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Gaming and Leisure Properties promotes Demchyk to Chief Investment Officer5 January 2021(PRESS RELEASE) -- Gaming and Leisure Properties, Inc. announced today that Matthew Demchyk has been named Chief Investment Officer. Mr. Demchyk’s new role is effective immediately and he will report directly to GLPI Chairman and Chief Executive Officer, Peter Carlino. Mr. Demchyk joined GLPI in February 2019 and most recently served as Senior Vice President of Investments. Peter Carlino stated, “Matthew is a talented executive with a deep understanding of the public REIT space and the capital markets. Since joining GLPI, he has distinguished himself as a creative strategic thinker, thoughtful steward of our balance sheet, and prudent allocator of capital. His differentiated background and ability to work constructively with our executive team has proven invaluable during these unprecedented times, as evidenced by the instrumental role he has played in conceptualizing and structuring the innovative Tropicana transaction with Penn National. In the Chief Investment Officer role, Matthew’s unique skillset and unwavering focus on long-term value creation will greatly benefit GLPI’s shareholders.” As Chief Investment Officer, Mr. Demchyk will lead GLPI’s investment strategy and be responsible for capital allocation, the evaluation of opportunities outside of the gaming sector, and the development of strategic relationships. Prior to joining GLPI, Mr. Demchyk was with Millennium Partners, where he served as Portfolio Manager of Real Estate Securities for over 9 years. Before Millennium, he oversaw a REIT investment strategy at Carlson Capital. He began his career at CenterSquare Investment Management, a leading REIT-dedicated asset manager, where he helped lead the team as Assistant Portfolio Manager. Matthew graduated summa cum laude with a Bachelor of Science degree in Business Administration and a concentration in honors studies from Villanova University, where he majored in Finance. He is also a CFA Charterholder. |