CTO Realty Growth (CTO) has provided an update.
Philip R. Mays has been appointed the new Senior Vice President, Chief Financial Officer, and Treasurer of CTO Realty Growth, Inc., effective June 17, 2024. With an extensive background in financial roles at prominent real estate investment trusts, Mays brings a history of leadership and expertise to his new position. His compensation package includes a substantial base salary, eligibility for annual incentives, long-term equity awards, and various benefits. Additionally, the employment agreement outlines severance terms and contains standard non-compete and confidentiality clauses.
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