Consolidated-Tomoka Land Co. Appoints Christopher W. Haga to its Board of Directors and Audit Committee of the Board
November 10, 2017 at 09:10 am
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On November 9, 2017 Mr. Christopher W. Haga was appointed to the Board of Directors of Consolidated-Tomoka Land Co. Subsequent to his appointment, the Board named Mr. Haga to the Audit Committee of the Board. Mr. Haga is a partner with Carlson Capital, L.P. Mr. Haga has served, and continues to serve, on a number of public and private company boards, including as chairman of the board of directors for Barbican Group Holdings Limited. The company expects the increase in the size of its Board to eight members resulting from Mr. Haga’s appointment will be temporary, as the Board continues in its efforts to maintain an appropriately-sized Board for the size of the company.
CTO Realty Growth, Inc. is a real estate investment trust that owns and operates a portfolio of retail-based properties located primarily in higher growth markets in the United States. The Company operates in four primary business segments: management services, commercial loans and investments, real estate operations, and income properties. The management services segment is a fee-based management business that is engaged in managing Alpine Income Property Trust, Inc. (PINE). The commercial loans and investments segment includes a portfolio of three commercial loan investments and one preferred equity investment, which is classified as a commercial loan investment. The real estate operations segment includes a portfolio of subsurface mineral interests associated with approximately 352,000 surface acres in 19 counties in the State of Florida and an inventory of mitigation credits. The Companyâs business also includes its investment in PINE.