InvenTrust Properties Corp. announced that on February 18, 2021, the Board appointed Christy L. David as Chief Operating Officer, effective February 22, 2021. Ms. David will also continue to serve in her role as Executive Vice President, General Counsel and Secretary of the Company. Ms. David will step down from her position as Chief Investment Officer effective February 22, 2021. Ms. David, age 42, has served as InvenTrust’s General Counsel since 2017. She currently serves as Executive Vice President, Chief Investment Officer, General Counsel, and Corporate Secretary, leading the implementation of the Company’s strategy within its transactional and investment initiatives. Ms. David joined InvenTrust in 2014 as Managing Counsel – Transactions and held that position until November 2016 when she was named Vice President, Deputy General Counsel and Secretary. Ms. David was promoted to InvenTrust’s General Counsel in 2017 and has served in that role since that time. Prior to joining InvenTrust, Ms. David served as Vice President – Associate Counsel at The Inland Group Inc., where she managed, reviewed and drafted legal documents and matters regarding InvenTrust’s acquisitions, dispositions, corporate contracts and spin-offs. Prior to joining the Inland Group, Ms. David served as an Associate Attorney at The Thollander Law Firm and held various positions at David & Associates. Ms. David serves on the Ravinia Associates Board as well as its Nominating Committee. Ms. David received a Juris Doctor from Washington University School of Law and a Bachelor of Business Administration in Finance from Loyola University. On February 18, 2021, the Board appointed Michael Phillips as Chief Financial Officer and Treasurer effective as of August 6, 2021 upon Mr. Busch’s resignation from such positions on such date. He will step down as Chief Accounting Officer and Controller effective as of August 6, 2021. The Company also announced that Mr. Busch will step down Treasurer effective as of August 6, 2021.
InvenTrust Properties Corp. is a Sun Belt, multi-tenant essential retail real estate investment trust (REIT). The Company owns, leases, redevelops, acquires, and manages grocery-anchored neighborhood and community centers, as well as power centers that often have a grocery component. It is focused on owning, leasing, redeveloping, acquiring, and managing a multi-tenant retail platform. The Company owns approximately 62 retail properties with a total gross leasable area (GLA) of approximately 10.3 million square feet. Its retail properties consist of community and neighborhood centers and power centers. Community and neighborhood centers are generally open-air and designed for tenants that offer a wide array of merchandise and services, including groceries, soft goods, and convenience-oriented offerings. Power centers are generally larger and consist of several anchors, such as discount department stores, off-price stores, specialty grocers and warehouse clubs.