Slate Office REIT (TSX: SOT.UN) (the "REIT"), an owner and operator of high-quality workplace real estate, today announced that Thomas Farley has resigned as Trustee and Chair of the Board of the REIT for personal reasons. Mr. Farley has served on the Board since May 2017 and has served as Chair of the Board since December 2020.
"I am proud of all we have accomplished in the last five years, reflected by the REIT’s strong track record of growth and delivering results,” Mr. Farley said. “While I wish my personal circumstances would have allowed me to continue to represent and serve unitholders, I am confident that under the leadership of our current management team and Board, the REIT's best days are ahead."
The Board of Trustees, on behalf of the REIT, would like to express its sincere gratitude to Mr. Farley for his exceptional contributions and leadership as Chair and Trustee.
Monty Baker has been appointed Interim Chair of the Board of Trustees. In addition, Michael Fitzgerald has been appointed Chair of the Investment Committee. As part of its ongoing refreshment process, the Board of Trustees will conduct a search for an additional Trustee to stand for election at its upcoming Annual and Special Meeting of Unitholders on March 28, 2023, at which time the REIT will also appoint a permanent Chair.