Mark J. DeCesaris
W. P. Carey
World
Mark J. DeCesaris has been appointed chief executive officer, effective immediately. He is currently a director of the company and its former chief financial officer. He succeeds Trevor P. Bond, who has stepped down as CEO and a director of the company to pursue other interests. Mark has served on the W. P. Carey board of directors since 2012, and was previously an executive of the company, from 2005 until 2013, including the company's chief financial officer. He brings over 30 years of operational, financial and leadership expertise, having served in executive positions at several companies, including Southern Union Company, Penn Millers Insurance Company and Penn Software.
W. P. Carey has also announced that it is continuing to review a range of strategic alternatives and is being advised by J.P. Morgan Securities in this process.
