Easterly Government Properties announced that Darrell Crate, the co-founder and current chairman of the board, has been appointed as CEO, effective January 1, 2024. In connection with Crate’s appointment, William Trimble, III will retire from his position as president and CEO of Easterly effective December 31, 2023. As co-founder of the company and executive chairman of the board, Crate has played a crucial role in the development and execution of its operational strategy since inception. His transition to CEO ensures the company’s succession plan remains connected to Easterly’s foundational mission and values. William Binnie, currently the company’s lead independent director has been appointed chairman of the board of directors, effective January 1, 2024. Allison Marino, Easterly’s current chief accounting officer, or CAO, will assume the roles of CFO and CAO.
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