W. P. Carey Inc. announced that its Chief Operating Officer and Head of Asset Management, Thomas Zacharias, has informed the Company that he will retire from the Company effective March 31, 2017.  Mr. Zacharias will remain a consultant for the balance of 2017. Brooks Gordon will be promoted to Head of Asset Management upon Mr. Zacharias' departure.  Mr. Gordon joined W. P. Carey in 2006 and was promoted to Director in 2010 and to Managing Director in 2014. Most recently, he oversaw the North American Asset Management team, which is responsible for all transaction activity including dispositions, refinancings and releasing activity.  Mr. Gordon earned his B.A. in Economics from Johns Hopkins University, with a finance concentration.  Mr. Gordon will report directly to Jason Fox, W. P. Carey's President and Head of Global Investments.