On February 6, 2018, the Board of Directors of Retail Properties of America, Inc. appointed Julie M. Swinehart to serve as its new Executive Vice President, Chief Financial Officer and Treasurer. Ms. Swinehart has served as the Company's Senior Vice President and Chief Accounting Officer since 2015 and has held various accounting and financial reporting positions with the Company since 2008. Prior to Ms. Swinehart's appointment, Steven P. Grimes, the Company's President and Chief Executive Officer, had assumed the responsibilities of the principal financial officer of the Company on an interim basis.

As a result of Ms. Swinehart's promotion, Mr. Grimes ceased to have these responsibilities as of February 6, 2018. Mr. Grimes will continue to serve as President and Chief Executive Officer of the Company.