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Glimcher Names Thomas J. Drought, Jr. Executive Vice President

^{Published on 2011-01-04 17:40:23 - Market Wire}
 

COLUMBUS, Ohio--([ BUSINESS WIRE ])--Glimcher Realty Trust (NYSE: GRT) announced the promotion of Thomas J. Drought, to the position of Executive Vice President, Director of Leasing. In this pivotal role, TJ, as he prefers to be called will continue providing leadership to our leasing team as well as the entire company. Previously, TJ was Senior Vice President, Director of Leasing.

"TJ has been an integral part of the growth and success Glimcher has enjoyed throughout his tenure at the Company. This is a well deserved promotion and I am looking forward to his continued contributions and leadership"

TJ began his career with Glimcher in 1997 as Regional Leasing Director. In 2000, he assumed the title Vice President of Leasing and he was named Senior Vice President, Director of Leasing in 2002. TJ has played a critical role in the development of our key assets which has contributed to enhancing the quality of our mall portfolio while also directing the leasing policies and strategies of the company. In his new role, TJ will continue to direct, motivate and develop our leasing talent while focusing on improving systems, processes and other strategic business planning. TJ graduated from Southern Methodist University in Dallas, Texas with a Bachelor of Business Administration; he also is a Certified Leasing Specialist.

"I am very pleased to announce this promotion for TJ Drought," said Marshall A. Loeb, President and Chief Operating Officer. "TJ has been an integral part of the growth and success Glimcher has enjoyed throughout his tenure at the Company. This is a well deserved promotion and I am looking forward to his continued contributions and leadership," stated Mr. Loeb.

About Glimcher Realty Trust

Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of malls, which includes enclosed regional malls and open-air lifestyle centers as well as community centers. Glimcher^® is a registered trademark of Glimcher Realty Trust.

Glimcher Realty Trusta™s common shares are listed on the New York Stock Exchange under the symbol aGRT.a Glimcher Realty Trusta™s Series F and Series G preferred shares are listed on the New York Stock Exchange under the symbols aGRTPrFa and aGRTPrG,a respectively. Glimcher Realty Trust is a component of both the Russell 2000^® Index, representing small cap stocks, and the Russell 3000^® Index, representing the broader market.

[ www.glimcher.com ]