Announces Addition of Edward Eickhoff as Executive Vice President,
Asset Management
ROYAL
OAK, Mich., Sept. 18,
2023 /PRNewswire/ -- Agree Realty Corporation
(NYSE: ADC) (the "Company") is pleased to announce that
effective today, Nicole Witteveen
has been promoted to Chief Operating Officer of the Company.
Concurrent with Mrs. Witteveen's appointment, Craig Erlich has been named Chief Growth
Officer. Additionally, Edward Eickhoff has joined the Company
as Executive Vice President, Asset Management.
Mrs. Witteveen will lead all aspects of the Company's Asset
Management, People and Culture, Information Technology, as well as
Strategic Initiatives. Prior to assuming the Chief Operating
Officer role, Mrs. Witteveen served as Executive Vice President,
People and Culture as well as Chief of Staff of the Company.
"Nicole's numerous accomplishments and tremendous operational
prowess make this promotion well deserved," said Joey Agree,
President and Chief Executive Officer. "She has been an integral
part of our Leadership Team and has thrived during her tenure at
our Company."
Additionally, the Company is pleased to announce that
Craig Erlich will be assuming the
newly created role of Chief Growth Officer. Mr. Erlich has
previously served as Chief Investment Officer and Chief Operating
Officer of the Company. In his new role, he will assume full
responsibility for the Company's three external growth platforms as
well as tenant relations.
"This shift will enable Craig to devote his full focus to our
growing lines of business that continue to see additional
opportunities from developers, retailers, owners and brokers
throughout the industry. I anticipate future growth in these
business lines as our vision to become a comprehensive solution for
leading retailers continues to materialize," said Mr. Agree.
In addition, Edward Eickhoff has
joined the Company as Executive Vice President, Asset Management.
In this new role, Mr. Eickhoff will be responsible for property
management, leasing, asset management administration and
disposition activities. He has nearly 40 years of industry
experience, most notably serving in numerous executive roles at RPT
Realty and its predecessor companies. Mr. Eickhoff will report
to Mrs. Witteveen.
"I am extremely pleased to welcome Ed to our team. I am
confident these changes, as well as Ed's addition, will position
our Company for 2024 and beyond. We are seeing tremendous
opportunity across a challenging landscape," remarked Mr. Agree.
"We are now best positioned to capitalize on these opportunities
while optimizing our portfolio management capabilities."
About Agree Realty Corporation
Agree Realty Corporation is a publicly traded real estate
investment trust that is RETHINKING RETAIL
through the acquisition and development of properties net leased to
industry-leading, omni-channel retail tenants. As of June 30, 2023, the Company owned and operated a
portfolio of 2,004 properties, located in 49 states and containing
approximately 41.7 million square feet of gross leasable area. The
Company's common stock is listed on the New York Stock Exchange
under the symbol "ADC". For additional information on the
Company and RETHINKING RETAIL, please visit
www.agreerealty.com.
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SOURCE Agree Realty Corporation