Mark Goldberg to Resign from W.P. Carey
W.P. Carey (NYSE: WPC), publicly traded real estate investment trust and sponsor of non-traded investment programs, announced that Mark Goldberg is resigning as managing director and president of investment management to pursue other interests, according to a filing with the Securities and Exchange Commission. His resignation will be effective on July 10th.
Goldberg will also resign from his positions of chairman of the board of managers of WPC’s broker-dealer subsidiary, Carey Financial LLC, and as chief executive officer and president of Carey Credit Advisors LLC, the registered investment advisor for W. P. Carey.
Jason Fox, president of W. P. Carey, has been named chief executive officer and president of Carey Credit Advisors, while Trisha Miller will serve as chief executive officer of Carey Financial.
Goldberg also resigned as president of Carey Credit Income Fund, a non-traded business development company, as well as from each of its feeder funds. He is also an officer of various non-traded REITs sponsored by the company, including CPA:17 – Global, CPA:18 – Global, Carey Watermark Investors, and Carey Watermark Investors 2, but the companies have yet to notify the SEC if he intends to resign at this time.
Goldberg joined WPC in 2008 and previously served as president and chief executive officer of Royal Alliance Associates Inc., an independent broker-dealer. He joined the Investment Program Association’s board of directors in 2010, was named chairman in 2014, assumed the role of IPA’s chair emeritus in 2015, and received the IPA’s Lifetime Achievement Award in 2016. Goldman is also a founding member and former director of the Financial Services Institute.
