On January 13, 2012, the Board of Directors Orpheum Property Inc. named Morris Kahn, the company's Chief Executive Officer as President also. Mr. Kahn will not be paid any additional compensation for his role as President. Mr. Kahn replaces Michael Bowers, the former President and a director of Orpheum, whose agreement to serve in these capacities expired on January 1, 2012. On January 13, 2012, the board appointed Whitney O. Cluff, age 61, as a director of the company. Mr. Cluff has over thirty years of experience in commercial real estate and financing. Most recently, he is a Vice President in the retail, land, and investment department of Coldwell Banker Commercial (Utah) since 2004.