W. P. Carey CFO Hisham Kader To Resign

(RTTNews) - W. P. Carey Inc. (WPC), an internally-managed global net lease real estate investment trust, announced that its Chief Financial Officer, Hisham Kader, is resigning from the position effective October 14, 2016. Kader will be relocating to Boston to assume the role as CFO of a private real estate company. The Company has engaged Korn Ferry in its search for a successor CFO.

ToniAnn Sanzone has been appointed interim CFO of W. P. Carey Inc., having served as its Chief Accounting Officer since 2015. Sanzone joined W. P. Carey in April 2013 as Global Corporate Controller. Prior to joining W. P. Carey, Ms. Sanzone served as the Corporate Controller at iStar Financial Inc., where she held various senior accounting positions from 2006 to 2013.