Silver Star Properties CEO resigns; President Wheeler named interim; reports $152M property sales

SILVER STAR PROPERTIES REIT, INC

Steven Treadwell resigned as CEO effective Oct 27, 2023; President David Wheeler appointed Interim CEO.
Company completed over $152M in property sales in 2023; expects ~$370M available funds for self storage investments.
Executive committee re-engaging search for permanent self storage CEO; also seeking additional operating support.
Strategy reaffirmed: reposition assets into self storage, leveraging Southern Star acquisition and recent sales.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed (interim)

David Wheeler

Interim CEO

SILVER STAR PROPERTIES REIT, INC

Filed: November 2, 2023, 7:59 PM ET

The Executive Committee of the Board of Directors of the Company (the “Committee”) has appointed David Wheeler, the Company’s current President, as Interim CEO.

Departed

Steven B. Treadwell

Chief Executive Officer

SILVER STAR PROPERTIES REIT, INC

Effective: 2023-10-27
Successor: David Wheeler
Filed: November 2, 2023, 7:59 PM ET

Steven B. Treadwell provided notice of his resignation as Chief Executive Officer (“CEO”) of Silver Star Properties REIT, Inc. (the “Company”), effective October 27, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

David Wheeler was appointed as Interim CEO at SILVER STAR PROPERTIES REIT, INC.

Action: appointed
Role: Interim CEO

Exact text from the filing

The Executive Committee of the Board of Directors of the Company (the “Committee”) has appointed David Wheeler, the Company’s current President, as Interim CEO.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Steven B. Treadwell resigned as Chief Executive Officer at SILVER STAR PROPERTIES REIT, INC.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Steven B. Treadwell provided notice of his resignation as Chief Executive Officer (“CEO”) of Silver Star Properties REIT, Inc. (the “Company”), effective October 27, 2023.

View on SEC.gov

Source: SEC EDGAR

accession 0001446687-23-000056

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