Regency Centers Announces COO Retirement and Succession Plan

 

Lisa Palmer

JACKSONVILLE, FL (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency” or the “Company”) (Nasdaq:REG) announced forthcoming changes to its executive management team.

Jim Thompson, Executive Vice President and Chief Operating Officer, has announced his retirement, effective December 31, 2022.

Jim Thompson

Concurrently, the Company is pleased to announce the following executive management promotions, effective January 1, 2023:

• Alan Roth, currently Senior Managing Director, East Region, will become Executive Vice President, National Property Operations and East Region President. 
• Alan will be responsible for operations strategy and processes nationally, as well as overseeing execution of the operations and investment strategies in our Northeast and Southeast regions.

Nick Wibbenmeyer

• Nick Wibbenmeyer, currently Senior Managing Director, West Region, will become Executive Vice President, West Region President. Nick will be responsible for investment and development strategy and processes nationally, as well as overseeing execution of the operations and investment strategies in our West and Central regions.

“Jim embodies Regency’s special culture every day, and I’m proud to call him a mentor and a friend. He leaves behind a legacy that will endure in how we will continue to operate our business going forward,” said Lisa Palmer, President and Chief Executive Officer.

Alan Roth

“We are so lucky to have two proven veterans in Alan and Nick, who have worked alongside Jim as regional leaders for many years.

"I’m looking forward to a seamless transition as they both take on national strategic responsibilities, and to working with them even more closely as we continue to grow and thrive as a best-in-class owner, operator and developer of open-air shopping centers.”

Hap Stein, Executive Chairman, commented,  “Jim has been an important partner to me over his more than 40 years as a leader within the organization, and I’m grateful to him for helping build Regency into the company it is today.

Hap Stein

"His experience throughout real estate cycles, along with his industry expertise and reputation, have been vital to our success.

“Alan and Nick are indicative of Regency’s deep bench of talented leaders, having already had an immense impact on how we run our business.”

Alan Roth is currently Senior Managing Director of the East Region for Regency Centers, prior to which he was Managing Director of the Northeast, Mid-Atlantic and Southeast Regions. 

Nick Wibbenmeyer is currently Senior Managing Director of the West Region for Regency Centers, prior to which he was Managing Director of Florida and the Midwest Region. 

CONTACT:

Christy McElroy
904 598 7616
ChristyMcElroy@regencycenters.com

Eric Davidson
904 598 7829
EricDavidson@regencycenters.com

RegencyCenters.com