– USA, NY – Acadia Realty Trust (NYSE: AKR) today announced the appointment of Mark Denien to its Board of Trustees effective October 11, 2022.
“We are also delighted to welcome Mark to the Board. Mark brings substantial industry expertise in the financial, capital markets and accounting areas and his perspective and insights will be a great complement to the depth of competencies on the Board as we continue to execute our long-term strategy,” said Lead Trustee, Lee Wielansky.
Mark Denien will also join the Audit Committee.
The Company also announced that Lorrence Kellar will retire from the Board effective as of the 2023 AGM.
About Mark Denien
Mark Denien has over 20 years of financial experience in real estate investment, having served multiple executive roles from 2005 to October 2022 at Duke Realty Corporation, a publicly traded REIT in the S&P 500 prior to its recent merger with Prologis. Mr. Denien most recently served as EVP, and CFO of Duke Realty, a role he held since 2013. As CFO, Mr. Denien oversaw all financial functions for the company, including capital markets, accounting, taxation, investor relations, treasury, and information technology. Prior to being named CFO, Mr. Denien was SVP, CAO. Mr. Denien is also a Certified Public Accountant, and prior to joining Duke Realty, he was an audit and advisory partner for KPMG, LLP, focused on the real estate and construction industries. He began his career with KPMG in 1989.
About Acadia Realty Trust
Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – Core Portfolio and Fund – operating platforms and its disciplined, location-driven investment strategy. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nation’s most dynamic corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.
For more information: https://www.acadiarealty.com/
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