TORONTO, ONTARIO--(Marketwire - Oct. 7, 2008) - Calloway Real Estate Investment Trust (TSX: CWT-UN.TO) reported details today of its new management structure.
Simon Nyilassy, Calloway's president and CEO, is now directly overseeing the Trust's operating and development activities, and Bart Munn, the Trust's CFO is overseeing investment and acquisition activities, in addition to his existing responsibilities for accounting and finance. Rudy Gobin has been appointed as Calloway's Strategy Officer, reporting directly to Mr. Nyilassy. The board of directors would like to acknowledge the past contributions of its executive team in growing Calloway to become one of Canada's largest REITs. Daniel Kumer, formerly Vice President Acquisitions, has joined SmartCentres in a similar role. Marc Charlebois, formerly the Chief Operating Officer, is pursuing other interests. The Toronto Stock Exchange neither approves nor disapproves of the contents of this Press Release.ContactsSimon NyilassyCalloway Real Estate Investment Trust
President and Chief Executive Officer
(905) 326-6400 x 7649
Bart Munn
Calloway Real Estate Investment Trust
Chief Financial Officer
(905) 326-6400 x 7631
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