Conor Fennerty has been driving SITE Centers Corporation's financial strategies since February 2021, bringing a strong finance background to the table. Under his leadership, the company pursued significant growth opportunities, including a plan to spin off its convenience retail properties...

Conor Fennerty has been driving SITE Centers Corporation's financial strategies since February 2021, bringing a strong finance background to the table. Under his leadership, the company pursued significant growth opportunities, including a plan to spin off its convenience retail properties into a separate public company called Curbline Properties, set to launch in October 2024. In his role as Executive Vice President and Chief Financial Officer, he was instrumental in executing leases that collectively represent about $14.2 million in annual rent as of late 2023. Interesting to note, Fennerty's total compensation for 2023 was approximately $594,930, which included his base salary and other benefits. He saw a dip compared to 2022 when he earned over $900,000, highlighting the stakes tied to performance in company operations. This reflects a focus on cash over stocks, aligning with his aim to maintain solid financial control. His tenure has not been without strategic actions; plans to boost the company’s leasing portfolio resulted in positive cash leasing spreads of nearly 30%. Overall, Conor is shaping the company into a proactive player in the retail real estate market, navigating financial challenges with a clear focus on growth.