CIM Group expands board, appoints three new directors following resignation

CIM Group, Inc. has appointed three new directors to its board, following the resignation of Jason Schreiber. The new appointments include Avraham Shemesh, Shaul Kuba, and Alicia K. Harrison, all of whom bring extensive experience in real estate development, infrastructure, and lending. Ms. Harrison, who returns to the board after previously serving from 2016 to 2024, will be compensated under the company's standard arrangements for non-employee directors.

Mr. Shemesh and Mr. Kuba, both vice presidents of the company and co-founders of CIM Group, LLC, will not receive separate compensation for their board service. The new directors will serve until the next annual meeting of stockholders. The company's annual meeting is set for December 9, 2026.

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