NEW
YORK, Feb. 3, 2023 /PRNewswire/ -- Brixmor
Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company")
announced today that John G.
Schreiber, the chair of the Company's board of directors
("Board"), will retire from the Board at the end of his current
term, which will conclude as of the adjournment of the 2023 Annual
Meeting of the Company's Stockholders. Mr. Schreiber has served as
chair of the Board since the Company's initial public offering in
2013. Sheryl M. Crosland, a current
independent director, will replace Mr. Schreiber as chair of the
Board effective as of his retirement.
"John's vision, wisdom and strategic leadership have been
immensely valuable to the Board and management and have been a
critical part of our success," commented James Taylor, CEO and President. "We are
grateful for John's many contributions, for his unerring judgment,
for his incisive wit, and for his service and dedication to our
Company and our stockholders. We are a better company for having
had the benefit of working with John. We thank John and wish him
the very best. We are excited to have Sheryl assume the role of
Chair and look forward to benefitting from her capable leadership
and deep industry experience."
Connect With Brixmor
- For additional information, please visit
https://www.brixmor.com;
- Follow Brixmor on:
- Facebook at https://www.facebook.com/Brixmor
- Instagram at
https://www.instagram.com/brixmorpropertygroup
- YouTube at https://www.youtube.com/user/Brixmor; and
- Find Brixmor on LinkedIn at
https://www.linkedin.com/company/brixmor.
ABOUT BRIXMOR PROPERTY GROUP
Brixmor (NYSE: BRX) is a real estate investment trust (REIT)
that owns and operates a high-quality, national portfolio of
open-air shopping centers. Its 378 retail centers comprise
approximately 67 million square feet of prime retail space in
established trade areas. The Company strives to own and operate
shopping centers that reflect Brixmor's vision "to be the center of
the communities we serve" and are home to a diverse mix of thriving
national, regional and local retailers. Brixmor is a proud real
estate partner to over 5,000 retailers including The TJX Companies,
The Kroger Co., Publix Super Markets and Ross Stores.
Brixmor announces material information to its investors in SEC
filings and press releases and on public conference calls, webcasts
and the "Investors" page of its website at https://www.brixmor.com.
The Company also uses social media to communicate with its
investors and the public, and the information Brixmor posts on
social media may be deemed material information. Therefore, Brixmor
encourages investors and others interested in the Company to review
the information that it posts on its website and on its social
media channels.
SAFE HARBOR LANGUAGE
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
statements include, but are not limited to, statements related to
the Company's expectations regarding the performance of its
business, its financial results, its liquidity and capital
resources and other non-historical statements. You can identify
these forward-looking statements by the use of words such as
"outlook," "believes," "expects," "potential," "continues," "may,"
"will," "should," "seeks," "projects," "predicts," "intends,"
"plans," "estimates," "anticipates" or the negative version of
these words or other comparable words. Such forward-looking
statements are subject to various risks and uncertainties,
including those described under the sections entitled
"Forward-Looking Statements" and "Risk Factors" in the Company's
Annual Report on Form 10-K for the year ended December 31, 2021, as such factors may be updated
from time to time in our periodic filings with the SEC, which are
accessible on the SEC's website at www.sec.gov. Accordingly, there
are or will be important factors that could cause actual outcomes
or results to differ materially from those indicated in these
statements. These factors should not be construed as exhaustive and
should be read in conjunction with the other cautionary statements
that are included in this release and in the Company's filings with
the SEC. The Company undertakes no obligation to publicly update or
review any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as required
by law.
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SOURCE Brixmor Property Group Inc.