Weekly Real Estate News
Kite Realty Group (NYSE: KRG), an Indianapolis-headquartered real estate investment trust focused on open-air shopping centers and mixed-use destinations, has promoted Heath R. Fear from executive vice president and chief financial officer to president and chief financial officer.
In his expanded role, Fear will continue to report to John A. Kite, chairman and CEO. Thomas K. McGowan will continue in his role as president and chief operating officer.
“Heath has played a critical role in shaping our strategy, strengthening our balance sheet, and driving disciplined capital allocation across the organization,” said Kite. “He is a trusted partner to me, our board, and the leadership team. This promotion reflects the tremendous impact he has had across the company and our confidence in his ability to help lead Kite’s next chapter.”
