InvenTrust Promotes Christy David to Chief Investment Officer

DOWNERS GOVE, III.–(BUSINESS WIRE)–InvenTrust Properties Corp. (“InvenTrust” or the “Company”) today announced that Christy David, InvenTrust’s Executive Vice President, General Counsel and Corporate Secretary has been promoted to the role of Chief Investment Officer effective immediately.

As Chief Investment Officer, Ms. David will be responsible for leading the Company’s transactions team, managing all property level acquisitions and dispositions, as well as executing on InvenTrust’s portfolio strategy. Ms. David will also continue to serve in her role as General Counsel and Corporate Secretary in addition to her responsibilities as Chief Investment Officer.

“Christy has made significant contributions to InvenTrust since joining our team in 2014, and this well-deserved promotion recognizes her passion and dedication to our company,” said Thomas McGuinness, President and CEO of InvenTrust. “We believe Christy’s proven leadership and in-depth knowledge of our properties, markets and portfolio strategy make her a perfect fit for this role as CIO. I look forward to continuing to work with her in this expanded capacity as we execute on our investment strategy and work to maximize value for all InvenTrust shareholders.”

“I am incredibly excited to take on the position of CIO,” said Christy David. “We have a great transactions team here at InvenTrust, and I look forward to the opportunity to continue to build a platform with essential retail in smart locations delivering on our occupancy and rental growth targets.”

About Christy David

Ms. David has served as InvenTrust’s General Counsel and Corporate Secretary since August 2018. She previously served as Senior Vice President, General Counsel and Secretary since 2017. She joined InvenTrust as Managing Counsel – Transactions at InvenTrust in April 2014 and was subsequently promoted to Vice President, Deputy General Counsel and Secretary in November 2016. Prior to that, Ms. David served at the Inland Group Inc., managing, reviewing and drafting legal documents and matters for InvenTrust’s acquisitions, dispositions, corporate contracts and spin-offs. Prior to joining the Inland Group, Ms. David served as an Associate Attorney at The Thollander Law Firm and served in various roles at David & Associates. Ms. David serves on the Ravinia Associates Board and Nominating Committee. Ms. David received a Juris Doctor from Washington University School of Law and a Bachelor of Business Administration in Finance from Loyola University.

About InvenTrust Properties Corp.

InvenTrust Properties Corp. is a premier multi-tenant retail REIT that owns, leases, redevelops, acquires and manages grocery anchored neighborhood centers, and select power centers that often have a grocery component, in Sun Belt markets with favorable demographics. We seek to continue to execute our strategy to enhance our multi-tenant retail platform by further investing in grocery-anchored centers with essential retail in our current markets, while exhibiting focused and disciplined capital allocation. InvenTrust became a self-managed REIT in 2014 and a Global Real Estate Sustainability Benchmark (“GRESB”) member in 2018. As of December 31, 2019, the company is an owner and manager of 65 retail properties, representing 10.9 million square feet of retail space.

Forward-Looking Statements Disclaimer

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future and are typically identified by words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations. For further discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see our filings with the securities and Exchange Commission (“SEC”), including the Risk Factors included in our most recent Annual Report on Form 10-K, as updated by any subsequent Quarterly Report on Form 10-Q, in each case as filed with the SEC. InvenTrust intends that such forward-looking statements be subject to the safe harbors created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, except as may be required by applicable law. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor there be any sale of securities referred to in this letter, in any jurisdiction in which any such offer, solicitation or sale is not permitted.

Contacts

Dan Lombardo, InvenTrust Properties Corp.

630-570-0605 or [email protected]

error: Content is protected !!