Acadia Realty Trust Announces Promotions
January 05 2012 - 10:52AM
Business Wire
Acadia Realty Trust (NYSE:AKR), today announced the promotions
of Christopher Conlon to Executive Vice President and Chief
Operating Officer, Jon Grisham to Senior Vice President and Chief
Financial Officer and Richard Hartmann to Senior Vice President and
Chief Accounting Officer. All promotions were effective on January
1, 2012.
Mr. Conlon has previously served Acadia as Senior Vice
President, Leasing and Development since February 2008. Mr.
Conlon’s extensive background in both retail leasing and retail
development has proven invaluable to Acadia since his arrival. As
Chief Operating Officer, Mr. Conlon will report directly to Kenneth
F. Bernstein, President and Chief Executive Officer of Acadia. Mr.
Conlon will continue to oversee the leasing, development and
construction teams and will play a key role in the Company’s
growth.
As previously announced, Mr. Grisham, formerly Senior Vice
President and Chief Accounting Officer has assumed the role of
Senior Vice President and Chief Financial Officer. Michael Nelsen,
formerly Senior Vice President and Chief Financial Officer, shall
remain with Acadia through and beyond the transition as Senior Vice
President and Accounting and Financial Principal. Mr. Hartmann, who
joined Acadia in 1997 and most recently served as Vice President
and Controller, has been promoted to Senior Vice President and
Chief Accounting Officer.
“It is with pride and pleasure that we announce these
promotions.” said Kenneth F. Bernstein, President and Chief
Executive Officer. “Chris came to us as a seasoned real estate
executive and has grown within our organization to become a key
leader of our business. Since Chris’ arrival, he has been
instrumental in driving our leasing and development initiatives as
well as new investments. Chris’ assumption of additional
responsibilities will enable Acadia to even further leverage this
talent. Mike has done a tremendous job building a great team and
ensuring a smooth and productive transition. Jon has been with
Acadia since its formation and a critical contributor to our
success. His assumption of the role of Chief Financial Officer is
both timely and well deserved. Rich Hartmann has been with Acadia
since its formation and has become a key member of the management
team and has established himself as a leader within the
Company.”
About Acadia Realty Trust
Acadia Realty Trust, a fully-integrated equity real estate
investment trust, is focused on the ownership, management and
redevelopment of high-quality retail properties and urban/ infill
mixed-use properties with a strong retail component located
primarily in high-barrier-to-entry, densely-populated metropolitan
areas along the East Coast and in the Midwestern United States.
Acadia owns, or has an ownership interest in, 95 properties through
its core portfolio and three opportunistic/ value-add investment
funds. Additional information may be found on the Company’s website
at www.acadiarealty.com.
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