STOCK TITAN

Regency Centers Announces New Roles and Responsibilities

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Regency Centers Corporation (NASDAQ: REG) announced organizational changes, promoting Scott Prigge to Managing Director of Property Operations and Barry Argalas to Senior Vice President of National Transactions and Investment Strategy. Scott has been with Regency since 1997, overseeing substantial property management, sustainability, and marketing efforts. Barry, a member since 1996, has played a vital role in acquisitions and M&A strategy, now taking a larger role in capital allocation. These promotions reflect their crucial contributions and commitment to Regency's success.

Positive
  • Promotions of key executives, indicating strong leadership continuity.
  • Scott Prigge oversees management of 50 million square feet, enhancing operational efficiency.
  • Barry Argalas' expanded role in capital allocation strategy may lead to better financial management.
Negative
  • None.

JACKSONVILLE, Fla., March 25, 2021 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency” or the “Company”) today announced recent organizational changes and promotions.

Scott Prigge has been promoted to Managing Director, Property Operations. Scott’s tenure with Regency began in March of 1997 as a Project Manager. He then progressed to Vice President of Eastern Operations in 2001. In 2008, he became Senior Vice President of National Operations where he was responsible for 50-million square feet of property and over 90 team members. He also currently oversees Regency’s sustainability, marketing, and environmental departments.

Barry Argalas is now Senior Vice President, National Transactions and Investment Strategy. Barry joined Regency in 1996 as an analyst. In 2003, he became Vice President of Transactions, and four years later was promoted to Senior Vice President of National Transactions. He has been overseeing all acquisition and disposition activity for Regency and played a key role in strategic M&A activity. Barry will now also play a more critical role in directing Regency’s capital allocation strategy.

“We are proud to recognize the contributions of Scott and Barry, who have been critical to the success of our company. The responsibilities of these positions are reflective of their abilities, successes, and dedication shown throughout their careers,” said Lisa Palmer, President and Chief Executive Officer.

About Regency Centers Corporation (NASDAQ: REG)

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent, infill suburban trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com.

Eric Davidson
904 598 7829
EricDavidson@RegencyCenters.com


Regency Centers Corporation

NASDAQ:REG

REG Rankings

REG Latest News

REG Stock Data

13.52B
180.08M
0.78%
101.46%
2.08%
REIT - Retail
Real Estate Investment Trusts
Link
United States of America
JACKSONVILLE