Ares Commercial Real Estate Announces Board Changes
Company Announcements

Ares Commercial Real Estate Announces Board Changes

Ares Commercial Real Estate Cor (ACRE) just unveiled an announcement.

Michael J Arougheti has decided not to seek re-election as a director at Ares Commercial Real Estate Corporation’s upcoming Annual Meeting, citing time constraints from other professional duties. His departure is amicable, with no disagreements over company matters. In his stead, the Board plans to nominate Bryan P. Donohoe, the current CEO, for the director position, following a recommendation from the nominating and governance committee.

Learn more about ACRE stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskAres Commercial Real Estate Reports Q3 2024 Results
TipRanks Auto-Generated NewsdeskAres Commercial Reports Q3 Loss, Focuses on Growth
TheFlyAres Commercial reports Q3 distributable EPS 7c, consensus 4c
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App