Wheeler Real Estate Investment Trust, Inc. Appoints Warren D. Harris to Its Board of Directors
June 16 2014 - 8:30AM
Business Wire
Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR)
(“Wheeler” or the “Company”), a company specializing in owning,
acquiring, financing, developing, renovating, leasing and managing
income producing assets, such as community centers, neighborhood
centers, strip centers and free-standing retail properties, today
announced that it has appointed Warren D. Harris to the Company’s
Board of Directors. Mr. Harris will also serve on the Audit
Committee of the Board of Directors. Mr. Harris has extensive
experience in economic development that has led him to work in
Southeast Asia, Europe and South America, as well as throughout the
United States. Mr. Harris will replace Sanjay (“Jay”) Madhu, who
resigned his position with the Company due to time constraints
related to his work with two other public companies. Wheeler’s
Board will remain at eight members with five of those members being
independent.
Presently, Mr. Harris is the Director of Economic Development
for the City of Virginia Beach where he is involved in improving
and enhancing the standard of living and economic health of the
Hampton Roads area. Under Mr. Harris’ leadership, the department
has received accreditation and recognition from several national
and international associations. During his tenure, Mr. Harris has
also successfully completed the restructuring of the economic
department for the City of Virginia Beach. This effort resulted in
an international office being established in Germany for the
department, as well as in the opening of a trade office in
Olongapo, Philippines. Mr. Harris was appointed this position in
2007 by the City Manager after serving as the Director of Economic
Development for the City of Chesapeake, VA.
Mr. Harris has been recognized by the American Society of Public
Administrators and has been awarded the G. Robert House, Jr. Award
for excellence in public service. Mr. Harris received his
Bachelor’s degree in Political Science from Hampton University and
has a Master’s in Public Administration from Old Dominion
University. Mr. Harris currently serves on a number of boards and
community service organizations in the Coastal Virginia area.
Jon S. Wheeler, Chairman and CEO, stated, “We are very pleased
to welcome Warren to the Company’s Board of Directors. Warren has a
proven record of success in the community. We believe his
background in economic development as well as leadership and
marketing skills will prove to be a valuable addition to our
team.”
Mr. Wheeler continued, “We would also like to thank Jay for his
excellent contribution to the board. His expertise has assisted in
the growth of the Company. We know his skill set will lend well in
his new position as Chief Executive Officer of Oxbridge RE Holdings
Limited and we wish him the very best in this new endeavor.”
About Wheeler Real Estate Investment
Trust Inc.
Headquartered in Virginia Beach, VA, Wheeler Real Estate
Investment Trust, Inc. specializes in owning, acquiring, financing,
developing, renovating, leasing and managing income producing
assets, such as community centers, neighborhood centers, strip
centers and free-standing retail properties. Wheeler’s portfolio
contains strategically selected properties, primarily leased by
nationally and regionally recognized retailers of consumer goods
and located in the Northeast, Mid-Atlantic, Southeast and Southwest
regions of the United States.
Additional information about Wheeler Real Estate Investment
Trust, Inc. can be found at the Company’s corporate website:
www.whlr.us.
Wheeler Real Estate Investment Trust
Inc.Robin Hanisch, 757-627-9088Corporate
Secretaryrobin@whlr.usorINVESTOR RELATIONS:The Equity Group Inc.Terry Downs,
212-836-9615Associatetdowns@equityny.comorAdam Prior,
212-836-9606Senior Vice-Presidentaprior@equityny.com
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