CALGARY, Alberta--(BUSINESS WIRE)--Walton Westphalia Development Corporation (the “Corporation”) is pleased to announce that Mr. Michael Maier has been appointed Chief Financial Officer and Corporate Secretary of the Corporation effective June 6, 2018. Mr. Maier is also the Chief Financial Officer of Walton Global Investments Ltd., having served in that capacity since April 1, 2018. Mr. Maier has been with the Walton group of companies for just over 5 years in increasingly progressive positions starting as the VP Finance of Walton Asset Management LP and most recently as the Chief Financial Officer of Walton Development and Management LP. Prior to joining the Walton group of companies, Mr. Maier had over 9 years of experience in commercial banking and real estate financing with two Canadian financial institutions.
The Corporation also announces that Ms. Michelle Cameron has resigned as Chief Financial Officer and Corporate Secretary of the Corporation. The board of directors thanks Ms. Cameron for all her contributions and wishes her well in her new endeavors.
The Corporation is managed by Walton Asset Management L.P. and the development of the project is managed by Walton Development and Management (USA), Inc., both of which are members of the Walton Group of Companies.
The Walton Group of Companies (“Walton”) is a multinational real estate investment, planning, and development group concentrating on the research, acquisition, administration, planning and development of strategically located land in major North American growth corridors.
Walton has been in business for over 35 years and takes a long-term approach to land planning and development. Walton’s industry-leading expertise in real estate investment, land planning and development uniquely positions Walton to responsibly transition land into sustainable communities where people live, work and play. Its communities are comprehensively designed in collaboration with local residents for the benefit of community stakeholders. Its goal is to build communities that will stand the test of time: hometowns for present and future generations.
This news release, required by Canadian laws, does not constitute an offer of securities, and is not for distribution or dissemination outside Canada. This news release contains forward looking information, and actual future results may differ from what is disclosed in this news release. The risks, uncertainties and other factors that could influence results are described in the prospectus and other documents filed with Canadian securities regulatory authorities and available online at www.sedar.com.