Press Release

Phillips Edison & Company Appoints David Wik to Senior Vice President of Acquisitions; Will Ponder Joins as Vice President of Acquisitions

Company Release - 1/17/2017 8:00 AM ET

CINCINNATI--(BUSINESS WIRE)-- Phillips Edison & Company (the “Company”) announced the appointments of David Wik to Senior Vice President of Acquisitions and Will Ponder to Vice President of Acquisitions.

Mr. Wik, previously Vice President of Acquisitions in Phillips Edison’s Southeast region, has been with the Company since 2010. During that time he has sourced the acquisition of more than 100 grocery-anchored assets representing over $1 billion of investments for the Company’s multiple REITs. Previously, Mr. Wik spent three years with the Company between 2003 and 2006 as an acquisitions officer where he sourced over $250 million for the Company’s value-add funds. His experience also includes four years with Midland Atlantic Development where he started and ran an acquisition platform for that company. Mr. Wik holds a Bachelor’s of Business Administration in Real Estate and Marketing from the University of Cincinnati.

“David Wik has played a large role in the company’s acquisition efforts and I’m pleased to have him in this new role as we continue to pursue aggressive growth plans,” said Bob Myers, Chief Operating Officer at Phillips Edison.

Will Ponder joins Phillips Edison as Vice President of Acquisitions, assuming Mr. Wik’s previous responsibilities in the Company’s Southeast region. Mr. Ponder brings with him extensive industry experience. He has been involved in the sale or acquisition of more than 5.5 million square feet of retail real estate and the execution of more than 840 leases. Prior to joining Phillips Edison, Mr. Ponder served as Senior Real Estate Advisor for the Sears Holdings Corporation and Founder and Chief Executive Officer of Adamant Energy. Prior to that, he spent nine years with EDENS, most recently as Vice President of Investments – Southeast. Mr. Ponder holds a Master’s Degree in Business Administration from the University of North Carolina and a Bachelor’s of Arts in Finance from Wofford College.

“I’m excited to be leading Phillips Edison’s acquisitions efforts during what will prove to be a monumental year for the company,” said Mr. Wik. “Will Ponder will be a great addition to our team. His industry expertise and proven track record will be an invaluable asset to us as we continue to expand our portfolios.”

About Phillips Edison & Company

Since 1991, Phillips Edison & Company has focused on the grocery-anchored shopping center sector. The company has a fully integrated in-house operating platform built on market leading expertise designed to optimize property value and consistently deliver a great shopping experience. Led by a veteran management team, Phillips Edison’s operating platform provides retail services including acquisition, redevelopment, leasing and management of grocery-anchored retail centers. The company’s portfolio currently includes a national footprint of retail properties. The company has corporate offices in Cincinnati, Salt Lake City, New York City and Atlanta. For more information, please visit www.phillipsedison.com or connect with us on LinkedIn.

Phillips Edison & Company
Cherilyn Megill, 801-415-4373
cmegill@phillipsedison.com
or
ICR
Angela Bonnici, 646-277-1276
PECOPR@icrinc.com

Source: Phillips Edison & Company