This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Monmouth Real Estate Investment Corporation Announced The Appointment Of Michael P. Landy As President And Chief Executive Officer

FREEHOLD, N.J., April 9, 2013 /PRNewswire/ -- Monmouth Real Estate Investment Corporation (NYSE: MNR) announced today that Michael P. Landy has been appointed the Company's President and Chief Executive Officer.  In addition to his new role, he will continue to serve as Chairman of the Company's Executive Committee and as a member of the Company's Board of Directors.  Michael Landy succeeds Eugene W. Landy, his father, who has been President and Chief Executive Officer since 1968, and is the Founder of the Company. 

Michael Landy has been with the Company since 2001. He has served on the Board of Directors since 2007, as Chairman of the Executive Committee since 2010, and as Chief Operating Officer since 2011. Eugene W. Landy has served as President and Chairman of the Board since 1968, and will continue to be active in management as Chairman of the Board of Directors.  

Eugene Landy stated, "Michael has been a tremendous asset to Monmouth.  Under Michael's leadership, the Company has made enormous strides and I am extremely confident in his abilities. We are proud to announce his promotion to the position of President and CEO and I look forward to working alongside him for many years to come."  

Monmouth Real Estate Investment Corporation, which was organized in 1968, is a publicly owned real estate investment trust (REIT) specializing in net-leased industrial properties subject to long-term leases primarily to investment grade tenants.  The Company is a fully integrated and self-managed real estate company, whose property portfolio consists of seventy-two industrial properties and one shopping center located in twenty-six states.  In addition, the Company owns a portfolio of REIT securities.

SOURCE Monmouth Real Estate Investment Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs