Kite Realty Group Trust announced the appointment of Heath R. Fear as its Executive Vice President and Chief Financial Officer. Mr. Fear is expected to join the company on November 5, 2018. Mr. Fear joins KRG from GGP Inc., where Mr. Fear currently serves as CFO.

Previously, Mr. Fear was CFO at Retail Properties of America Inc. from 2015 to 2017. Mr. Fear will report directly to Mr. Kite. Mr. Fear has over 20 years of experience in the real estate industry.

The company also announced the promotion of Wade Achenbach to Executive Vice President of Portfolio Management, a newly created position reporting directly to Mr. Kite. In this role, Mr. Achenbach will take responsibility for the operational performance and evaluation of the portfolio as the Company continues to transform its holdings. Mr. Achenbach joined KRG in October 2004 and has held various positions, most recently serving as the Company's Senior Vice President of Capital Markets and Corporate Treasurer.

Before joining KRG, Mr. Achenbach worked in the mergers and acquisitions group at Plexus Corp. and in the investment banking group at A.G. Edwards & Sons.