PHILADELPHIA--(BUSINESS WIRE)--
Independence Realty Trust, Inc. (NYSE:IRT) (“IRT”) announced today the appointment of Richard D. Gebert, former Managing Partner at Grant Thornton, as an independent director to the Company’s board of directors effective October 19, 2017. Mr. Gebert replaces Robert F. McCadden, a dedicated IRT board member since February 2011 who recently resigned from his position as independent director on amicable terms.
“Rick brings a wealth of experience to our board, as his deep expertise in accounting and financial services will make an immediate contribution to supporting our growth strategy,” said Scott F. Schaeffer, IRT’s Chairman and Chief Executive Officer. “Additionally, we would like to express our gratitude to Bob for his guidance and tremendous contribution to IRT over the past six years. We wish Bob continued success in his future endeavors.”
Mr. Gebert is an executive with over 35 years of experience in public accounting. He has served as a board and audit committee member of The Association of Corporate Growth (ACG Global), a membership organization focused on middle market growth since 2016. Prior to that, from 1995 to 2016, he was an audit partner of Grant Thornton LLP, a national accounting firm. In addition to serving as an audit partner with Grant Thornton LLP, Mr. Gebert held the following additional roles at Grant Thornton LLP: (i) member of the Senior Leadership Team from 2013 to 2016, (ii) East Region Managing Partner from 2011 to 2016, (iii) Managing Partner of Philadelphia Office from 1999 to 2011, and (iv) member of the Partnership Board from 2003 to 2011. Mr. Gebert began his tenured career as a Staff Accountant at AG Epstein Co in 1979, where he worked until the company merged with Grant Thorton. Mr. Gebert is a certified public accountant, and he holds a Bachelor of Business Administration from Temple University.
About Independence Realty Trust, Inc.
Independence Realty Trust (NYSE: IRT) is a real estate investment trust. Upon completion of the previously announced nine community portfolio acquisition, IRT will own and operate 55 multifamily apartment properties, totaling 15,165 units, across non-gateway U.S. markets, including Louisville, Memphis, Atlanta and Raleigh. IRT’s investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return of capital through distributions and capital appreciation.
Corporate Headquarters
Two Liberty Place
50 S. 16th
Street, Suite 3575
Philadelphia, PA 19102
267-270-4800
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