Wheeler Real Estate Investment Trust, Inc. Announces Appointment of New Chief Financial Officer
January 11 2016 - 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 Wilkes Graham will join the
Company as its Chief Financial Officer, effective Tuesday, January
19, 2016. Mr. Graham will oversee corporate finance, accounting,
investor relations and capital and financing strategies for the
Company and will report to CEO and Chairman, Jon Wheeler. Mr.
Graham will succeed Steven Belote, who will remain with the Company
as its Chief Operating Officer.
Mr. Graham has over 16 years of experience in
the real estate and financial services industries. Since 2010 Mr.
Graham has worked with Compass Point Research & Trading, LLC
(“Compass Point”), an independent, full-service investment firm
focused exclusively on the financial services sector, where he
served as Director of Research and as a Senior Sell-Side Equity
Research Analyst. As the firm’s Real Estate Analyst, Mr.
Graham’s primary responsibilities included performing proprietary
financial analysis in which he forecasted earnings and predicted
the stock performance of over 30 publicly traded REITs, real estate
operating companies and homebuilders. As Director of Research,
Mr. Graham managed and oversaw the strategic direction of the
firm’s research department.
Prior to joining Compass Point, Mr. Graham
worked as a Vice President and a Senior Sell-Side Analyst focused
on the real estate sector at FBR Capital Markets & Co. (“FBR”)
(NASDAQ:FBRC), a full-service investment bank that offers equity
and fixed income research services to institutional investors.
Previously, he worked as a Research Associate covering REITs for
Raymond James & Associates, a leading diversified financial
services company.
Mr. Graham received his Bachelors of Science in
Business Administration and his Master of Business Administration
from the University of North Carolina’s Kenan-Flagler Business
School. During his career, Mr. Graham has conducted due diligence
on over 35 real estate related capital market transactions and is
National Association of Securities Dealers Series 7, 24, 63, 86,
and 87 certified.
Jon S. Wheeler, Chairman and CEO, stated, “We
are delighted that Wilkes has joined us as CFO. We have a long
relationship with Wilkes, and he is familiar with our company, our
assets, our business model and our target markets. He is
familiar with our company, our assets, our business model and our
target markets. We believe his ability to generate value-added
analyses and develop financial models will transfer well into his
role as CFO. In addition, his experience and knowledge of the real
estate and financial services industries will prove invaluable as
we advance in our development and continue to execute our business
plan and strategic initiatives. We believe that Wilkes is a proven
leader in the REIT industry, and we welcome him to the team.”
Mr. Wheeler continued, “Furthermore, we are
pleased Steven has assumed the role of Chief Operating Officer and
believe he is the perfect candidate for this position. His solid
understanding of our financials and experience in regulatory
matters will assist greatly in managing our daily operations, and
we are confident that he will continue to play a key role in the
Company’s growth. He has been integral to our success since joining
the Company prior to our IPO.”
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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