The company said Folsom also will continue as president while Sims will remain board chairman and will advise on strategic matters and major transactions.
Scott Kucinski, currently vice president for operations and investor operations at Sotherly, will take over Folsom's former duties as COO in January while compliance officer Bert Kirkland will become general counsel, the company said.
Price: 6.59, Change: -0.05, Percent Change: -0.75
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