Business

InvenTrust Properties Corp. appoints two independent directors

Posted November 11, 2016 12:00 am

InvenTrust Properties Corp. in Oak Brook announced the appointment of Michael A. Stein and Scott A. Nelson to InvenTrust's Board of Directors.

Stein currently serves on the board of Apartment Investment and Management Co. and was formerly CFO of Nordstrom, Inc. and Marriott International, Inc. Nelson is a 35-year retail industry veteran who recently held various senior vice president positions at Target and the founding principal of SAN Prop Advisors, a retail real estate advisory firm. With the addition of these independent directors, InvenTrust's Board will be expanded from six to eight directors.

"Michael and Scott bring significant real estate and retail acumen to the Board," said Thomas P. McGuinness, president and CEO of InvenTrust. "We believe that Michael's financial expertise and Scott's years of relevant industry experience in retail and real estate will provide additional strength to the Board as we move forward in executing our strategic plan."

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