Liberty Property Trust announced that George J. Alburger, Jr. will retire from his position as executive vice president and chief financial officer, and Christopher J. Papa, currently executive vice president and chief financial officer at Post Properties Inc. has been appointed to the same position at Liberty, both effective June 1, 2016. Mr. Alburger will remain with Liberty in an advisory capacity and to assist with the transition until the end of the year. Mr. Alburger has served as Liberty's CFO since 1995.

Mr. Papa has served as EVP and CFO at Post Properties since 2003. Prior to joining the Post corporate leadership team, Chris advised and served clients in the real estate, financial services, healthcare, and manufacturing industries as audit partner at Arthur Andersen LLP and BDO Seidman, LLP, and served as CFO of a privately held manufacturing company.