11/12/2021 | by

Agree Realty Corp. (NYSE: ADC) announced that Michael Judlowe joined the company's board of directors. Judlowe spent the last 10 years at Jefferies Group, where he helped establish the Real Estate Equity Capital Markets practice. In addition, David Darling agreed to join the company as vice president of real estate. Additionally, Nicole Witteveen has been promoted to EVP, people & culture, and chief of staff.

Crown Castle International Corp. (NYSE: CCI) announced that Catherine Piche was appointed to succeed Robert Ackerman as EVP and COO–towers. Ackerman is retiring following a 50-year career that included 23 years in various senior leadership roles at Crown Castle, and he has agreed to remain with the company in an advisory capacity until February, 2022. Piche joined Crown Castle in 2011 and has served in a variety of leadership roles, including most recently as SVP–project delivery, design & construction for Crown Castle's fiber business.

Hudson Pacific Properties, Inc. (NYSE: HPP) appointed Brent Obleton as vice president of diversity and inclusion. Obleton previously served as the senior diversity and inclusion business partner within Genentech's chief diversity office.

Sherry Rexroad will assume the position of CFO at STORE Capital Corp. (NYSE: STOR) on Nov. 8, in connection with the planned retirement of Catherine Long. Rexroad was most recently the managing director and global head of business development at BlackRock Global Real Asset Securities. She was also the first investor to be elected to the Nareit Advisory Board of Governors. Rexroad currently serves as a co-chair of Nareit's Dividends Through Diversity, Equity & Inclusion Initiative Steering Committee.

Sunstone Hotel Investors, Inc. (NYSE: SHO), announced the appointment of Douglas Pasquale, current chairman of the Sunstone board, as the company's interim CEO. The appointment follows a mutual agreement to separate between the board and John Arabia, who has left his role as president & CEO and resigned as a director. Pasquale currently serves as CEO of Capstone Enterprises, an investment and consulting firm he founded in January 2012.

UMH Properties, Inc. (NYSE: UMH) announced that its board of directors approved an increase in the size of the board from 11 to 12 directors and appointed Angela Pruitt as a class II director for the term expiring in 2023. Pruitt is a global communications expert with more than 20 years of experience, including 16 years at the Wall Street Journal/Dow Jones.

Western Asset Mortgage Capital Corp. (NYSE: WMC) said Jennifer Murphy has resigned from her positions as president, CEO, and board member, to pursue a new venture. To replace her, the board has appointed Bonnie Wongtrakool as CEO, and Lisa Meyer as president. Wongtrakool will also be appointed to the board. Meyer will continue to serve as CFO. Both Wongtrakool and Meyer will work closely with Murphy, who will remain with the company as a senior advisor through the end of the year. Wongtrakool joined Western Asset in 2003. She will continue to serve in her current roles as global head of ESG investments and portfolio manager of Western Asset Management Company, LLC, the company's manager.

W. P. Carey, Inc. (NYSE: WPC) added a new investment officer to its North American team—Jason Patterson. He will serve as vice president and is responsible for sourcing, underwriting, and executing net lease investments throughout the U.S., Canada, and Mexico. Prior to joining W. P. Carey, he worked at CS Capital Advisors within their Real Estate Advisory & Asset Management team.