SCOTTSDALE, Arizona – (BUSINESS WIRE) – Sep 15, 2021–
STORE Capital company (NYSE: STOR), an internally managed net rental real estate investment trust (REIT) that invests in S simple T enant O operational R true E State, today announced the appointment of Sherry L. Rexroad as Chief Financial Officer. Ms. Rexroad will begin her employment with STORE on October 18, 2021 and will assume the position of Chief Financial Officer on November 8, 2021, as part of the planned retirement of the current Chief Financial Officer of the Company, Catherine Long.
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STORE Capital announces Sherry L. Rexroad as new CFO (Photo: Business Wire)
Ms. Rexroad brings over 30 years of extensive leadership experience in REITs and the real estate, financial and capital markets. Most recently, she was Managing Director and Global Head of Business Development at BlackRock Global Real Asset Securities, where she applied her extensive knowledge of REITs and real estate to launch BlackRock’s first real estate product that combines listed infrastructure and real estate securities. Previously, Ms. Rexroad was Co-Global Chief Investment Officer and Chair of the Investment Committee of the Real Asset Securities team at BlackRock. In addition, she was a member of the BlackRock Americas Investment Stewardship Board, the BlackRock Fundamental Commission Oversight Committee and the BlackRock Real Assets Sustainability Task Force. Ms. Rexroad was the first investor to be elected to the Nareit Board of Governors’ Advisory Board.
“Sherry is uniquely qualified to take on the role of Chief Financial Officer as we embark on our next chapter of growth and value creation for our many stakeholders, and we are delighted to welcome her to our leadership team. Her broad expertise, strong track record and deep and established relationships in our industry will add significant value to the STORE platform, ”said Mary Fedewa, President and CEO of STORE Capital.
Ms. Fedewa continued, “Sherry also has considerable expertise in sustainability and ESG and has been a frequent speaker at Nareit and other venues, on integrating ESG strategies to improve investment results at long term. Sustainability with respect to both our investment portfolio and our clients’ business practices is at the heart of STORE’s mission to generate long-term, attractive and risk-adjusted returns that benefit our stakeholders and us. look forward to Sherry’s ideas as we continue to build on our sustainability, social responsibility and strong governance practices.
“Finally, I would like to thank Cathy Long for her close collaboration and friendship over the past 20 years and for the many contributions she has made to STORE, in particular to building our exceptional finance and accounting team. We appreciate Cathy’s help in the transition from her role to Sherry and wish her the best in her retirement, ”concluded Ms. Fedewa.
Sherry L. Rexroad’s career path
Prior to Ms. Rexroad’s nine years at BlackRock, she was Senior Portfolio Manager, REIT, Americas at Aviva Investors North America, where she built her REIT securities team, business development and marketing plans. Previously, she was Managing Director, Portfolio Manager at ING Clarion Real Estate Securities for nine years and played a key role in the growth of the company’s assets. Previously, Ms. Rexroad was Vice President, Assistant Portfolio Manager at AEW Capital Management and Facilities Manager for the Central Atlantic Five States region of the US Environmental Protection Agency. Ms. Rexroad received a Bachelor of Arts from Haverford College and an MBA from the Wharton School at the University of Pennsylvania. She also holds the Chartered Financial Analyst designation and is a member of the CFA Institute.
About MAGASIN Capital
STORE Capital Corporation is an internally managed net leasehold real estate investment trust, or REIT, which is a leader in the acquisition, investment and management of single tenant operational real estate, which is its target market. and the inspiration of its name. STORE Capital is one of the largest and fastest growing net rental REITs and has a large, well-diversified portfolio of investments in over 2,700 real estate locations in the United States, almost all of which are profit centers. Additional information about STORE Capital is available on its website at www.storecapital.com.
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CONTACT: Financial Profiles, Inc.
[email protected] Investors or media:
Moira Conlon, 310-622-8220
Lisa Mueller, 310-622-8231
KEYWORD: ARIZONA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: CONSTRUCTION AND PROPERTY REITs
SOURCE: STORE Capital Corporation
Copyright Business Wire 2021.
PUB: 09/15/2021 4:05 PM / DISC: 09/15/2021 4:06 PM
Copyright Business Wire 2021.