Weingarten Realty Announces the Promotion of Johnny Hendrix to Chief Operating Officer

Weingarten Realty (NYSE: WRI) announced today the promotion of Johnny Hendrix to Executive Vice President and Chief Operating Officer. Johnny Hendrix previously served as the Company’s Executive Vice President of Asset Management.

In his role as Executive Vice President and Chief Operating Officer, Johnny will generally be responsible for overseeing all operations and the growth of the Company’s retail portfolio. The Company noted Johnny’s long tenure, sound leadership and knowledge have been invaluable assets to Weingarten’s success.

“Johnny brings tremendous experience, integrity and a deep knowledge of our business and the retail industry to his new role. Stanford Alexander, our Chairman, Steve Richter, our CFO, Johnny and I have worked together as a team for many years. Adding COO to Johnny’s title is the formal recognition of what he has earned,” stated Drew Alexander, President and Chief Executive Officer.

Johnny joined Weingarten as a Leasing Executive in 1986. He was promoted to Vice President in 1994, Senior Vice President/Director of Leasing in 1999, and Executive Vice President, Asset Management in 2004. Prior to joining Weingarten, he was Vice President of Leasing for Gilliam Interests, and was a broker with Henry S. Miller in Houston. Johnny has over 30 years experience in the shopping center industry.

Johnny received his BBA from the University of Texas in 1980 and has been an active member of the International Council of Shopping Centers since 1984. He is a member of National Association of Real Estate Investment Trusts (NAREIT) and ULI – the Urban Land Institute. In 2005, he successfully completed Harvard Business School’s Advanced Management Program (AMP).

About Weingarten Realty Investors

Weingarten Realty Investors (NYSE: WRI) is a commercial real estate owner, manager and developer. At March 31, 2010, the company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 376 developed income-producing properties and 10 properties under various stages of construction and development. The total number of properties includes 307 neighborhood and community shopping centers located in 22 states spanning the country from coast to coast. The company also owns 76 industrial projects located in California, Florida, Georgia, Tennessee, Texas and Virginia and three other operating properties located in Arizona and Texas. At March 31, 2010, the Company’s portfolio of properties was approximately 70.1 million square feet. To learn more about the Company’s operations and growth strategies, please visit www.weingarten.com

Weingarten Realty Invest... (NYSE:WRI)
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