March 28, 2024

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Retail Chance Investments Corp. Announces Variations to Board of Directors

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SAN DIEGO, March 02, 2021 (World NEWSWIRE) — Retail Option Investments Corp. (NASDAQ:ROIC) declared nowadays that Edward H. Meyer, a extended-tenured unbiased director, has advised the Board that he will not stand for re-election. Mr. Meyer will continue on to serve the company as director emeritus. In addition, Angela K. Ho, Senior Vice President and Chief Accounting Officer of OceanFirst Bank, has been elected as an independent director to the Board, efficient March 1, 2021.

Richard A. Baker, Chairman of the Board of ROIC, and Stuart A. Tanz, President and Main Government Officer of ROIC, alongside one another stated, “On behalf of the Board, we would like to specific our deepest, most honest gratitude to Mr. Meyer for his years of focused services, relationship back to ROIC’s inception. His management, business acumen and priceless contributions in excess of the many years have been instrumental in the company’s growth and success. We are very pleased that Mr. Meyer will go on to suggest the Board in his ability as director emeritus.” Baker and Tanz also said, “We are unquestionably delighted to welcome Angela to the Board. She is a distinguished and completed increasing leader in the banking and accounting industries who will no question be a precious asset to the Board and ROIC for years to come.”

Ms. Ho at the moment serves as Senior Vice President and Chief Accounting Officer of OceanFirst Lender. She earlier served as Vice President and Controller at Northfield Lender and Accounting Plan Supervisor at Signature Lender, right after setting up her career at KPMG in the New York Fiscal Providers Observe. Ms. Ho is a New York Licensed General public Accountant and a Chartered World wide Management Accountant. She is an active member of the American Institute of Qualified General public Accountants (AICPA) and at the moment serves on the AICPA Governing Council. Ms. Ho has been awarded American Banker’s 2020 Subsequent Checklist, Asian American Business Development Center’s 2018 Excellent 50 Asian Us citizens in Organization, and New Jersey Bankers Association’s 2015 New Leaders in Banking. Ms. Ho received a B.S. in Accounting from University of Massachusetts Amherst and an M.B.A. from The Wharton Faculty of the College of Pennsylvania.

ABOUT RETAIL Chance INVESTMENTS CORP.

Retail Chance Investments Corp. ( ROIC), is a fully-built-in, self-managed true estate financial investment have confidence in (REIT) that specializes in the acquisition, ownership and administration of grocery-anchored procuring facilities positioned in densely-populated, metropolitan markets throughout the West Coast. As of December 31, 2020, ROIC owned 88 purchasing centers encompassing about 10.1 million square toes. ROIC is the largest publicly-traded, grocery-anchored shopping heart REIT centered solely on the West Coastline. ROIC is a member of the S&P SmallCap 600 Index and has expenditure-grade corporate debt rankings from Moody’s Trader Companies, Normal & Poor’s, and Fitch Scores, Inc. Extra details is offered at: www.roireit.net.

When made use of herein, the phrases “believes,” “anticipates,” “projects,” “should really,” “estimates,” “expects,” “guidance” and comparable expressions are supposed to discover forward-wanting statements with the meaning of that phrase in Segment 27A of the Securities Act of 1933, as amended, and in Segment 21F of the Securities and Trade Act of 1934, as amended. Selected statements contained herein might represent “forward-searching statements” in the which means of the Personal Securities Litigation Reform Act of 1995. These types of ahead-hunting statements require regarded and mysterious dangers, uncertainties and other factors which might trigger the precise success of ROIC to vary materially from long run success expressed or implied by this kind of ahead-wanting statements. Information and facts about these kinds of hazards and variables is explained in ROIC’s filings with the SEC, such as its most new Once-a-year Report on Type 10-K, which is offered at: www.roireit.net.

Get in touch with:
Ashley Rubino, Trader Relations
858-677-0900
[email protected]

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