On September 9, 2021, Cedar Realty Trust, Inc. announced that Philip Mays will step down as Chief Financial Officer of the Company, effective immediately, to pursue another business opportunity. Mr. Mays has agreed to provide ongoing consulting services to the Company through the reporting period for the third quarter of 2021. On September 9, 2021, the Company announced that the Board of Directors of the Company has appointed Jennifer Bitterman as Chief Financial Officer of the Company, effective upon Mr. Mays' departure. Ms. Bitterman, age 38, joined the Company in 2011 and served in various roles within the asset management department, most recently as the Company's Senior Vice President of Corporate and Portfolio Management. Prior to joining the Company, Ms. Bitterman worked in the asset management group at Morgan Stanley Real Estate and performed equity research at Credit Suisse.