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Crombie REIT Announces Organizational and Leadership Changes

Crombie REIT Announces Organizational and Leadership Changes Canada NewsWire NEW...

articleCrombie Real Estate Investment TrustNovember 15, 20183/company/crombie-real-estate-investment-trust-1/news/crombie-reit-announces-organizational-and-leadership-changes
Crombie REIT Announces Organizational and Leadership Changes

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[{"type":"text","content":"\n\n\n\nCrombie REIT Announces Organizational and Leadership Changes\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\n\nCanada NewsWire\nNEW GLASGOW, NS, Nov. 15, 2018\n\n\n\nNEW GLASGOW, NS, Nov. 15, 2018 /CNW/ - Crombie Real Estate Investment Trust (\"Crombie\") (TSX: CRR.UN), today announced changes to its leadership structure to optimize the Company's focus on, and execution of, its real estate and financial priorities. These changes will enable continued delivery of strong operating performance and the successful execution of Crombie's significant mixed use development program. \nThis renewed leadership structure aligns talent with Crombie's strategic priorities, emphasizing national leadership roles to optimize focus and efficiency. Crombie's realigned executive leadership team includes:\nDonald Clow, President and Chief Executive Officer\nGlenn Hynes in the newly created role of Executive Vice President and Chief Operating Officer (COO) with national oversight of operations, leasing, development and construction\nCheryl Fraser, Chief Talent Officer and Vice President Communications\nJohn Barnoski, Senior Vice President Corporate Development\nChief Financial Officer and Secretary, to be appointed\nThe transition to a national structure realigns responsibilities that currently exist regionally. Trevor Lee, Senior Vice President Western Canada, has been appointed to the newly created role of Senior Vice President Development and Construction.  Scott MacLean, Senior Vice President Eastern Canada, will retire in January 2019 after 25 years with the company. In connection with the realignment, Crombie will be conducting searches to identify a new Chief Financial Officer and a Senior Vice President National Leasing and Operations (a newly created position). Until a new Chief Financial Officer is appointed, Glenn Hynes will continue in this capacity in addition to his role as Chief Operating Officer. \n\"Crombie is in an enviable position in the Canadian real estate market. We have dedicated and skilled talent, a thriving tenant base, and 'great dirt',\" said Don Clow...

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