InvenTrust appoints Robert A. Garechana to board
Garechana currently serves as CFO of Sun Communities and previously held executive finance roles at Equity Residential.
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Form Type
8-K
Rhea-AI Filing Summary
InvenTrust Properties Corp. expanded its Board from eight to nine members and appointed Robert A. Garechana as a director, effective immediately. He joins as an independent director and Audit Committee member, serving until the 2027 annual meeting and until his successor is duly elected and qualified.
Garechana is Executive Vice President and Chief Financial Officer of Sun Communities. At Equity Residential, he was Chief Investment Officer in 2025, Chief Financial Officer from 2018 to 2025, and Treasurer from 2008 to 2018. He will receive compensation on the same basis as the company's other non-employee directors under its Director Compensation Program.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Board size before appointment: 8 members
Board size after appointment: 9 members
Director term: Until the 2027 annual meeting and successor's election
+3 more
6 metrics
Board size before appointment
8 members
Before the Board's increase
Board size after appointment
9 members
After the Board's increase
Director term
Until the 2027 annual meeting and successor's election
Garechana's Board appointment
Chief Financial Officer at Equity Residential
2018 to 2025
Garechana's prior role
Treasurer at Equity Residential
2008 to 2018
Garechana's prior role
Chief Investment Officer at Equity Residential
2025
Garechana's prior role
Key Terms
independent director, Audit Committee, REIT, flexible capital structure
4 terms
independent director regulatory
"as an independent director and member of the Audit Committee"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
Audit Committee regulatory
"member of the Audit Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
REIT financial
"a real estate investment trust"
A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate, like shopping centers, apartments, or office buildings. For investors, REITs offer a way to invest in real estate without having to buy property directly, often providing regular income through dividends. They function like a mutual fund for real estate, making it easier for people to add property investments to their portfolio.
flexible capital structure financial
"maintaining a flexible capital structure"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who joined the IVT board, and what committee will he serve on?
Robert A. Garechana joined InvenTrust Properties Corp.'s Board as an independent director and member of its Audit Committee, effective immediately. He is to serve until the company's 2027 annual meeting of stockholders and until his successor is duly elected and qualified.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
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(Exact name of registrant as specified in its charter)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act: | ||||||||
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 4, 2026 , the Board of Directors (the “Board”) of InvenTrust Properties Corp. (the “Company”) increased the size of the Board from eight to nine members and appointed Robert A. Garechana to the Board effective immediately, to hold office until the Company’s 2027 annual meeting of stockholders and until his successor has been duly elected and qualified. The Board also appointed Mr. Garechana as a member of the Audit Committee of the Board.
There is no arrangement or understanding between Mr. Garechana and any other person pursuant to which Mr. Garechana was selected as a director. Mr. Garechana does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Mr. Garechana will be entitled to compensation for his service on the Board on the same basis as all other non-employee directors of the Company, pursuant to the InvenTrust Properties Corp. Director Compensation Program.
Item 7.01 - Regulation FD Disclosure.
On November 4, 2026 , the Company issued a press release announcing the appointment of Robert A. Garechana as a new director of the Board. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information set forth in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in this Item 7.01, including Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 - Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description | |||||||
99.1 | Press Release Issued on November 4, 2026 | |||||||
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: | November 04, 2026 | INVENTRUST PROPERTIES CORP. | ||||||||||||
By: | /s/ Christy L. David | |||||||||||||
Name: | Christy L. David | |||||||||||||
Title: | Executive Vice President, Chief Operating Officer, General Counsel & Secretary | |||||||||||||
NEWS RELEASE InvenTrust Properties Announces Appointment of Robert Garechana to Board of Directors DOWNERS GROVE, Ill – November 4, 2026 – InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced the appointment of Robert A. Garechana to its Board of Directors, effective immediately. Mr. Garechana brings extensive experience in real estate finance and investment, along with public-company leadership, to the InvenTrust Board of Directors. Mr. Garechana currently serves as Executive Vice President and Chief Financial Officer of Sun Communities, Inc., a real estate investment trust that owns and operates manufactured housing and recreational vehicle communities. Before joining Sun Communities, Mr. Garechana held several leadership positions at Equity Residential, including Executive Vice President and Chief Investment Officer in 2025, Chief Financial Officer from 2018 to 2025, and Treasurer from 2008 to 2018. His earlier roles included leadership positions in capital markets, financial reporting and SEC reporting. Mr. Garechana will join the Board as an independent director and member of the Audit Committee. “We are excited to welcome Bob to InvenTrust’s Board of Directors,” said DJ Busch, President and Chief Executive Officer of InvenTrust. “His extensive experience in finance, acquisitions, and strategic capital allocation will be a valuable addition to our Board. We look forward to benefiting from his perspective as we execute our growth strategy, expand our Sun Belt portfolio, and deliver long-term value to our stockholders.” Jay Whitehurst, Chairman of the Board, added, “Bob’s experience working with public company boards and audit committees makes him a strong addition to our Board. His financial expertise, as well as his deep background in corporate strategy, will be particularly valuable to the Company, and we look forward to Bob's contributions."
NEWS RELEASE Mr. Garechana also served as Treasurer and Vice Chairman of the Board of Directors of Upwardly Global, a national nonprofit that helps work-authorized immigrants and refugees enter the U.S. workforce. Mr. Garechana holds a B.B.A. from the University of Texas at Austin. “I am honored to join InvenTrust’s Board of Directors,” said Bob Garechana. “The Company’s focus on essential retail in Sun Belt markets provides a strong foundation for continued growth. I look forward to bringing my experience in real estate investment and finance to the Board as we work to create long-term value for stockholders.” About InvenTrust Properties Corp. InvenTrust Properties Corp. is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component. Management pursues the Company's business strategy by acquiring retail properties in Sun Belt markets, opportunistically disposing of retail properties, and maintaining a flexible capital structure. A trusted, local operator bringing real estate expertise to its tenant relationships, InvenTrust has built a strong reputation with market participants across its portfolio. For more information, please visit www.inventrustproperties.com. Forward-Looking Statements Disclaimer Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future and are typically identified by words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations. For further discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see our filings with the securities and Exchange Commission (“SEC”), including the Risk Factors included in our most recent Annual Report on Form 10-K, as updated by any subsequent Quarterly Report on Form 10-Q, in each case as filed with the SEC. InvenTrust intends that such forward-looking statements be subject to the safe harbors created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, except as may be required by applicable law. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Availability of Information on InvenTrust Properties Corp.'s Website and Social Media Channels
NEWS RELEASE Investors and others should note that InvenTrust routinely announces material information to investors and the marketplace using U.S. Securities and Exchange Commission filings, press releases, public conference calls, webcasts and the InvenTrust investor relations website. The Company uses these channels as well as social media channels (e.g., the InvenTrust X account (https://x.com/inventrustprop) and the InvenTrust LinkedIn account (linkedin.com/company/inventrustproperties) as a means of disclosing information about the Company's business to our colleagues, investors, and the public. While not all of the information that the Company posts to the InvenTrust investor relations website or on the Company’s social media channels is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media and others interested in InvenTrust to review the information that it shares on www.inventrustproperties.com/investor- relations and on the Company’s social media channels. For Additional Information Investor Relations Dan Lombardo Vice President of Investor Relations 630-570-0605 dan.lombardo@inventrustproperties.com