Brief: Melcor Developments Says Tim Melton Has Been Appointed Chief Executive Officer

Melcor Developments

09/11/2021 22:45

Nov 9 (Reuters) - Melcor Developments Ltd  MRD.TO :
    * MELCOR DEVELOPMENTS ANNOUNCES THIRD QUARTER RESULTS,
DECLARES
QUARTERLY DIVIDEND OF $0.12 PER SHARE, AND ANNOUNCES CEO
SUCCESSION PLAN
    * Q3 REVENUE FELL 23 PERCENT
    * MELCOR DEVELOPMENTS LTD - DARIN RAYBURN WILL CONTINUE TO
WORK
WITH MELCOR AND ASSIST WITH THIS TRANSITION UNTIL HIS RETIREMENT
DECEMBER 31, 2021 
    * MELCOR DEVELOPMENTS - NAOMI STEFURA, CO'S CFO PROMOTED TO
NEW
ROLE OF EXECUTIVE VICE PRESIDENT IN ADDITION TO HER ROLE AS CFO,
EFFECTIVE IMMEDIATELY
    * MELCOR DEVELOPMENTS LTD - QTRLY FFO PER SHARE $0.38 
    * MELCOR DEVELOPMENTS LTD SAYS TIM MELTON HAS BEEN APPOINTED
CHIEF
EXECUTIVE OFFICER AND EXECUTIVE CHAIRMAN OF THE BOARD
    * 

Source text for Eikon:  ID:nGNX67dhGl 
Further company coverage:  MRD.TO 

 ((Reuters.Briefs@thomsonreuters.com;))