Merriman Named CEO of Industrial for Black Creek Group, LLC
December 10, 2019
Dwight L. Merriman III, currently the Managing Director, Chief Executive Officer and Director of Black Creek Industrial REIT IV Inc. (the “Company”), has been named Chief Executive Officer of Industrial for Black Creek Group, LLC (“Black Creek Group”), an affiliate of the Company’s sponsor. In this role, Mr. Merriman will oversee the acquisition, asset management and portfolio management activities for all industrial investments across Black Creek Group-sponsored funds, including the Company. As a result, on December 9, 2019, Mr. Merriman announced to the Company’s board of directors (the “Board”) that he will step down as Managing Director, Chief Executive Officer of both Black Creek Industrial REIT IV Inc., and Black Creek Diversified Property Fund Inc. effective as of January 1, 2020, but will remain a director of Black Creek Industrial REIT IV, Inc. In connection with this announcement, on December 9, 2019, the Board appointed Jeffrey W. Taylor, as Managing Director, Co-President, and principal executive officer of both Black Creek Industrial REIT IV Inc. and Black Creek Diversified Property Fund, Inc., effective immediately.
Jeffrey W. Taylor, age 47, has served as Managing Director, Co-President of both nontraded REITs since December 9, 2019. Mr. Taylor has had a long tenure at the Company and is familiar with its day-to-day operations, having served as the Managing Director of Shareholder Operations and previously served as the REITs’ Senior Vice President of Shareholder Operations. Mr. Taylor has also served as Managing Director, Chief Operating Officer of Black Creek Group since 2017 and Senior Vice President of Operations of Black Creek Group since 2009.
Mr. Taylor’s background includes investment management, risk management, product management, operating company analysis and strategic planning within financial services companies. Prior to joining the Company and Black Creek Group, Mr. Taylor served in various positions with INVESCO Funds Group, most notably in management roles within the investment division and the distribution company as well as positions within the transfer agency. Mr. Taylor holds a Bachelor’s degree from Pennsylvania State University and a Master’s in Business Administration from the University of Colorado at Denver. In addition, Mr. Taylor is a CFA Charterholder.
Source: SEC
