On December 13, 2016, the board of directors of Inland Real Estate Income Trust, Inc. appointed Mitchell A. Sabshon, current chief executive officer and a member of the Board, to also serve as president effective December 31, 2016. Mitchell A. Sabshon, 63, has been a director since September 2014 and chief executive officer since April 2014. Mr. Sabshon has also served as a director of business manager since October 2013. Mr. Sabshon is also currently the chief executive officer, president and a director of sponsor, Inland Real Estate Investment Corporation, positions he has held since August 2013, January 2014 and September 2013, respectively. He is a director and the president and chief executive officer of Inland Residential Properties Trust, Inc. and its business manager, positions he has held since December 2013. Mr. Sabshon has also served as a director of Inland Private Capital Corporation since September 2013 and a director of Inland Securities Corporation since January 2014.