Madison Pacific Properties Inc. Announces Resignation of CEO
June 27 2012 - 5:30PM
Marketwired
Madison Pacific Properties Inc. (TSX:MPC)(TSX:MPC.C) (the
"Company") a Vancouver-based real estate company announced today
that Alan Firth, its President and Chief Executive Officer, has
tendered his resignation in order to pursue other interests. Mr.
Firth will continue as Acting President and Chief Executive Officer
until the Company concludes a search for a qualified replacement to
ensure a smooth transition.
"Over the past 7 years, Alan has been instrumental in Madison
Pacific's growth and I thank him for his leadership. The Board is
reluctantly accepting Alan's resignation and will immediately begin
the search for his replacement," said Sam Grippo, Chairman of the
Company.
Contacts: Madison Pacific Properties Inc. Mr. Alan Firth
President (604) 732-6540 (604) 732-6550 (FAX) Madison Pacific
Properties Inc. Mr. Bill Ramsey Chief Financial Officer (604)
732-6540
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