REAL ESTATE

Tanger Outlets elects David B. Henry to board

BY Jennifer Setteducato

Greensboro, N.C. — Tanger Factory Outlet Centers, Inc. announced the election of David B. Henry to its board of directors, effective Jan. 1.

Henry will retire from his current role as vice chairman of the board and CEO of Kimco Realty Corporation, effective Jan. 1. He joined Kimco, North America's largest publicly traded owner and operator of open air shopping centers, in April 2001 as vice chairman and chief investment officer, served as its president from December 2008 through August 2014, and has served as CEO since December 2009.

Prior to Henry's career at Kimco, he spent 23 years with G.E. Capital Real Estate, the last 5 years of which he served as senior VP and chief investment officer. During his tenure, he also served as chairman of G.E. Capital Investment Advisors.

"David's knowledge of the REIT industry, particularly the retail sector, will bring valuable perspective to our board," added Steven B. Tanger, president and CEO.

Henry is currently a Trustee of the International Council of Shopping Centers and also serves on the executive committee of the board of governors of the National Association of Real Estate Investment Trusts. His other public REIT board experience includes service on the boards of HCP, Inc. since January 2004 and VEREIT, Inc. since September 2015. Henry is also a director of Fairfield County Bank.

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