{"id":5987,"date":"2022-05-03T02:18:50","date_gmt":"2022-05-03T07:18:50","guid":{"rendered":"https:\/\/1reason.com\/re\/regency-centers-announces-coo-retirement-and-succession-plan\/5987\/"},"modified":"2022-05-03T21:18:50","modified_gmt":"2022-05-04T02:18:50","slug":"regency-centers-announces-coo-retirement-and-succession-plan","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/regency-centers-announces-coo-retirement-and-succession-plan\/5987\/","title":{"rendered":"Regency Centers Announces COO Retirement and Succession Plan"},"content":{"rendered":"<div> Jim Thompson, Executive Vice President and Chief Operating Officer, has announced his retirement, effective December 31, 2022. Concurrently, the Company is pleased to announce the following executive management promotions, effective January 1, 2023:  <\/p>\n<ul type=\"disc\">\n<li style=\"margin-top:12pt;margin-bottom:12pt;text-align:justify\">Alan Roth, currently Senior Managing Director, East Region, will become Executive Vice President, National Property Operations and East Region President. Alan will be responsible for operations strategy and processes nationally, as well as overseeing execution of the operations and investment strategies in our Northeast and Southeast regions.<\/li>\n<li style=\"margin-top:12pt;margin-bottom:12pt;text-align:justify\">Nick Wibbenmeyer, currently Senior Managing Director, West Region, will become Executive Vice President, West Region President. Nick will be responsible for investment and development strategy and processes nationally, as well as overseeing execution of the operations and investment strategies in our West and Central regions.<\/li>\n<\/ul>\n<p align=\"justify\">\u201cJim embodies Regency\u2019s special culture every day, and I\u2019m proud to call him a mentor and a friend. He leaves behind a legacy that will endure in how we will continue to operate our business going forward,\u201d said Lisa Palmer, President and Chief Executive Officer. \u201cWe are so lucky to have two proven veterans in Alan and Nick, who have worked alongside Jim as regional leaders for many years. I\u2019m looking forward to a seamless transition as they both take on national strategic responsibilities, and to working with them even more closely as we continue to grow and thrive as a best-in-class owner, operator and developer of open-air shopping centers.\u201d<\/p>\n<p align=\"justify\">\u201cJim has been an important partner to me over his more than 40 years as a leader within the organization, and I\u2019m grateful to him for helping build Regency into the company it is today. His experience throughout real estate cycles, along with his industry expertise and reputation, have been vital to our success,\u201d said Hap Stein, Executive Chairman. \u201cAlan and Nick are indicative of Regency\u2019s deep bench of talented leaders, having already had an immense impact on how we run our business.\u201d<\/p>\n<p align=\"justify\">Alan Roth is currently Senior Managing Director of the East Region for Regency Centers, prior to which he was Managing Director of the Northeast, Mid-Atlantic and Southeast Regions. Alan has held various other leadership positions at the Company, including Senior Vice President and Senior Market Officer for the Mid-Atlantic and Northeast portfolio, and Vice President and Regional Officer. Alan joined Regency as a Leasing Agent in 1997 through the acquisition of Midland Development Group.<\/p>\n<p align=\"justify\">Nick Wibbenmeyer is currently Senior Managing Director of the West Region for Regency Centers, prior to which he was Managing Director of Florida and the Midwest Region. Nick has held various other leadership positions at the Company, including Senior Vice President and Senior Market Officer, Vice President and Market Officer, and Vice President of Investments. Nick joined Regency in 2005 as Manager of Investments for the Upper Midwest.<\/p>\n<p align=\"center\"><strong>About Regency Centers Corporation (Nasdaq:REG)<\/strong><\/p>\n<p align=\"justify\">Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&amp;P 500 Index member. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZNhmpvDNk_Sr_3A1SFrQyNvx9jJ_23B8x_SxH1ubuMcaKKFpaeBb7fUFf1fua2BxjdwED7YutWHcSMRK7QKtfFHOM2fZ0Z-mV3I6Q2iqCWU=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"RegencyCenters.com\">RegencyCenters.com<\/a>.<\/p>\n<p align=\"left\">Christy McElroy<br \/>904 598 7616<br \/>ChristyMcElroy@regencycenters.com<\/p>\n<p align=\"left\">Eric Davidson<br \/>904 598 7829<br \/>EricDavidson@regencycenters.com<\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/YzQ4OWM3OWQtZjIzZi00YWYxLTgyZjktNDA3YWUzMWVlNzQ3LTEwMjIwOTk=\/tiny\/Regency-Centers-Corporation.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"justify\">JACKSONVILLE, Fla., April 12, 2022 (GLOBE NEWSWIRE) &#8212; Regency Centers Corporation (\u201cRegency\u201d or the \u201cCompany\u201d) (Nasdaq:REG) today announced forthcoming changes to its executive management team.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5987"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=5987"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5987\/revisions"}],"predecessor-version":[{"id":5995,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5987\/revisions\/5995"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=5987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=5987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=5987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}