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Wheeler appoints new member to its board of directors


Virginia, Beach, Va. -- Wheeler Real Estate Investment Trust announced it has appointed John McAuliffe to the company's board of directors, effective Dec. 2. McAuliffe returns to the company's board of directors after having previously served from November 2012 until April 2013. McAuliffe has over 36 years' experience in the financial services industry. In April 2013, he resigned from the company's board of directors to focus his efforts on investment banking with Newbridge Securities Corporation. Wheeler's board will increase to nine members with McAuliffe's appointment with six of those members being independent.

"We are pleased to have John return to the company's board. John has played a key role in our development and has been instrumental in Wheeler's success,” said Jon S. Wheeler, chairman and CEO. “We believe his background in the financial services industry, especially his experience in institutional sales and the capital raising process will again prove itself invaluable to our board."

Presently, McAuliffe serves as a lead investment banker with Newbridge Securities Corporation, a full-service securities brokerage and investment banking firm. Prior to joining Newbridge Securities Corporation in 2005, he ran his own consulting firm, which provided advisory and structural development services to the management of small to medium sized publicly traded companies. Throughout his career, McAuliffe has participated in excess of over 200 capital raises and has been involved in all aspects of the capital formation process serving in a variety of positions ranging from institutional salesman to the managing director of an investment banking firm.

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