Retail Possibility Investments Corp. Announces Modifications to Board of Administrators Nasdaq:ROIC

SAN DIEGO, March 02, 2021 (World NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ:ROIC) declared right now that Edward H. Meyer, a long-tenured unbiased director, has encouraged the Board that he will not stand for re-election. Mr. Meyer will continue on to serve the enterprise as director emeritus. On top of that, Angela K. Ho, Senior Vice President and Main Accounting Officer of OceanFirst Financial institution, has been elected as an unbiased director to the Board, efficient March 1, 2021.

Richard A. Baker, Chairman of the Board of ROIC, and Stuart A. Tanz, President and Chief Govt Officer of ROIC, together mentioned, “On behalf of the Board, we would like to categorical our deepest, most sincere gratitude to Mr. Meyer for his yrs of devoted service, relationship back again to ROIC’s inception. His management, business enterprise acumen and a must have contributions about the years have been instrumental in the company’s expansion and results. We are incredibly happy that Mr. Meyer will go on to suggest the Board in his capacity as director emeritus.” Baker and Tanz also said, “We are totally delighted to welcome Angela to the Board. She is a distinguished and attained soaring chief in the banking and accounting industries who will no question be a beneficial asset to the Board and ROIC for years to occur.”

Ms. Ho now serves as Senior Vice President and Chief Accounting Officer of OceanFirst Financial institution. She earlier served as Vice President and Controller at Northfield Lender and Accounting Policy Supervisor at Signature Financial institution, immediately after starting her job at KPMG in the New York Fiscal Services Practice. Ms. Ho is a New York Qualified Public Accountant and a Chartered Worldwide Management Accountant. She is an active member of the American Institute of Licensed General public Accountants (AICPA) and at the moment serves on the AICPA Governing Council. Ms. Ho has been awarded American Banker’s 2020 Future Checklist, Asian American Company Growth Center’s 2018 Remarkable 50 Asian Americans in Small business, and New Jersey Bankers Association’s 2015 New Leaders in Banking. Ms. Ho gained 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 Prospect Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate expenditure have confidence in (REIT) that specializes in the acquisition, possession and management of grocery-anchored buying facilities located in densely-populated, metropolitan markets across the West Coastline.  As of December 31, 2020, ROIC owned 88 purchasing centers encompassing close to 10.1 million square ft.  ROIC is the largest publicly-traded, grocery-anchored shopping center REIT centered exclusively on the West Coast.  ROIC is a member of the S&P SmallCap 600 Index and has expenditure-quality company financial debt ratings from Moody’s Investor Expert services, Common & Poor’s, and Fitch Scores, Inc.  Additional info is obtainable at: www.roireit.internet.

When used herein, the words “thinks,” “anticipates,” “jobs,” “should really,” “estimates,” “expects,” “guidance” and equivalent expressions are meant to recognize ahead-searching statements with the this means of that time period in Area 27A of the Securities Act of 1933, as amended, and in Segment 21F of the Securities and Exchange Act of 1934, as amended. Particular statements contained herein might represent “forward-wanting statements” in just the which means of the Private Securities Litigation Reform Act of 1995. These kinds of forward-hunting statements contain recognized and unfamiliar threats, uncertainties and other elements which may possibly induce the actual final results of ROIC to vary materially from foreseeable future benefits expressed or implied by this kind of forward-on the lookout statements. Info regarding these kinds of challenges and aspects is described in ROIC’s filings with the SEC, which includes its most recent Annual Report on Type 10-K, which is accessible at: www.roireit.net.

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