leadership
confidence high
sentiment neutral
materiality 0.45
Phillips Edison appoints former President Devin Murphy to Board, expanding to 10 members
Phillips Edison & Company, Inc.
- Board size increased from 9 to 10; Murphy appointed effective July 2, 2024.
- Murphy served as President from August 2019 to December 2023 and as CFO from June 2013 to August 2019.
- He retires from the company on July 1, 2024, and will not be an independent director.
- Murphy brings 27 years' investment banking experience at Morgan Stanley and Deutsche Bank; over 500 transactions totaling $400B.
- He also chairs Apartment Income REIT (AIRC) and serves on CoreCivic (CXW) board.