2023-03-21 03:40:08 ET
- Madison Pacific Properties ( OTCPK:MDPCF ) notifies that Mr. Marvin Haasen, President and CEO of the company, has decided to retire effective July 17, 2023.
- Mr. Haasen has been President and CEO of the company for over ten years, providing loyal service to stakeholders over his tenure.
- Mr. Haasen will also retire from the board effective July 17, 2023.
- The board also reports that Mr. John DeLucchi will assume the role of President and CEO of the company effective July 17, 2023.
- Mr. DeLucchi, who is the company’s Chairman of the board, including having spent the past three years as President and CEO of Madison Venture Corporation, the company’s largest shareholder, and over 35 years with PwC.
- Mr. Haasen will continue to work at the company until October 31, 2023 where he will work closely with Mr. DeLucchi and the company’s management team to provide an effective and smooth transition of his responsibilities to Mr. DeLucchi.
For further details see:
Madison Pacific Properties appoints John DeLucchi as President and CEO