WINTER PARK, Fla. - CTO Realty Growth, Inc. (NYSE: CTO), a publicly traded real estate investment trust (REIT), announced the resignation of its Senior Vice President, Chief Financial Officer, and Treasurer, Matthew M. Partridge. Mr. Partridge will leave the company effective April 1, 2024, to join a new venture outside of the REIT industry.
During his tenure of over three years, Partridge played a significant role in the development of CTO's financial strategies, balance sheet management, and asset management approaches. His contributions have been acknowledged by John P. Albright, President and CEO of CTO Realty Growth, who stated that Partridge has been instrumental in the company's evolution and expressed his best wishes for Partridge's future endeavors.
Following his departure, Partridge has committed to assist with the company's first-quarter reporting to ensure a smooth transition. Meanwhile, CTO has initiated the search for a new CFO. The financial and accounting team, currently led by Vice President and Chief Accounting Officer Lisa Vorakoun, will continue to support the company's stability and growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.