Seritage Growth Properties (SRG) Announces CEO Transition Amid Asset Sale Strategy

Mar 28, 2025

Seritage Growth Properties (SRG, Financial) has revealed that CEO and President Andrea Olshan will step down from her roles and the Board by April 11, 2025. Adam Metz, the current Board Chairman and an independent board member since 2022, will take over as interim CEO and President on the same date. This leadership transition accompanies Seritage's ongoing strategy to downsize its portfolio as part of a shareholder-approved asset sale plan, reducing its holdings from approximately 160 to 15 properties since March 2022.

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