Don Clow, CEO and President of Crombie REIT for nearly 14 years, is retiring. Mark Holly will be assuming the position and guiding the trust moving forward. CrombieREIT | realestate realestatenews REIT
Long-time Crombie Real Estate Investment Trust President and CEO Don Clow announced his retirement on Wednesday evening, bringing an end to his more than 13-year tenure at one of the largest REITs in Canada.
Crombie says it engaged in “an extensive review of senior management roles, structure and succession planning” before selecting its new CEO: Mark Holly. Holly’s career includes positions with TACC Developments overseeing commercial and industrial development programs, and, most recently, at Empire where he worked as the Senior Vice President of Real Estate before being promoted to the Empire Executive Committee.
Holly expressed his enthusiasm for the new position, which he’s set to assume at the end of the month.
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