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Scott's REIT appoints Teresa Neto as Chief Financial Officer
August, 2011
Scott's Real Estate Investment Trust today announced the appointment of Teresa Neto as Chief Financial Officer, effective September 7. Ms. Neto most recently held the role of Chief Financial Officer of Retrocom Mid-Market REIT - a TSX-listed REIT with market capitalization of approximately $250 million.
Ms. Neto will succeed Evelyn Sutherland, the current CFO of Scott's REIT. Ms. Sutherland has agreed to provide transition assistance after the appointment date.
"Teresa brings an impressive amount of experience to Scott's REIT," said John I. Bitove, Chairman and CEO of Scott's REIT. "Her knowledge and expertise in finance and strategic planning will be a huge asset to the company. Most importantly, her extensive background in the real estate sector will really help Scott's REIT grow with our small box strategy. I look forward to working with her as a key member of our senior management team."
Ms. Neto is a 1988 Chartered Accountant and holds a Bachelor of Arts degree from Laurentian University. She commenced her career at Touche Ross & Co. (a predecessor company of Deloitte) and spent nine years in the telecommunications industry where she held various senior Finance and Accounting positions, including Director, Treasury at MTS Allstream Inc. Ms. Neto also previously held the role of Vice President, Financial Reporting for The Real Property Association of Canada ("REALpac") - Canada's senior national industry association for owners and managers of investment real estate. |
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