RioCan Real Estate Investment Trust Announces Appointment of Susan McArthur to the Board of Trustees

Executive Summary

• RioCan Real Estate Investment Trust announced the appointment of Susan McArthur as a Trustee, effective immediately.
• Ms. McArthur will join the Board's Audit Committee and the Nominating, Environmental, Social and Governance Committee.

Key Details

• Appointee: Susan McArthur
• Role: Trustee of RioCan Real Estate Investment Trust
• Effective Date: Immediate
• Committee Assignments:
  • Audit Committee
  • Nominating, Environmental, Social and Governance Committee
• Appointee Background:
  • Over 25 years of investment banking and venture capital experience.
  • Extensive experience in financial services, real estate, insurance, technology, and capital markets.
  • Currently serves as a director of Great-West Lifeco.
  • Previous board and governance credentials span major Canadian public companies, Crown agencies, and not-for-profit organizations.

Notable Quotes

• "Susan brings an exceptional combination of board leadership, governance expertise and strategic insight gained through decades of service to public companies, government agencies and innovative growth businesses. We are confident that her breadth of experience across industries and her strong track record of oversight and stewardship will be invaluable as RioCan continues to execute on its long-term strategy and create sustainable value for our unitholders." — Ed Sonshine, Chairman of the Board