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Wheeler Real Estate Announces CFO Exit and Governance Changes

Story Highlights
  • Wheeler REIT faces a CFO departure and appoints Patrick Gundlach as Chief Accounting Officer and Treasurer.
  • Board changes include Kerry Campbell’s resignation and new governance roles for Rebecca Musser and Sydney Schlimgen.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wheeler Real Estate Announces CFO Exit and Governance Changes

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Wheeler Real Estate Investment ( (WHLR) ) has shared an update.

On March 10, 2026, Wheeler Real Estate Investment Trust, Inc. reported that its Chief Financial Officer would leave the company as of March 13, 2026, and that a search for a successor is underway. Effective March 14, 2026, the company appointed longtime employee Patrick Gundlach, previously Director of Financial Reporting and a certified public accountant, as Chief Accounting Officer and Treasurer, noting he has no related-party ties to management or the board.

In the same March 10, 2026 disclosure, board member Kerry Campbell tendered his resignation from the Wheeler board effective March 14, 2026, to focus on chairing subsidiary Cedar Realty Trust, with the company emphasizing his departure did not stem from any disagreements. Wheeler also strengthened its governance structure by naming director Rebecca Musser as chair of the Audit Committee and appointing employee Sydney Schlimgen as Corporate Secretary, both effective March 14, 2026, signaling continuity in oversight during the CFO transition.

The most recent analyst rating on (WHLR) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Wheeler Real Estate Investment stock, see the WHLR Stock Forecast page.

Spark’s Take on WHLR Stock

According to Spark, TipRanks’ AI Analyst, WHLR is a Neutral.

The score is held back primarily by elevated balance-sheet risk and weak technical trend signals. Offsetting factors include consistently positive operating cash flow, a 2025 return to profitability, and corporate actions that simplify the capital structure; valuation appears optically cheap but lacks dividend support.

To see Spark’s full report on WHLR stock, click here.

More about Wheeler Real Estate Investment

Wheeler Real Estate Investment Trust, Inc. is a real estate investment trust that owns, operates, and manages income-producing properties, with an emphasis on retail-focused assets through its subsidiaries such as Cedar Realty Trust. The company’s structure relies on an active board and specialized finance and accounting leadership to oversee reporting, governance, and capital allocation across its portfolio.

Average Trading Volume: 688,045

Technical Sentiment Signal: Sell

Current Market Cap: $2.22M

See more data about WHLR stock on TipRanks’ Stock Analysis page.

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