leadership
confidence high
sentiment neutral
materiality 0.20
Lightstone REIT elects Michael J. DeMarco to board, filling vacancy
Lightstone Value Plus REIT IV, Inc.
- DeMarco elected August 10, 2021 to fill vacancy from June 2021 passing of Edwin J. Glickman.
- Will serve on audit committee; receives $40,000 annual cash compensation as non-employee director.
- Former CEO of Mack-Cali Realty (2017-2020); prior senior roles at Vornado, Fortress, Lehman Brothers.
- No family relationships or material interests in any transactions with the company.