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BRIXMOR PROPERTY GROUP PROMOTES GREG FINLEY TO LEAD WEST REGION

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Brixmor Property Group (NYSE: BRX) has promoted Greg Finley to Executive Vice President - President, West, effective March 20, 2023. Finley, who joined Brixmor in 2014, will oversee more than 14 million square feet of open-air retail properties, focusing on long-term business plans including leasing and reinvestment activities. His leadership is expected to further enhance Brixmor's growth in the West region. Prior to this role, Finley held significant positions in retail development and construction with Luxottica and Lowe's. Brixmor operates 373 retail centers totaling around 66 million square feet in prime locations.

Positive
  • Promotion of Greg Finley to lead West region, indicating strong leadership continuity.
  • Finley has a successful track record in executing reinvestment strategies.
  • Focus on long-term business plans for over 14 million square feet of retail space.
Negative
  • None.

NEW YORK, March 15, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today the promotion of Greg Finley, an experienced real estate professional and respected leader, to Executive Vice President - President, West, effective March 20, 2023. In this role, he will oversee the development and execution of long-term business plans for more than 14 million square feet of open-air retail properties, including leasing, reinvestment, and specialty leasing activities. Mr. Finley will report to Brian T. Finnegan, Executive Vice President, Chief Revenue Officer and manage an established team of experienced leasing, property management, construction, and legal professionals.

"We are excited to announce Greg's promotion to lead our team in the West," commented Brian T. Finnegan, Executive Vice President, Chief Revenue Officer. "Greg has been instrumental in the successful execution of our reinvestment strategy in the West region, helping to create value for our shareholders while creating vibrant shopping centers that are home to thriving and relevant retailers. His natural leadership, retail experience, and operational expertise will help to further unlock growth opportunities in the West region while remaining focused on our vision to be the center of the communities we serve."

Mr. Finley joined Brixmor in 2014 as a senior construction professional in the Company's West region and was elevated to Vice President, Construction, West in 2016. Before joining Brixmor, he served as a Project Manager – Store Construction and Development for Luxottica Retail North America (a division of EssilorLuxottica), managing the retail development and construction program for the Western territory. Prior to joining EssilorLuxottica in 2013, he served as Executive Vice President for Southern California Soil & Testing (now Atlas Technical Consultants, Inc.). Previously, Mr. Finley spent eight years at Lowe's Companies, Inc. in various leadership positions, including Division Facilities Director, where he managed operational support for over 500 retail locations.

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ABOUT BRIXMOR PROPERTY GROUP
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 373 retail centers comprise approximately 66 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to over 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.

Brixmor announces material information to its investors in SEC filings and press releases and on public conference calls, webcasts and the "Investors" page of its website at https://www.brixmor.com. The Company also uses social media to communicate with its investors and the public, and the information Brixmor posts on social media may be deemed material information. Therefore, Brixmor encourages investors and others interested in the Company to review the information that it posts on its website and on its social media channels.

SAFE HARBOR LANGUAGE
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to the Company's expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the sections entitled "Forward-Looking Statements" and "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

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SOURCE Brixmor Property Group Inc.

FAQ

When was Greg Finley promoted at Brixmor Property Group?

Greg Finley was promoted on March 20, 2023.

What will Greg Finley oversee in his new role at Brixmor?

He will oversee the development and execution of business plans for over 14 million square feet of retail properties.

What experience does Greg Finley have before joining Brixmor?

Before Brixmor, Finley worked at Luxottica and held roles at Lowe's, managing retail development and construction.

What is Brixmor Property Group's stock symbol?

Brixmor Property Group's stock symbol is BRX.

How many retail centers does Brixmor operate?

Brixmor operates 373 retail centers totaling approximately 66 million square feet.

BRIXMOR PROPERTY GROUP INC.

NYSE:BRX

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