Nov
07
W.P. Carey Appoints New CEO
ByMark DeCesaris will retire as CEO in December. Current President Jason Fox, who has been with the company for 15 years, will take over the role.
Following the retirement of Mark DeCesaris, non-traded real estate investment trust W.P. Carey has promoted Jason Fox as its newest CEO, effective Dec. 31. Fox will also join the company’s board of directors.
“Jason’s expertise and tenure as head of the company’s global investments team uniquely positions him to lead W. P. Carey well into the future. Importantly, Jason’s appointment reflects the company’s investment-centric culture and ensures both continuity and stability going forward,” W.P. Carey Chairman Benjamin Griswold said in a prepared statement…