Morguard Corporation Announces Appointment of Angela Sahi as President and Chief Operating Officer

MISSISSAUGA, ON, March 26, 2024 /CNW/ - Morguard Corporation (TSX: MRC) is pleased to announce that Angela Sahi, CPA, has been appointed as its President and Chief Operating Officer, effective immediately. In this new role, Angela will oversee the company's operations and drive strategic initiatives aimed at enhancing Morguard's market position and delivering value to its stakeholders.

Angela most recently held the position of Executive Vice President, Residential, Office and Industrial. Angela has extensive real estate, mergers and acquisitions, governance, and risk experience in both Canada and the US, achieved through her time with Morguard and previously with a large public accounting firm.

"I would like to congratulate Angela on her well-deserved promotion to President and COO. Since assuming the role of Executive Vice President, and in her previous roles, she has been a key contributor to Morguard's leadership team, her strategic insights and expertise have been instrumental in shaping our success. I am confident in her abilities to lead our operations on a path of continued growth and achievement", said Rai Sahi, who continues as Chairman and CEO of Morguard.

The Board of Directors extends its congratulations to Angela on her appointment. "Angela's experience and proven leadership make her the perfect fit for this role. We have full confidence in her ability to drive Morguard forward and achieve our strategic objectives." 

"I am deeply honoured and excited to take on the role of President and COO at Morguard", said Angela Sahi. "I am grateful for the trust and support of the Board of Directors, and I am committed to leading Morguard toward continued growth and success. Together with our talented team, I look forward to capitalizing on new opportunities and delivering reliable performance to our investors, tenants, and partners.

Angela's appointment underscores Morguard's commitment to excellence and strategic leadership in the real estate sector. With her proven track record and visionary approach, Morguard is well-positioned to continue to navigate the evolving real estate landscape and to drive sustainable growth.

Morguard Corporation is a major North American real estate and property management company. It has extensive retail, office, industrial, and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT. Morguard also provides real estate management services to institutional and other investors. Morguard's owned and managed portfolio of assets is valued at $17.9 billion.

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SOURCE Morguard Corporation