RPAI Appoints Paula Maggio To Serve As Executive Vice President, General Counsel And Secretary

OAK BROOK, Ill., April 27, 2016 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI or the "Company") announced today that Paula C. Maggio has been appointed to serve as Executive Vice President, General Counsel and Secretary, effective May 2, 2016.

Ms. Maggio will succeed Dennis K. Holland, who had previously announced that he would be retiring on June 30, 2016. In connection with Ms. Maggio's appointment, Mr. Holland will cease to serve as Executive Vice President, General Counsel and Secretary as of May 2, 2016; however he will remain employed by the Company through his originally planned retirement date to assist in the transition.

Before joining the Company, Ms. Maggio was the Executive Vice President, General Counsel and Secretary at Strategic Hotels & Resorts, Inc. where she served in various functions since 2000. Previously, Ms. Maggio practiced law with Altheimer & Gray, where she focused primarily on real estate and hospitality law. Ms. Maggio received a Bachelor of Arts and Juris Doctor, cum laude, both from the University of Illinois.

"We would like to thank Dennis Holland for his years of loyal service to RPAI shareholders. We are excited that he will be replaced by Paula Maggio, a proven General Counsel with a strong track record in our industry," stated Steven Grimes, president and chief executive officer. "We look forward to the Company's continued growth and believe Paula will be an excellent addition to our leadership team."

About RPAI

Retail Properties of America, Inc. is a REIT and is one of the largest owners and operators of high quality, strategically located shopping centers in the United States. As of December 31, 2015, the Company owned 198 retail operating properties representing 28.9 million square feet. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI. Additional information about the Company is available at www.rpai.com.

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SOURCE Retail Properties of America, Inc.

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