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W. P. Carey CFO to step down

W. P. CareyInc. CFO Hisham Kader is leaving the company and relocating toBoston to take the same position at an undisclosed private real estate company.

The company hired Korn Ferry to help it find a successor. Inthe interim, it named Chief Accounting Officer to take over as CFO.

Kader, who has been with W. P. Carey 2011, the company's CFO in 2015. Hisresignation is effective Oct. 14.

Sanzone will also replace Kader as CFO at W. P. Careyaffiliates Corporate PropertyAssociates 17 - Global Inc. and Corporate Property Associates 18 - Global Inc. on thesame date.