Seritage Announces Leadership Change with New Interim CEO

Seritage ( (SRG) ) has shared an announcement.

On March 28, 2025, Seritage Growth Properties announced that Andrea L. Olshan will step down as CEO and President effective April 11, 2025, with Adam Metz appointed as Interim CEO. This leadership change aligns with the company’s strategic plan, which has seen its portfolio reduced significantly since 2022. The transition is part of Seritage’s ongoing efforts to streamline operations and pursue its shareholder-approved Plan of Sale, reflecting a shift in the company’s leadership needs.

More about Seritage

Seritage Growth Properties is a national owner and developer of retail, residential, and mixed-use properties in the United States. The company was primarily engaged in the ownership, development, redevelopment, disposition, management, and leasing of diversified retail and mixed-use properties. As of September 30, 2024, Seritage’s portfolio consisted of interests in 21 properties with approximately 2.7 million square feet of gross leasable area and 342 acres of land.

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