Alpine Income Property Trust Appoints Philip R. Mays as CFO

Alpine Income Property Trust, Inc. (NYSE: PINE) has announced the appointment of Philip R. Mays as Senior Vice President, Chief Financial Officer, and Treasurer, effective June 17, 2024.

Mays brings extensive experience to his new role, having recently served as CFO of Shadowbox Studios from September 2021 to February 2024. Prior to that, he was CFO and Executive Vice President at Cedar Realty Trust, Inc., a NYSE-listed retail REIT, from June 2011 to September 2021. His departure from Cedar coincided with the company’s strategic review and eventual sale. Before joining Cedar, Mays was the Chief Accounting Officer and Vice President of Finance at Federal Realty Investment Trust, another NYSE-listed retail REIT, from May 2005 to June 2011. Earlier in his career, he worked as an accountant at Ernst & Young LLP for seven years, supervising audits and assisting clients in real estate, construction, and hospitality, including public REITs. Mays holds a Bachelor of Science in Accounting and Finance from Jacksonville University and is a member of the American Institute of Certified Public Accountants.

In addition to his role at Alpine, Mays will also serve as Senior Vice President, CFO, and Treasurer of CTO Realty Growth, Inc. (NYSE: CTO), which externally manages Alpine. He will be based at the company’s headquarters in Winter Park, Florida. Upon Mays’s appointment, Lisa M. Vorakoun will resume her position as Senior Vice President and Chief Accounting Officer.

John P. Albright, President and CEO of Alpine, expressed enthusiasm about Mays’s appointment, citing his extensive public REIT experience and valuable connections within the retail shopping center REIT sector. Albright anticipates Mays’s contributions will significantly benefit both Alpine and CTO Realty Growth.

Have you read?
Best Fashion Schools.
Best Universities.
Best Medical Schools.
Best International High Schools.
Countries: Most Female Billionaires.