08:21 AM EDT, 07/10/2024 (MT Newswires) -- W. P. Carey (WPC) said Wednesday that President John Park will step down from his role, starting Sept. 30.
Park joined W. P. Carey in 1987 and will serve as a senior adviser to the company through February next year, W. P. Carey added.
The company also said that it will eliminate the separate role of president as Chief Executive Jason Fox will assume the title.