Wheeler Real Estate Investment Trust, Inc. Appoints John McAuliffe to Its Board of Directors
December 04 2015 - 8:30AM
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 John McAuliffe to
the Company's Board of Directors effective December 2, 2015. Mr.
McAuliffe returns to the Company's Board of Directors after having
previously served from November 2012 until April 2013. Mr.
McAuliffe has over 36 years' experience in the financial services
industry. In April 2013, Mr. McAuliffe resigned from the Company's
Board of Directors to focus his efforts on investment banking with
Newbridge Securities Corporation. Wheeler's Board will increase to
nine members with Mr. McAuliffe's appointment with six of those
members being independent.
Jon S. Wheeler, Chairman and CEO, stated, "We are pleased to
have John return to the Company's Board. John has played a key role
in our development and has been instrumental in Wheeler's success.
We believe his background in the financial services industry,
especially his experience in institutional sales and the capital
raising process will again prove itself invaluable to our
Board."
Presently, Mr. McAuliffe serves as a Lead Investment Banker with
Newbridge Securities Corporation, a full-service securities
brokerage and investment banking firm. Prior to joining Newbridge
Securities Corporation in 2005, Mr. McAuliffe ran his own
consulting firm which provided advisory and structural development
services to the management of small to medium sized publicly traded
companies. Throughout his career, Mr. McAuliffe has participated in
excess of over 200 capital raises and has been involved in all
aspects of the capital formation process serving in a variety of
positions ranging from institutional salesman to the Managing
Director of an investment banking firm.
Mr. McAuliffe received his Bachelor of Science degree in
political science and economics from State University of New York
at Brockport.
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.
CONTACT: AT THE COMPANY:
Wheeler Real Estate Investment Trust, Inc.
Robin Hanisch
Corporate Secretary
(757) 627-9088
robin@whlr.us
Laura Nguyen
Director of Capital Markets
(757) 627-9088
lnguyen@whlr.us
-OR-
INVESTOR RELATIONS:
The Equity Group Inc.
Terry Downs
Associate
(212) 836-9615
tdowns@equityny.com
Adam Prior
Senior Vice-President
(212) 836-9606
aprior@equityny.com
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