Genesis Land Development Corp. announced the following executive appointments effective immediately: Iain Stewart has been appointed President and Chief Executive Officer. Mr. Stewart has been an independent director of Genesis since August 2013, and was previously Vice Chair of the Board since May 12, 2017. Mr. Stewart remains as a member of the Board of Directors. Stephen J. Griggs has been appointed Executive Chair of the Board. Mr. Griggs has been a director and Chair of the Board since August 2013, and was previously Chief Executive Officer or interim CEO since February 2016. Mr. Griggs remains as a member of the Board of Directors.
Mr. Stewart's real estate experience spans 30 years including serving as co-CEO and co-founder of Calgary based Parkbridge Lifestyle Communities Inc. He is a Chartered Accountant and holds an ICD.D designation from the Institute of Corporate Directors and resides in Calgary, Alberta. With the appointment of Mr. Stewart as President and Chief Executive Officer, Mr. Michael Brodsky has been appointed to the Audit Committee to replace Mr. Stewart.