What's Happening?
Lineage, the world's largest global temperature-controlled warehouse REIT, has appointed Robb LeMasters as its new Chief Financial Officer, effective November 10. LeMasters succeeds Rob Crisci, who will remain in an advisory role during the transition.
LeMasters brings extensive experience in finance and executive leadership, having previously served as CFO of BWX Technologies. Additionally, Lineage has appointed Ki Bin Kim as Vice President of Investor Relations, who will lead the company's global investor relations strategy. Kim joins Lineage from Truist Securities, where he was managing director of U.S. REIT equity research.
Why It's Important?
The appointment of LeMasters and Kim is a strategic move to bolster Lineage's financial leadership as it continues to expand its operations globally. LeMasters' experience in managing complex financial operations is expected to enhance Lineage's ability to create long-term value for investors. Kim's expertise in the REIT landscape and his strong relationships within the investment community will be crucial in communicating Lineage's strategic vision to stakeholders. These leadership changes are likely to strengthen Lineage's position as a trusted partner in temperature-controlled warehousing and logistics.
