WINTER PARK, Fla. - Alpine Income Property Trust, Inc. (NYSE: PINE) disclosed today that Matthew M. Partridge, the company's Senior Vice President, Chief Financial Officer, and Treasurer, will resign effective April 1, 2024, to pursue an opportunity with a business outside the real estate investment trust (REIT) sector. Partridge has committed to assist with the first quarter reporting to facilitate a smooth transition.
The company has initiated the process to find a replacement for the CFO role. John P. Albright, President and CEO, expressed gratitude for Partridge's contributions, particularly highlighting his role in developing financial planning and analysis, capital markets, and financial reporting strategies, as well as assembling a strong finance and accounting team.
Partridge reflected on his tenure with satisfaction, citing the company's growth and achievements. Lisa Vorakoun, currently Vice President and Chief Accounting Officer, will lead the finance team. She has been with Alpine Income Property Trust since its establishment.
Alpine Income Property Trust invests in single-tenant net leased properties primarily leased to high-quality publicly traded and credit-rated tenants. The company aims to deliver risk-adjusted returns and dependable dividends.
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