Sachem Capital Corp. announced the appointment of John E. Warch, CPA, as the Company's new Executive Vice President and Chief Financial Officer, effective August 1, 2022. John Villano, CPA, previously served as both Chief Executive Officer and Chief Financial Officer, will continue to serve as the Company's Chief Executive Officer.

Mr. Warch is a seasoned industry executive, with over 40 years of corporate finance and accounting experience. Prior to joining Sachem, from 2013-2022, Mr. Warch served as Chief Financial Officer, Senior Vice President and Treasurer at Four Springs Capital Trust, a privately held real estate investment trust (REIT) in the commercial real estate market. Prior to that, Warch was a senior consultant at David Landau & Associates, LLC.

Mr. Warch also served as Senior Vice President and Chief Accounting Officer at CapLease Inc., a publicly held REIT. Warch has also held senior financial positions at Capital Trust Inc., Falcon Financial Investment Trust, ICON Capital Corporation, Fintek Inc., and Charter Financial Inc.Mr. Warch is a CPA and holds an M.B.A. in Finance from St. John's University and a B.S. in Accounting from St.

John's University.