W. P. Carey Inc. Announces Executive Leadership Restructuring
Company Announcements

W. P. Carey Inc. Announces Executive Leadership Restructuring

W. P. Carey Inc. (WPC) has shared an update.

W. P. Carey Inc. has announced a significant leadership change with President John J. Park stepping down on September 30, 2024. The company will not appoint a new President; instead, CEO Jason Fox will take on the role from October 1, 2024. Park will continue as Senior Advisor until February 2025 to help with the transition. He won’t get a cash severance but will keep vesting in his stock units. The details of this arrangement are outlined in a formal Separation Agreement.

Find detailed analytics on WPC stock on TipRanks’ Stock Analysis page.

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