Retail Value Inc. Announces CFO Transition
November 07 2019 - 4:28PM
Business Wire
Retail Value Inc. (NYSE: RVI) announced the resignation of
Executive Vice President, Chief Financial Officer and Treasurer,
Matthew Ostrower, effective on November 27, 2019, to pursue a new
opportunity. Following his departure, Christa Vesy will serve as
the Company’s Executive Vice President, Chief Financial Officer,
Chief Accounting Officer and Treasurer. Ms. Vesy has served as
Executive Vice President and Chief Accounting Officer of RVI since
February 2018 and as Executive Vice President and Chief Accounting
Officer of SITE Centers Corp., the parent of RVI’s external
manager, since March 2012.
“I congratulate Matt on his new opportunity and thank him for
his contributions to Retail Value Inc., where he was a key player
in the spin-off of RVI from SITE Centers in 2018,” said David R.
Lukes, Chief Executive Officer. “Christa has been intimately
involved in RVI since the very beginning, and her appointment is an
acknowledgement of the invaluable accounting, finance, and
strategic leadership she has demonstrated through a period of
significant strategic change. She is an ideal choice for the CFO
role.”
Prior to joining SITE Centers, Ms. Vesy worked for The Lubrizol
Corporation, where she served as manager of external financial
reporting and then as controller for the lubricant additives
business segment. Prior to joining Lubrizol, from 1993 to September
2004, Ms. Vesy held various positions with the Assurance and
Business Advisory Services group of PricewaterhouseCoopers LLP, a
registered public accounting firm, including Senior Manager from
1999 to September 2004. Ms. Vesy graduated with a Bachelor of
Science in business administration from Miami University in Oxford,
Ohio. Ms. Vesy is a certified public accountant (CPA) and member of
the American Institute of Certified Public Accountants (AICPA) and
the National Association of Real Estate Investment Trusts (NAREIT).
She also serves on the Board of Trustees of the Rocky River Soccer
Organization as Treasurer.
About RVI
RVI is an independent publicly traded company trading under the
ticker symbol “RVI” on the New York Stock Exchange. RVI holds
assets in the continental U.S. and Puerto Rico and is managed by
one or more subsidiaries of SITE Centers Corp. RVI focuses on
realizing value in its business through operations and sales of its
assets. Additional information about RVI is available at
www.retailvalueinc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20191107006106/en/
Matthew Ostrower, EVP and Chief Financial Officer
216-755-5500
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