Business
True North Commercial Real Estate Investment Trust Announces Tracy Sherren to Retire as President and CFO and continue as a member of the Board of Trustees
True North Commercial Real Estate Investment Trust Announces Tracy Sherren to Retire as President...
About this update from True North Commercial Reit
[{"type":"text","content":"\n \n \n \n True North Commercial Real Estate Investment Trust Announces Tracy Sherren to Retire as President and CFO and continue as a member of the Board of Trustees\n \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 Canada NewsWire\n \n \n \n \n \"\n \n This news release constitutes a \"designated news release\" for the purposes of the REIT's prospectus supplement dated\n \n April 21, 2022\n \n to its short form base shelf prospectus dated\n \n February 17, 2022\n \n .\"\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n April 26, 2023\n \n \n /CNW/ - True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the \"\n \n REIT\n \n \") today announced that effective\n \n June 30, 2023\n \n ,\n \n Tracy Sherren\n \n , the REIT's President and Chief Financial Officer and President, Canadian Commercial, Starlight Investments, will be retiring from her executive positions at the REIT and Starlight Investments. Ms. Sherren will remain as a trustee of the REIT.\n \n Martin Liddell\n \n , the current Chief Financial Officer at Starlight Investments, will be appointed as Chief Financial Officer of the REIT in addition to his positions at Starlight Investments.\n \n Chris Bell\n \n will continue to act as the President and Chief Investment Officer at Starlight Investments as well as serving as the interim President of the Canadian Commercial division at Starlight Investments.\n \n \n \"We are grateful for Tracy's significant contributions to True North Commercial Real Estate Investment Trust since its inception and to Starlight Investments,\" said\n \n Daniel Drimmer\n \n , Chief Executive Officer of the REIT and Starlight Investments. \"We wish her well in her retirement and look forward to benefiting from her continued sound advice and counsel as a trustee of the REIT.\"\n \n \n \n About the REIT\n \n \n \n The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of\n \n Ontario\n \n . The REIT currently owns and operates a portfolio of 46 properties consisting of approximately 4...