Sachem Capital (SACH) is appointing board of directors’ member and audit committee member Jeffrey Walraven, Interim CDO. Nicholas Marcello, the Company’s CFO, informed the Company that he was resigning to pursue a non-REIT industry opportunity. Mr. Marcello will remain available through December 31, 2024 to provide assistance to ensure a successful and seamless transition. The company confirms that there are no disagreements with Mr. Marcello regarding the accuracy of the Company’s financial reporting or accounting practices. The company will begin its search for a new CFO immediately. Mr. Walraven will remain a member of the Company’s board of directors, but will resign as a member of the Audit, Compensation and the Nominating and Corporate Governance committees effective immediately.
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