By Stephanie Lai
Nationwide Retail Properties Inc. mentioned Wednesday its present CEO will retire and promoted its working chief to the highest place beginning April 29.
Present Chief Govt and President Julian Whitehurst mentioned he’ll retire and step down as a member of the board of the true property funding belief.
Nationwide Retail’s board named Stephen Horn Jr., present govt vice chairman and chief working officer, to imagine the position of president and CEO. Mr. Horn has been in his present position since 2020.
“Steve understands our folks, technique, tradition, tenants and buyers,” Mr. Whitehurst mentioned in ready remarks. “He brings a long-term mindset, with a give attention to constant, regular per share progress and a dedication to our secure and rising dividend.”
Mr. Whitehurst had served as president since Might 2006. He was chief working officer between June 2004 and April 2017, when he ascended to the helm.
Mr. Horn was appointed govt vice chairman and chief acquisition officer in 2014. Previous to becoming a member of the corporate in 2003, he labored for A.G. Edwards & Sons, a mergers and acquisitions group in St. Louis.
Chairman Steve Cosler mentioned Mr. Horn was integral to the corporate’s progress and helped navigate the pandemic.
Write to Stephanie Lai at [email protected]