Seritage Growth Properties announced that the company will reorganize its operations following an asset-by-asset analysis led by recently appointed Chief Executive Officer and President, Andrea Olshan.
The company has appointed Mary Rottler as Chief Operating Officer; Andrew Galvin as Chief Investment Officer; Eric Dinenberg as Executive Vice President of Development; and Edouard Cuilhé as Chief Accounting Officer.
The Company is also taking further steps to restructure and realign its personnel throughout the organization.
Seritage plans to continue its portfolio analysis and finalize plans to optimize the value of its individual property assets through additional leasing to retail tenants, densification of sites, modifications and repurposing for other uses, large-scale redevelopments, partnerships and dispositions. Further details of these portfolio plans will be shared at later dates.