes Board of Directors has named Tom Henry, chief of strategy and financial officer, its next president and CEO. Henry joined Episcopal Homes in 2015 and has overseen all aspects of financial operations and been the principal architect of many key initiatives for the $40-million nonprofit provider of senior housing.

Before joining Episcopal Homes, Henry was a business consultant and mental health practitioner. He received his bachelor’s degree summa cum laude in interdisciplinary studies with emphases in social work and business administration from the University of Wisconsin–Superior. He also holds a master’s degree in public policy from the Hubert H. Humphrey School of Public Affairs at the University of Minnesota, with concentrations in healthcare policy and nonprofit management.

Founded in 1894, Episcopal Homes is building community and enriching the lives of older adults through senior communities that offer a continuum of housing options, services, and affordability. Episcopal Homes has nine locations in the heart of Saint Paul, with its central Midway campus conveniently located along the METRO Green Line. Whether a resident is seeking the comforts of a peaceful senior community or the reassurance of 24-hour nursing care, Episcopal Homes can meet those needs. For more information, visit episcopalhomes.org.

Marvin has been an active member of LeadingAge Minnesota throughout his career. LeadingAge Minnesota thanks Marvin for his many contributions to the Association, the sector, and the countless seniors he impacted. We also congratulate Tom Henry as he steps into his new role.