EastGroup Properties, Inc. Announces Management Changes
December 09, 2019 at 09:25 pm
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On December 6, 2019, C. Bruce Corkern formally notified EastGroup Properties, Inc. that he would be retiring from his position as the company’s Senior Vice President, Chief Accounting Officer and Secretary of the Company, effective as on May 29, 2020. Mr. Corkern’s departure is not related to any issues involving the Company’s financial results, business practices, internal controls or financial reporting. On December 6, 2019, the company’s Board of Directors appointed Staci H. Tyler to the position of Senior Vice President, Chief Accounting Officer and Secretary, effective upon Mr. Corkern’s retirement. Ms. Tyler has served as the Company’s Controller since 2017 and Vice President since 2010. Ms. Tyler joined the Company in 2007 as Assistant Controller.
EastGroup Properties, Inc. is an internally managed equity real estate investment trust (REIT). The Company is focused on the development, acquisition and operation of industrial properties in Sunbelt markets throughout the United States, primarily in the states of Florida, Texas, Arizona, California and North Carolina. The Company owns approximately 510 industrial properties in 12 states. The Companyâs portfolio includes development projects and value-add properties in lease-up and under construction, including approximately 59.2 million square feet consisting of 470 business distribution properties containing 53.9 million square feet. It also has 17 bulk distribution properties containing 4.4 million square feet, and 23 business service properties containing 900,000 square feet.
EASTGROUP PROPERTIES, INC. 
