Income Opportunity Realty Investors Inc. filed SEC Form 8-K: Leadership Update
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SECURITIES AND EXCHANGE COMMISSION
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Section 5 – Corporate Governance and Management
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective May 28, 2024, the Board of Directors of Income Opportunity Realty Investors, Inc. (the “Company” or the “Issuer” or “IOR”) appointed Erik L. Johnson, age 56, President and Chief Executive Officer of the Company. Mr. Johnson has served as the Principal Executive Officer of the Company since the April 14, 2023 resignation of Bradley J. Muth, age 68, from the offices of President and Chief Executive Officer. Mr. Johnson had served as Executive Vice President and Chief Financial Officer of American Realty Investors, Inc. (“ARL”) and Transcontinental Realty Investors, Inc. (“TCI”) since August 2020 and of the Company since December 2021. He has also served Pillar Income Asset Management, Inc. (“Pillar”) as Executive Vice President and Chief Financial Officer since June 2020 and Interim President since April 2023. Pillar is the contractual Advisor to each of TCI, ARL and IOR. Prior to June 2020, Mr. Johnson was Vice President Financial Reporting at Macerich (NYSE:MAC) which is an owner and developer of major retail real estate and served as the Chief Accounting Officer of North American Scientific, Inc. He began his career as an auditor at PricewaterhouseCoopers and is a Certified Public Accountant.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, hereunto duly authorized.
Dated: May 28, 2024
INCOME OPPORTUNITY REALTY INVESTORS, INC. | |||
| By: | /s/ Erik L. Johnson | ||
| Erik L. Johnson, President and Chief | |||
| Executive Officer | |||