MPT GroupEdward K. Aldag, Jr., Chief Executive Officer of Medical Properties Trust, Inc., described his journey as an entrepreneur to students recently in the combined MBA and undergraduate capstone class “Strategic leadership through the eyes of the C-Suite.”

Aldag and two partners devised a strategy and created Medical Properties Trust “from scratch” just ten years ago. Today, the company has a market capitalization of nearly $2.3 billion and owns over 60 acute care health care facilities in 20 states and, as the result of a very recent acquisition, in Germany. The company purchases real estate used by health care operators and leases the premises back to the operators. The company also makes mortgage loans to its health care operators.

Mr. Aldag told students that less than one year before he was able to obtain financing for the new company, he had been turned down by over 100 venture capitalists. Less than two years later the company was listed on The New York Stock Exchange.

Medical Properties Trust is headquartered in Birmingham. The company’s lead independent director is former UAB School of Business dean Robert E. Holmes, Ph.D.

A group of students who had studied the strategy of Medical Properties Trust in depth made a presentation to Mr. Broughton and made several recommendations, one of which was that the company expand into other states and parts of the world with good demographics for acute health care facilities.

“Strategic leadership through the eyes of the C-Suite” is taught by School of Business professor Stephen Yoder, and features visits from CEOs of public or other large complex organizations who discuss their organizations’ strategies and how they are developed and implemented.