Tricon Capital Group Inc. announced that David Berman, Chief Executive Officer, is retiring as CEO effective March 10, 2015, and that Gary Berman, formerly President and Chief Operating Officer, has been appointed as President and Chief Executive Officer. David Berman will remain on the company's Board of Directors and will assume the role of Executive Chairman. He will also continue to be the Chair of the company's Investment Committee. David Berman co-founded Tricon in 1988 and, as its Chief Executive Officer. Prior to joining Tricon, Gary Berman held various positions in real estate development and finance with the
Canderel Group of Companies, the Blackstone Group and Goldman Sachs.