Plymouth Industrial REIT, Inc. has announced the promotion of Anthony Saladino to the role of President and Chief Financial Officer. Saladino previously served as the Executive Vice President and CFO since February 2022, and before that, he held the positions of Chief Accounting Officer and Senior Vice President of Accounting.
During his tenure at Plymouth, Saladino has been credited with enhancing the company's balance sheet by securing well-laddered maturities, reducing borrowing costs, and significantly improving borrowing capacity. His leadership has also resulted in improvements in key financial and accounting processes, as well as strengthened engagement with the investment community.
Under Saladino's leadership, the company has witnessed positive changes in key financial metrics and operations. For example, the company's borrowing costs have decreased, and borrowing capacity has increased. Additionally, there have been advancements in capital allocation and asset management.
Saladino's extensive experience in leading finance and accounting teams in publicly traded companies, as well as in private real estate portfolio companies, has been highlighted as a valuable asset to Plymouth. His contributions are expected to lead to further improvements in capital allocation, asset management, and overall operations.
Plymouth Industrial REIT, Inc. is a full-service, vertically integrated real estate investment company focused on the acquisition, ownership, and management of single and multi-tenant industrial properties. Their mission is to provide tenants with cost-effective space that is functional, flexible, and safe. Today the company's shares have moved -0.1% to a price of $16.54. If you want to know more, read the company's complete 8-K report here.
