Choice Properties President and CEO, John Morrison, to Retire

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[{"type":"text","content":"\n\n\n\nChoice Properties President and CEO, John Morrison, to Retire\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nChoice Properties President and CEO, John Morrison, to Retire\nCanada NewsWire\nTORONTO, June 20, 2016\n\n\n\nTORONTO, June 20, 2016 /CNW/ - Choice Properties Real Estate Investment Trust (\"Choice Properties\") (CHP-UN.TO) announced today that John R. Morrison, President and Chief Executive Officer, has decided to retire from the Company.  Mr. Morrison will remain in his role as President and Chief Executive Officer until transitioning to a successor, who will be appointed in the coming months.\n\nIn commenting on the announcement, Galen G. Weston, Chairman of Choice Properties, noted that \"John joined us in 2013 at the inception of Choice Properties and was instrumental in guiding the organization through a successful IPO, building a strong organization and leadership team, and delivering outstanding returns to unitholders over the last three years.  We were fortunate to have an executive of John's experience and skill to provide such a strong foundation for the future growth of Choice Properties, and he leaves with our gratitude and good wishes for the future.\"\n\nJohn Morrison added that \"It has been a privilege to work with an outstanding group of colleagues, both in Choice Properties and in the broader Loblaw group of companies, and to help lead the creation and early growth of one of Canada's premier REITs.  With this phase of Choice Properties' plans successfully completed, and with the business in great shape, I felt it was the right time to hand over leadership to the next CEO to guide future growth of the business.  I will remain fully committed and engaged in the business until the transition to my successor has been completed.\"\n\nThe Board of Trustees of Choice Properties has launched a comprehensive search to identify a successor for Mr. Morrison.  Further information will be provided at the appropriate time.\n\nAbout Choice Properties Real Estate Investment TrustChoice Properties Real Estate Investment Tru...

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