Choice Properties Real Estate Investment Trust Announces Planned Transition for Board of Trustees Chairman

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[{"type":"text","content":"\n\n\n\nChoice Properties Real Estate Investment Trust Announces Planned Transition for Board of Trustees Chairman\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, March 16, 2017\n\n\n\nGalen G. Weston to step down as Chairman of the Board of Trustees with Anthony R. Graham nominated to succeed him. \n\n\n\nTORONTO, March 16, 2017 /CNW/ - Choice Properties Real Estate Investment Trust (\"Choice Properties\" or the \"Trust\") (TSX: CHP.UN) announced that Galen G. Weston will be stepping down as Chairman of Choice Properties' Board of Trustees at the Trust's Annual Meeting of Unitholders (\"Annual Meeting\") to be held on Tuesday, April 25, 2017.  As part of the transition plan, the Board of Trustees intends to appoint Mr. Anthony Graham as Chairman following the Annual Meeting.  \n\nGalen G. Weston has served as Chairman of Choice Properties' Board since the Trust's initial public offering (\"IPO\") in 2013.  Mr. Weston will continue in his role as Chairman and Chief Executive Officer (\"CEO\") of George Weston Limited and Loblaw Companies Limited. \n\nAnthony R. Graham will stand for election at the Trust's upcoming Annual Meeting.  If elected, the Board intends to appoint Mr. Graham as Chairman following the meeting.  Mr. Graham is currently Vice Chairman of Wittington Investments, Limited, the controlling shareholder of George Weston. He has significant real estate knowledge and extensive executive and Board leadership experience, including his former directorships at George Weston and Loblaw. \n\nTrustee biographies, including that of Mr. Graham, are available in the Choice Properties Management Proxy Circular, which has been made available on the Trust's website at choicereit.ca and on SEDAR at sedar.com.  \n\n\"I would like to thank Galen for his strategic direction and oversight during Choice Properties' formative years. His pivotal role in shaping the Trust has helped to build a solid foundation for future growth and led to strong returns for Unitholders since ...

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