STORE Capital Corp., an internally managed net-lease REIT that invests in single-tenant operational real estate, announced that its board of directors has appointed president and COO Mary Fedewa to succeed Christopher Volk as CEO.
Fedewa co-founded STORE Capital in 2011, has served as a member of its board of directors since 2016, and was named COO in 2017. She was appointed to president in September 2020 and has played a key role in the company’s portfolio growth to nearly $10 billion in assets, while leading nearly all areas of operations, including acquisitions, servicing, portfolio management, information technology and real estate closing.
Volk will become executive chair of the board following Morton Fleischer’s transition to chair emeritus.
The company also announced the appointment of Catherine Rice to the role of lead independent director, consistent with its commitment to strong corporate governance. Rice has served as a director since 2017.