What Happened?
New York, -based Seritage Promoted Matthew Fernand as Executive Vice President, Chief Legal Officer and Secretary
Date of management change: April 23, 2021
New York, -based Seritage Promoted Matthew Fernand as Executive Vice President, Chief Legal Officer and Secretary
Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 158 wholly-owned properties and 25 joing venture properties totaling approximately 28.5 million square feet of space across 44 states and Puerto Rico. The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015. Pursuant to a master lease, the Company has the right to recapture certain space from Sears Holdings for retenanting or redevelopment purposes. The Company’s mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders. Our portfolio and platform present a unique opportunity for growth both as a company and individually. We are seeking experienced, energetic and innovative professionals to join our dynamic and growing team as we embark on the re-tenanting and redevelopment of our properties to their highest and best use. We strive to achieve excellence with a culture of professionalism and integrity and welcome the opportunity to speak to candidates who share these values.
Matthew Fernand is Executive Vice President, Chief Legal Officer and Secretary at Seritage. Previously, Matthew held various senior legal leadership roles in the industry.
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