Rexford Industrial Realty announced the appointment of Michael Fitzmaurice as its new Chief Financial Officer (CFO), effective November 18, 2024. Mr. Fitzmaurice brings 25 years of experience in the public REIT sector, having most recently served as Executive Vice President and CFO of RPT Realty, where he played a key role in its merger with Kimco Realty.
Concurrently, Laura Clark, the company's current CFO, has been promoted to Chief Operating Officer (COO), also effective November 18, 2024. This strategic move is intended to leverage Ms. Clark's contributions over the past four years as CFO to drive value creation through the operational and growth segments of the business.
The executive changes are significant for Rexford Industrial as they aim to strengthen the leadership team and enhance strategic execution. Mr. Fitzmaurice's background in mergers and public REIT finance is expected to support the company's financial strategies, while Ms. Clark's new role as COO will focus on operational efficiency and growth initiatives within its infill Southern California markets.
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