Generation Income Properties Announces CFO And Treasurer Allison Davies To Depart The Co On Nov 15, 2023; Co Has Begun A Search To Identify Successor

Author: Benzinga Newsdesk | October 04, 2023 04:25pm

Generation Income Properties, Inc. (NASDAQ:GIPR) (the "Company") announced today that its Chief Financial Officer and Treasurer, Allison Davies will be departing the Company on November 15, 2023, or, if later, after the filing of the Company's Form 10-Q for Q3 2023, in order to work closer to where she resides in the Jacksonville, FL area.

Ms. Davies will remain in her roles until her final departure date, and the Company has begun a search to identify Ms. Davies' successor. David Sobelman, GIPR's President and CEO stated, "Allison has contributed so much to GIPR, but the Board and I understand that working from a distance is not an ideal scenario for either of us at this stage of the Company's growth. Allison's efforts were instrumental in having GIPR qualify for REIT status and in building out the accounting and finance function at GIPR, including a new ERP system, as well as providing guidance for us in our Investment Committee. We think the world of Allison and know that we'll both be cheering for each other in the future." Ms. Davies commented, "I will always be thankful for the opportunity GIPR has provided me and look forward to watching one of the most resilient and driven teams I have ever worked with continue to grow. Thank you to the GIPR team and Board for their support and understanding as I move into the next phase of my career.

Posted In: GIPR