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Posted 09 November, 2023

InvenTrust Properties Corp. appointed new CEO

CEO Change detected for ticker NYSE:IVT in a 8-K filed on 09 November, 2023.


  On January 19, 2022, Mr. Whitehurst retired as Chief Executive Officer and resigned from the National Retail Properties effective as of April 28, 2022.  

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Overview of InvenTrust Properties Corp.
Real Estate/Construction • Retail REITs
InvenTrust Properties Corp. engages in the ownership, management, acquisition and development of multi-tenant retail platform. Its retail properties includes grocery-anchored community, neighborhood centers and necessity-based power centers. The company was founded on October 4, 2004 and is headquartered in Downers Grove, IL.
Market Cap
$1.73B
View Company Details
InvenTrust Properties Corp. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


Appointment of Interim Chair 


Effective November 8, 2023, the board of directors of InvenTrust Properties Corp. (the "Board") appointed current director, Julian E. Whitehurst, as Chairperson of the Board. 


Mr. Whitehurst has served as a Director of the Company since March 2016. He served as a director of National Retail Properties, Inc., since February 2017, as CEO of National Retail Properties since April 2017, as President since May 2006, and as Chief Operating Officer since June 2004. Mr. Whitehurst also previously served as Executive Vice President of National Retail Properties from February 2003 to May 2006, as Chief Operating Officer from June 2004 to April 2017 and as Secretary from May 2003 to May 2006, and previously served as General Counsel from 2003 to 2006. On January 19, 2022, Mr. Whitehurst retired as Chief Executive Officer and resigned from the National Retail Properties effective as of April 28, 2022. Prior to February 2003, Mr. Whitehurst was a shareholder at the law firm of Lowndes, Drosdick, Doster, Kantor & Reed, P.A. Mr. Whitehurst is a member of ICSC and Nareit and served on the Nareit Advisory Board of Governors.


In light of Mr. Whitehurst's retail real estate experience, among other things, the Board believes that Mr. Whitehurst has the necessary experience and insight to serve as Chairperson of the Board. 


On November 9, 2023, the Company issued a press release announcing the appointment of Mr. Whitehurst as Chairperson. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.