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OFFON

INVENTRUST PROPERTIES CORP.

(IARE)
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InvenTrust Properties Corp. Announces Executive Changes

02/23/2021 | 04:02pm EDT

On February 23, 2021, InvenTrust Properties Corp. announced that Thomas McGuinness resigned as President of the Company effective February 22, 2021. Mr. McGuinness will retain the titles and positions of member of the Board of Directors and Chief Executive Officer of the Company, and will retire as Chief Executive Officer on August 6, 2021 . The Board has nominated Mr. McGuinness for re-election as a member of the Board at the Company's 2021 Annual Meeting of Shareholders. On February 18, 2021, the Board appointed Daniel J. Busch as President of the Company effective February 22, 2021, and as Chief Executive Officer of the Company effective as of August 6, 2021 upon Mr. McGuinness' retirement.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2020 195 M - -
Net income 2020 -10,2 M - -
Net Debt 2020 348 M - -
P/E ratio 2020 -77,8x
Yield 2020 6,90%
Capitalization 140 M 140 M -
EV / Sales 2019 6,32x
EV / Sales 2020 5,85x
Nbr of Employees 124
Free-Float 99,7%
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Managers and Directors
Daniel Joseph Busch President, CEO & Non-Independent Director
Mike Phillips Chief Financial Officer, Treasurer & Executive VP
Paula J. Saban Chairman
Christy L. David COO, Secretary, Executive VP & General Counsel
Thomas F. Glavin Independent Director
Sector and Competitors