Kennedy Wilson Announces Retirement of Mary Ricks as President and Transition Plan
14 Setembro 2023 - 5:15PM
Business Wire
Matt Windisch appointed President; Will work
alongside veteran management team with decades of experience
driving growth together at Kennedy Wilson
Global real estate investment company Kennedy Wilson (NYSE: KW)
today announced that after 33 years of dedicated service, Mary
Ricks has decided to retire as President of Kennedy Wilson and as
Director on the company’s Board. Mary will serve as a consultant to
Kennedy Wilson to aid in the transition.
“As my trusted partner and dear friend, Mary has made a
significant impact on me personally and has been instrumental in
growing our company from an entrepreneurial start-up into a global
real estate leader,” said Kennedy Wilson Chairman and CEO William
McMorrow. “I am grateful to have had the opportunity to work
side-by-side with Mary over the last three decades. She is a
fearless leader with a team-first attitude, and we will miss her
greatly.”
“Leading the teams at Kennedy Wilson, both in the U.S. and
Europe, has been a remarkable journey and a true honor,” said Mary
Ricks. “Launching the EU business, assembling a stellar team there,
taking it public, and then having the privilege to serve as KW
Europe's President and CEO are among the milestones I'm proud to
have achieved. The establishment of multiple investment platforms
with strategic partners in Irish PRS, UK/Irish Logistics and the
value add space stands as a testament to our team’s collective
efforts. I'm especially proud to have spearheaded initiatives like
KWW - Kennedy Wilson Women, championing Diversity, Equity, and
Inclusion. More than anything, it's the deep relationships forged
over decades that I cherish the most and am immensely grateful for.
I am very grateful to Bill for the opportunity and for our
friendship and partnership over these many years.”
Concurrently, former Executive Vice President Matt Windisch was
promoted to President of Kennedy Wilson. Matt Windisch joined the
company 17 years ago and has spearheaded strategic planning, public
markets activities, and overseen Kennedy Wilson’s expanding credit
business, which has grown to $7 billion in total gross commitments,
including future fundings and deals under contract. Matt has helped
raise over $15 billion for the company and its various platforms,
and he will continue to maintain many of the company’s key investor
and banking relationships as his responsibilities expand to
overseeing the commercial investment team and third-party capital
raising.
Former Head of UK Mike Pegler, who has been with Kennedy Wilson
for nearly a decade, will also assume a new role as President of
Kennedy Wilson Europe.
“Our senior management team has been working and investing
together for nearly 20 years and we have successfully grown the
company from approximately $6 billion to $25 billion in assets
under management since going public in 2009,” said William
McMorrow. “I am extremely confident in the strength of leadership
across all areas of our business, and the depth of our collective
expertise. Our team is energized about the next chapter at Kennedy
Wilson and focused on tackling the new opportunities we expect will
arise in the near term.”
About Kennedy Wilson
Kennedy Wilson (NYSE:KW) is a leading global real estate
investment company. The company owns, operates, and invests in real
estate through the balance sheet and through an investment
management platform across the Western United States, United
Kingdom, and Ireland. Kennedy Wilson primarily focuses on
multifamily and office properties as well as industrial and debt
investments in the investment management business. For more
information on Kennedy Wilson, please visit:
www.kennedywilson.com.
KW-IR
Special Note Regarding Forward-Looking Statements
Statements in this press release that are not historical facts
are “forward-looking statements” within the meaning of U.S. federal
securities laws. These forward-looking statements are estimates
that reflect our management’s current expectations, are based on
our current estimates, expectations, forecasts, projections and
assumptions that may prove to be inaccurate and involve known and
unknown risks. Accordingly, our actual results, performance or
achievement, or industry results, may differ materially and
adversely from the results, performance or achievement, or industry
results, expressed or implied by these forward-looking statements,
including for reasons that are beyond our control. Some of the
forward-looking statements may be identified by words like
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performance and involve a number of risks, uncertainties and
assumptions. We assume no duty to update the forward-looking
statements, except as may be required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230914848983/en/
Investors Daven Bhavsar, CFA Vice President of Investor
Relations +1 (310) 887-3431 dbhavsar@kennedywilson.com
Media Emily Heidt Vice President, Communications +1 (310)
887-3499 eheidt@kennedywilson.com
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