Two Carter Validus REITs Have New CEO
April 10, 2018 | Beth Glavosek | Blue Vault
Carter Validus Mission Critical REIT, Inc. (CVREIT) and Carter Validus Mission Critical REIT II, Inc. (CVREIT II) announced on April 10 that Michael A. Seton is now Chief Executive Officer of both REITs effective immediately following John E. Carter’s resignation. Mr. Carter will continue to serve as Chairman of the board of directors of CVREIT and CVREIT II, and Mr. Seton will continue to serve as a President of CVREIT and CVREIT II.
Carter stated, “I am delighted to turn over the day-to-day management of CVREIT and CVREIT II and their advisors to Michael, who has been an integral part of building the businesses. We have worked together since the inceptions of CVREIT and CVREIT II and as Co-Chief Executive Officers of CVREIT’s advisor and CVREIT II’s advisor since 2015. I look forward to continuing to serve as Chairman of the board of directors of CVREIT and CVREIT II and assisting the companies in any way possible.”
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