Crombie Real Estate Investment Trust announced the appointment of Paul Beesley to its Board of Trustees, effective immediately. Mr. Beesley fills the vacancy from the recent retirement of Ms. Debra Hess, who departed in November 2018. Mr. Beesley most recently served as Chief Financial Officer of Hudson's Bay Company ("HBC") in New York from 2014 until 2017. During Mr. Beesley's tenure at HBC, he participated in both the creation of real estate joint ventures with Simon Property Group and RioCan REIT and the European acquisition of Galeria Kaufhof, which was largely funded through the sale of approximately 40 retail properties for €2.4 billion. He also led placement of a USD 1.25 billion, 20-year mortgage on the ground portion of the Saks Fifth Avenue in New York City. Prior to joining HBC, he held the position of Executive Vice President and Chief Financial Officer at Empire Company Limited. During his time at Empire, Mr. Beesley negotiated the acquisition of Canada Safeway in 2013, led the creation of Crombie in 2006, and served as an Empire-appointed Trustee of Crombie from 2009 to 2014.