RioCan says Jonathan Gitlin will succeed Ed Sonshine as CEO next year

RioCan says Jonathan Gitlin will succeed Ed Sonshine as CEO next year
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TORONTO — RioCan Real Estate Investment Trust says Jonathan Gitlin, currently the trust’s president and chief operating officer, will succeed Edward Sonshine as chief executive next year.

Gitlin will become CEO effective April 1, 2021.

Sonshine is set to retire from the top job on March 31, 2021, and will become non-executive chairman of RioCan’s board of trustees.

Paul Godfrey, RioCan’s current chair, will step down and become lead trustee.

RioCan says Gitlin joined the trust in 2005 and held a series of key leadership roles before being appointed president and chief operating officer in March 2019.

RioCan is one of Canada’s largest real estate investment trusts.

This report by The Canadian Press was first published Oct. 21, 2020.

Companies in this story: (TSX:REI.UN)

The Canadian Press

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