Sachem Capital Corp. Announces Chief Financial Officer Transition

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Sachem Capital Corp. Announces Chief Financial Officer Transition

//business-finance.news-articles.net/content/202 .. nnounces-chief-financial-officer-transition.html

Published in Business and Finance on Friday, December 13th 2024 at 14:00 GMT by Business Insider
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Sachem Capital Corp. (NYSE: SACH) (the "Company"), a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property,

Sachem Capital Corp. announced a transition in its executive leadership, with John E. Warchol resigning as Chief Financial Officer effective June 21, 2024, to pursue other opportunities. Warchol will continue to serve as a consultant to the company until December 31, 2024, to ensure a smooth transition. Nicholas M. Marcello, who has been with Sachem since 2016 and currently holds the position of Chief Accounting Officer, will step into the role of Interim CFO. Marcello has extensive experience in financial reporting, accounting, and operations, having previously worked at CohnReznick LLP. The company expressed gratitude for Warchol's contributions and confidence in Marcello's ability to lead the finance team during this transition period.

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