Sachem Capital CFO Nicholas Marcello resigns; board member Walraven appointed interim CFO

Sachem Capital Corp.

CFO Nicholas Marcello resigned Dec 10, effective Dec 31; no disagreement over accounting or financial reporting.
Board member Jeffrey C. Walraven appointed Interim CFO as of Dec 13; compensated $62,500/month as independent contractor.
Walraven resigns from Audit, Compensation and Nominating committees; remains on board.
Company has begun search for permanent CFO; Walraven brings REIT and public accounting experience.

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