Independence Realty Trust Announces Appointment of Independent Director
June 19 2017 - 5:12PM
Business Wire
Independence Realty Trust, Inc. (NYSE MKT:IRT) (“IRT” or the
“Company”) announced today the appointment of Melinda H. McClure as
an independent director to the Company’s board of directors
effective June 13, 2017. The announcement represents an increase in
the size of the board from six to seven directors, following the
recommendation of the Nominating and Governance Committee of the
board.
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“We are very pleased to welcome Mindi to our board as she has
extensive leadership experience in the asset management, financial
services, and real estate industries,” said Scott F. Schaeffer,
IRT’s Chairman and Chief Executive Officer. “Mindi joins a strong
board of directors with diverse backgrounds and a shared commitment
to sound corporate governance. Her experience and counsel will be
beneficial as IRT continues to grow and deliver value for
shareholders.”
Ms. McClure is an executive with over 25 years of experience in
Asset Management and Financial Services. Most recently, she served
as the Managing Principal of Freedom Capital Investment Management,
an alternative asset manager, from 2013 to 2016. Ms. McClure served
on the board of directors of the Bank of Georgetown, a privately
held community bank headquartered in Washington, D.C., from its
inception in 2005 to its sale to United Bank in 2016. She also held
several positions at FBR & Co. from 1991 to 2006, including
senior managing director of investment banking where she provided
capital markets and advisory services to middle market financial
services and real estate companies.
About Independence Realty Trust, Inc.
Independence Realty Trust, Inc. (NYSE MKT: IRT) is an
internally-managed real estate investment trust that seeks to own
well-located apartment properties in geographic submarkets that it
believes support strong occupancy and the potential for growth in
rental rates. IRT seeks to provide stockholders with attractive
risk-adjusted returns, with an emphasis on distributions and
capital appreciation. For additional information, please visit our
investor relations website at http://investors.irtliving.com/.
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New Corporate HeadquartersTwo Liberty Place50 S. 16th
Street, Suite 3575Philadelphia, PA 19102267-270-4800Independence
Realty Trust, Inc.Edelman Financial Communications &
Capital MarketsTed McHugh and Lauren
Tarola212-277-4322IRT@edelman.com
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