Urstadt Biddle Properties Inc. Announces the Retirement of Charles J. Urstadt from the Board of Directors

GREENWICH, Conn.--(BUSINESS WIRE)--Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced that on December 18, 2019, Charles J. Urstadt, age 91, retired from the Board of Directors of the Company, concluding more than 30 years of service as a director. From 1986 to December 2018, he had served as Chairman of the Board of Directors, before stepping down from his role as Chairman but remaining on as a director. Charles D. Urstadt succeeded him as Chairman. Charles J. Urstadt also served as Chief Executive Officer from 1989 through 2013, when Willing L. Biddle succeeded him as President and Chief Executive Officer. Although no longer serving on the Board of Directors, Charles J. Urstadt will remain with the Company in a non-executive role and as Chairman & Director, Emeritus.