Wheeler Real Estate Investment Trust, Inc. Appoints Matthew Reddy as Chief Accounting Officer
June 19 2015 - 8:30AM
Business Wire
Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR)
(“Wheeler” or the “Company”) today announced that the Company has
appointed Matthew Reddy as Chief Accounting Officer. In this newly
created position, Mr. Reddy will oversee all aspects of the
Company’s accounting department and will assist Wheeler’s chief
financial officer in all aspects of accounting and regulatory
compliance.
Prior to joining the Company, Mr. Reddy was the Assistant Vice
President of Online Products at Liberty Tax Service (NASDAQ:TAX), a
Virginia Beach, Virginia based retail income tax preparation firm.
In this position, he managed the coordination and direction of the
firm’s online tax business. While employed at Liberty Tax Service,
Mr. Reddy also served in the roles of Director of Finance and
Manager of Financial Reporting. His primary responsibilities in
these positions included overseeing corporate forecasting,
assisting in the planning and analysis of business and financial
strategies, and managing the firm’s accounting team.
In addition to his employment with Liberty Tax Service, Mr.
Reddy also worked at KPMG, LLP, a global network of professional
firms that provides audit, advisory and tax services. As a Senior
Auditor, Mr. Reddy was responsible for reviewing and auditing
financial statements for national and multinational public
companies to ensure accordance with U.S. Generally Accepted
Accounting Principles and Securities and Exchange Commission
regulations.
Jon S. Wheeler, the Company’s Chairman and Chief Executive
Officer, commented, “We are very pleased to welcome Matt to
Wheeler’s management team. We expect his extensive background in
accounting combined with his leadership skills and knowledge of
regulatory guidelines and accounting standards will prove
invaluable in the continued development of the Company and aid in
our future growth.”
Mr. Reddy is a Certified Public Accountant, and has a bachelor
of business administration in accounting from James Madison
University.
About Wheeler Real Estate Investment
Trust Inc.
Headquartered in Virginia Beach, VA, Wheeler Real Estate
Investment Trust, Inc. is a fully-integrated, self-managed
commercial real estate investment company focused on acquiring and
managing income-producing retail properties with a primary focus on
grocery-anchored centers. Wheeler’s portfolio contains
well-located, potentially dominant retail properties in secondary
and tertiary markets that generate attractive risk-adjusted
returns, with a particular emphasis on grocery-anchored retail
centers.
Additional information about Wheeler Real Estate Investment
Trust, Inc. can be found at the Company’s corporate website:
www.whlr.us.
Forward-looking
Statement
The Company considers portions of the information in this press
release relating to the appointment of Matthew Reddy as Chief
Accounting Officer to contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, both as amended. This
press release includes forward-looking statements regarding the
growth and development of the Company. Any statement describing the
Company’s expectations, financial or other projections is a
forward-looking statement and should be considered an at-risk
statement. Such statements are subject to certain risks and
uncertainties. The Company’s forward-looking statements also
involve assumptions that, if they never materialize or prove
correct, could cause results to differ materially from those
expressed or implied by such forward-looking statements. These
forward-looking statements are not historical facts but are the
intent, belief or current expectations of management based on its
knowledge and understanding of the business and industry. As a
result, investors are cautioned not to rely on these
forward-looking statements. These and other risks concerning
Wheeler are described in additional detail in the Company’s annual
report on Form 10-K for the year ended December 31, 2014, which is
on file with the SEC. Copies of these and other documents are
available from the Company. Although the Company believes that the
expectations reflected in such forward-looking statements are based
upon reasonable assumptions, it can give no assurance that its
expectations will be achieved. For this purpose, any statements
contained herein that are not historical fact may be deemed to be
forward-looking statements. For additional factors that could cause
the operations of the Company to differ materially from those
indicated in the forward-looking statements, please refer to the
Company's filings with the U.S. Securities and Exchange Commission
which are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward-looking
statements to reflect events or circumstances that arise after the
date hereof.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150619005048/en/
Wheeler Real Estate Investment Trust, Inc.Robin Hanisch,
757-627-9088Corporate Secretaryrobin@whlr.usorLaura Nguyen,
757-627-9088Director of Capital Marketslnguyen@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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