NEW
GLASGOW, NS, Aug. 7, 2024
/CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX:
CRR.UN) today announced that Kara
Cameron has been appointed as Chief Financial Officer
("CFO"), effective immediately.
Kara has been serving as Interim CFO since February 2024. She is a Chartered Professional
Accountant with nearly 20 years of experience in progressively
senior financial leadership roles, including five years at Crombie
as Vice President, Accounting and Financial Reporting, before her
appointment as Interim CFO.
"Following a comprehensive search process, we are delighted that
Kara emerged as the successful candidate and that she has accepted
the role of CFO on a permanent basis," said Mark Holly, President and CEO. "Since joining
Crombie in 2019, Kara has been an integral part of our financial
leadership team, known for her strategic thinking, and steadfast
commitment to our financial strength. As CFO, Kara will remain
focused on strengthening Crombie's overall financial position,
delivering value to our Unitholders, and ensuring we are well
positioned to deliver our strategy of sustained growth."
Kara holds a Bachelor of Business Administration degree from
St. Francis Xavier University and is a
graduate of the Harvard Business
School, Certificate of Management Excellence program.
About Crombie REIT
Crombie invests in real estate with a vision of enriching
communities together by building spaces and value today that leave
a positive impact on tomorrow. As one of the country's leading
owners, operators, and developers of quality real estate assets,
Crombie's portfolio primarily includes grocery-anchored retail,
retail-related industrial, and mixed-use residential properties. As
at June 30, 2024, our portfolio
contains 304 properties comprising approximately 19.3 million
square feet, inclusive of joint ventures at Crombie's share, and a
significant pipeline of future development projects. Learn more at
www.crombie.ca.
SOURCE Crombie REIT