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Inland Real Estate Corporation Appoints Thomas P. D'Arcy Board Chairman; Names Mark E. Zalatoris President and CEO.

Publication: Business Wire
Publication Date: 21-APR-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
OAK BROOK, Ill. -- Inland Real Estate Corporation (NYSE: IRC) today announced the appointment of Thomas P. D'Arcy to non-executive Chairman of the Board of Directors, effective immediately. Mr. D'Arcy has served as an independent director and member of the audit committee since 2005. He assumes his new role from Daniel L. Goodwin, who has been Chairman since 2001. Mr. Goodwin will continue to serve as a director of the Company.

The Company also announced that Mark E. Zalatoris has been promoted to President and Chief Executive Officer of the Company, effective immediately. Mr. Zalatoris most recently served as Executive Vice President, Chief Operating Officer and Treasurer. He succeeds Robert D. Parks, who will remain on the board through the date of the 2008 annual shareholders meeting. Mr. Parks has chosen not to stand for re-election to the Board.

"I have worked closely with Tom D'Arcy on the...

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