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GlobeNewswire·

Allied Announces CEO Transition and Further Board Renewal

  • Allied Properties Real Estate Investment Trust announced a coordinated CEO transition & Board renewal on Nov. 11, 2026.
  • The Board launched a search for a successor to President & CEO Cecilia Williams, who will remain in her role during the search.
  • Two new trustees, Leonard M. Abramsky & Dayna Gibbs, were appointed to strengthen real estate & capital markets expertise.
  • Hazel Claxton & Kay Brekken stepped down from the Board to focus on other commitments.
  • Donald Clow was appointed Vice-Chair & is expected to succeed the Chair after the May 2027 annual general meeting.
  • A majority of Board seats are expected to be held by new trustees following the May 2027 annual general meeting.
  • The company previously hired a new CFO & added two new trustees as part of its ongoing Strategic Plan.
  • The Board aims to resolve significant issues & improve financial performance for unitholders.
Company
Allied Properties REIT
Keywords
Toronto Stock Exchange:AP.UN, Allied Properties REIT