Wayne L. Jacobs to Leave Allied
Wayne L. Jacobs, Executive Vice President, Acquisitions and Asset Management, has made the decision to leave Allied to pursue a career opportunity with a private equity firm based in Vancouver. He will remain with Allied for a period of time to assist in the transition of his responsibilities.
"Wayne has been my close friend and business partner for 23 years," said Michael Emory, President and CEO. "Since joining forces in 1992, we built a business that initially served private investors and, since Allied's IPO in 2003, has served public investors. The business we built has grown steadily over time and has served its investors very well. I'll miss Wayne's daily presence at Allied a great deal, but I understand and support his desire to pursue a very different and exciting career opportunity."
Allied also announced today that Tyrone Bowers, its current Managing Director, Leasing, has been promoted to the position of Vice President, Acquisitions, reporting to the President and CEO. In addition, Sarah Jane O'Shea, the current Director, Acquisitions and Asset Management, has been promoted to the position of Vice President, Asset Management, reporting to the Executive Vice President and COO.
"Tyrone and Sarah Jane have long been recognized as future leaders at Allied," continued Mr. Emory. "I'm delighted to see each of them take a major step forward today in that regard and have every confidence they'll continue to serve Allied and its unitholders exceptionally well."