Kite Realty Group promoted Heath R. Fear to president and chief financial officer, expanding his role from executive vice president and chief financial officer.
Fear, who joined the company in 2018, will keep reporting to Chairman and CEO John A. Kite. Thomas K. McGowan will remain president and chief operating officer.
The company said Fear will continue to lead financial initiatives while also overseeing investment strategy, joint venture relationships, and efforts tied to portfolio quality and growth.
Kite Realty said Fear has been instrumental in shaping strategy, strengthening the balance sheet, and driving capital allocation. The promotion comes as the company reported ownership interests in 169 U.S. open-air shopping centers and mixed-use assets totaling about 27.3 million square feet as of December 31, 2025.
The company's shares are now trading at a price of $23.63. For the full picture, make sure to review KITE REALTY GROUP TRUST's 8-K report.
