– USA, NY – Brixmor Property Group Inc. (NYSE: BRX) announced today the appointment of Sheryl M. Crosland, former Managing Director and Retail Sector Head at JP Morgan Investment Management, to the Company’s board of directors. Ms. Crosland takes the seat vacated by Jonathan D. Gray on November 11, 2016. With this change, eight of the nine Brixmor directors will be independent.
During her 30 year tenure at JP Morgan Investment Management’s Global Real Assets Group, Ms. Crosland grew the retail investment portfolio from less than $1 billion to over $11 billion and oversaw the firm’s investments in Edens Investment Trust LP and Donahue Schriber Realty Group, as well as various co-investments with multiple leading public and private retail property owners.
“We are very pleased to welcome Sheryl to our Board given her proven experience in direct investment in retail real estate, as well as her success in building great retail platforms,” said James Taylor, President and Chief Executive Officer. “Sheryl joins a Board comprised of highly engaged and talented directors with diverse, relevant backgrounds and a shared commitment to strong corporate governance.”
Mr. Taylor continued, “On behalf of the entire Brixmor team, I want to thank Jon for his sponsorship and dedication to our Company. Jon’s wisdom, foresight and leadership were essential to our becoming an industry leader in open air retail. We are incredibly grateful for his invaluable contributions.”
ABOUT BRIXMOR PROPERTY GROUP
Brixmor Property Group, a real estate investment trust (REIT), is a leading owner and operator of high-quality, open-air shopping centers. The Company’s more than 500 retail centers comprise 86 million square feet in market-dominant locations across the nation and are supported by a diverse mix of highly productive non-discretionary and value-oriented retailers, as well as service and entertainment users. Brixmor is committed to maximizing the value of its portfolio by prioritizing investments, cultivating relationships and capitalizing on embedded growth opportunities through driving rents, increasing occupancy and pursuing repositioning and redevelopment projects. Headquartered in New York City, Brixmor is a partner to more than 5,500 best-in-class national, regional and local tenants and is the largest landlord to The TJX Companies and The Kroger Company.
For more information : http://www.Brixmor.com
- Disclaimer - News, data and statement included in this release are intended exclusively for information purposes. Product and brand names used in this release maybe trademarks or registered trade marks of their respective owners. Talent4Boards accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the adequacy or accuracy of this release. No data or statement in this release should be considered a recommendation for the purchase, retention or sale of the securities referred to herein.
Comments are closed.