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American Assets (AAT) just unveiled an update.
Ernest S. Rady, the current Chairman and CEO of the Company, plans to assume the role of Executive Chairman from January 1, 2025. Adam Wyll, the current President and COO, will step up as the new CEO while maintaining his presidency role. These leadership changes come alongside anticipated new employment agreements for both executives. Additionally, the Company has released its financial results for the quarter ending June 30, 2024, which are available on its website but not filed with regulatory authorities or to be used in legal filings.
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