RAMCO Properties Announces the Appointment of Michael P. Fitzmaurice as Executive Vice President and Chief Financial Officer
June 15 2018 - 9:00AM
RAMCO (NYSE:RPT)
(the “Company”)
announced today the appointment of Michael P. Fitzmaurice as
Executive Vice President, Chief Financial Officer and Secretary,
effective June 18, 2018. Mr. Fitzmaurice will play a key role in
the establishment and execution of the Company’s strategic plan and
oversee all financial aspects of the Company, including capital
markets, financial planning and analysis, accounting, tax, internal
audit, information technology, and treasury.
“Michael’s a very dynamic individual with a deep
understanding of the public REIT retail space and his key industry
relationships make him an ideal strategic partner to help usher in
the next successful chapter at the Company,” stated Brian Harper,
President and Chief Executive Officer. “I have spent the last two
months visiting and assessing nearly every property in our
portfolio, positioning Michael and me to hit the ground running on
day one to begin enhancing RAMCO’s position within the shopping
center industry.”
Mr. Fitzmaurice has nearly 20 years of
experience in the real estate industry and most recently served as
Senior Vice President of Finance with Retail Properties of America,
Inc. (“RPAI”), a shopping center REIT, located in Oakbrook,
Illinois, where he oversaw capital markets, investor relations and
treasury. Mr. Fitzmaurice was a member of RPAI’s investment,
guidance and senior management committees and was a key participant
in the establishment and the execution of its strategic plan. Prior
to joining RPAI in 2012, Mr. Fitzmaurice held various management
roles within capital markets, finance, accounting and investments
for GGP and Equity Office Properties.
Mr. Fitzmaurice holds a bachelor’s degree in
Finance from the University of Illinois at Chicago.
RAMCO Properties (NYSE:RPT) is a premier,
national publicly-traded shopping center real estate investment
trust (REIT) based in Farmington Hills, Michigan. The Company's
primary business is the ownership and management of regional town
centers, urban-infill properties and neighborhood shopping centers
primarily located in 15 of the 40 largest metropolitan markets in
the United States. At March 31, 2018, RAMCO owned
interests in and managed a portfolio of 56 shopping centers and
three joint venture properties. At March 31, 2018, the
Company's consolidated portfolio was 93.6% leased. RAMCO is a
fully-integrated qualified REIT that is self-administered and
self-managed. For additional information about the Company please
visit www.RAMCOproperties.com or follow RAMCO on Twitter
@RAMCOproperties and facebook.com/RAMCOproperties.rpt/.
Company Contact: Dawn L. Hendershot, Senior Vice
President of Investor Relations and Public Affairs31500
Northwestern Highway, Suite 300Farmington Hills, MI
48334dhendershot@RAMCOproperties.com(248) 592-6202
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