Retail Opportunity Investments Corp. Announces Adjustments to Board of Administrators Nasdaq:ROIC

SAN DIEGO, March 02, 2021 (Globe NEWSWIRE) — Retail Prospect Investments Corp. (NASDAQ:ROIC) declared nowadays that Edward H. Meyer, a very long-tenured independent director, has advised the Board that he will not stand for re-election. Mr. Meyer will go on to serve the organization as director emeritus. In addition, Angela K. Ho, Senior Vice President and Main Accounting Officer of OceanFirst Financial institution, has been elected as an impartial director to the Board, successful March 1, 2021.

Richard A. Baker, Chairman of the Board of ROIC, and Stuart A. Tanz, President and Main Executive Officer of ROIC, collectively mentioned, “On behalf of the Board, we would like to specific our deepest, most sincere gratitude to Mr. Meyer for his yrs of committed support, courting back again to ROIC’s inception. His leadership, small business acumen and a must have contributions around the several years have been instrumental in the company’s progress and achievements. We are extremely pleased that Mr. Meyer will carry on to suggest the Board in his capability as director emeritus.” Baker and Tanz also mentioned, “We are certainly delighted to welcome Angela to the Board. She is a distinguished and attained soaring chief in the banking and accounting industries who will no doubt be a worthwhile asset to the Board and ROIC for decades to occur.”

Ms. Ho currently serves as Senior Vice President and Chief Accounting Officer of OceanFirst Lender. She earlier served as Vice President and Controller at Northfield Financial institution and Accounting Plan Supervisor at Signature Financial institution, just after commencing her vocation at KPMG in the New York Economical Providers Follow. Ms. Ho is a New York Qualified General public Accountant and a Chartered World-wide Administration Accountant. She is an active member of the American Institute of Certified General public Accountants (AICPA) and at this time serves on the AICPA Governing Council. Ms. Ho has been awarded American Banker’s 2020 Following List, Asian American Company Development Center’s 2018 Fantastic 50 Asian People in america in Business, and New Jersey Bankers Association’s 2015 New Leaders in Banking. Ms. Ho been given a B.S. in Accounting from University of Massachusetts Amherst and an M.B.A. from The Wharton College of the College of Pennsylvania.

ABOUT RETAIL Opportunity INVESTMENTS CORP.

Retail Option Investments Corp. (NASDAQ: ROIC), is a totally-integrated, self-managed true estate financial commitment believe in (REIT) that specializes in the acquisition, possession and management of grocery-anchored searching centers located in densely-populated, metropolitan markets across the West Coastline.  As of December 31, 2020, ROIC owned 88 buying centers encompassing close to 10.1 million square feet.  ROIC is the largest publicly-traded, grocery-anchored purchasing center REIT targeted exclusively on the West Coast.  ROIC is a member of the S&P SmallCap 600 Index and has investment decision-grade corporate financial debt ratings from Moody’s Trader Expert services, Regular & Poor’s, and Fitch Scores, Inc.  Additional details is accessible at: www.roireit.web.

When made use of herein, the phrases “believes,” “anticipates,” “assignments,” “should,” “estimates,” “expects,” “guidance” and related expressions are intended to identify forward-searching statements with the indicating of that term in Part 27A of the Securities Act of 1933, as amended, and in Part 21F of the Securities and Exchange Act of 1934, as amended. Selected statements contained herein may perhaps constitute “forward-looking statements” inside the indicating of the Private Securities Litigation Reform Act of 1995. This sort of ahead-on the lookout statements require regarded and mysterious hazards, uncertainties and other variables which could result in the precise outcomes of ROIC to differ materially from long run effects expressed or implied by these types of ahead-hunting statements. Info with regards to such risks and things is described in ROIC’s filings with the SEC, which include its most the latest Yearly Report on Variety 10-K, which is available at: www.roireit.internet.

Contact:
Ashley Rubino, Investor Relations
858-677-0900
[email protected]