Officers & Directors

 

 

Inland Real Estate Income Trust, Inc.

 

 

 

 

 
  • Mark E. Zalatoris

    President, Chief Executive Officer & Director

    Mark E. Zalatoris
    President, Chief Executive Officer & Director

    Mark E. Zalatoris is the President and Chief Executive Officer effective of Inland Real Estate Income Trust, Inc. Since 2018, Mr. Zalatoris has been the lead independent director of Parkway Bancorp and wholly owned subsidiary, Parkway Bank. Mr. Zalatoris served in progressively responsible C-suite leadership roles at Inland Real Estate Corporation (IRC), including as Chief Financial Officer, Chief Operating Officer, and ultimately served as president and chief executive Officer from 2008 to 2017. IRC was a REIT originally formed and sponsored by affiliates of the Business Manager. Mr. Zalatoris was instrumental in the formation and successful listing of IRC on the New York Stock Exchange (NYSE).

    During his time with Inland Real Estate Investment Corporation (Inland Investments), Mr. Zalatoris served as Vice President of Asset Management and Due Diligence, and as the lead manager for three public-registered mortgage funds. Before his career at Inland, Mr. Zalatoris worked at VMS Realty Partners as an AVP for limited partnership syndications and, prior to his career in real estate, he worked and practiced as a licensed CPA serving real estate accounts with Ernst & Young in Chicago.

    Mr. Zalatoris earned his undergraduate degree from University of Illinois, Urbana-Champaign and his Master of Accounting Science degree from University of Illinois, Urbana-Champaign.

  • Catherine L. Lynch

    Chief Financial Officer

    Catherine L. Lynch
    Chief Financial Officer

    Catherine L. Lynch has served as the chief financial officer of Inland Real Estate Income Trust, Inc. since April 2014, and a director of the Business Manager since August 2011. Ms. Lynch joined Inland in 1989 and has been a director of The Inland Group, Inc. since June 2012. She serves as the treasurer and secretary (since January 1995), the chief financial officer (since January 2011) and a director (since April 2011) of IREIC and as a director (since July 2000) and chief financial officer and secretary (since June 1995) of Inland Securities. She has also served as the chief financial officer of IRPT and the IRPT business manager since December 2013. She also served as the treasurer of the IRPT business manager from December 2013 to October 2014. Ms. Lynch also serves as the chief financial officer and treasurer (since October 2016) of InPoint and as the chief financial officer and treasurer of the InPoint advisor (since August 2016). Ms. Lynch also has served as a director of IPCC since May 2012. Ms. Lynch served as the treasurer of Inland Capital Markets Group, Inc. from January 2008 until October 2010, as a director and treasurer of Inland Investment Advisors, Inc. from June 1995 to December 2014 and as a director and treasurer of Inland Institutional Capital Partners Corporation from May 2006 to December 2014. Ms. Lynch worked for KPMG Peat Marwick LLP from 1980 to 1989. Ms. Lynch received her bachelor degree in accounting from Illinois State University in Normal. Ms. Lynch is a certified public accountant and a member of the American Institute of Certified Public Accountants and the Illinois CPA Society. Ms. Lynch also is registered with the Financial Industry Regulatory Authority, Inc. (“FINRA”) as a financial operations principal.

  • Cathleen M. Hrtanek

    Secretary

    Cathleen M. Hrtanek
    Secretary

    Cathleen M. Hrtanek has been the corporate secretary of Inland Real Estate Income Trust, Inc., and the secretary of the Business Manager, since August 2011. Ms. Hrtanek joined Inland in 2005 and is an associate counsel and vice president of The Inland Real Estate Group, Inc. In her capacity as associate counsel, Ms. Hrtanek represents many of the entities that are part of The Inland Real Estate Group of Companies on a variety of legal matters. She is also a member of the audit committee for a public partnership sponsored by IREIC. Ms. Hrtanek also has served as the secretary of the InPoint advisor since August 2016, as the secretary of IRPT and its business manager since December 2013, as the secretary of Inland Diversified from September 2008 through July 2014, and its business manager from September 2008 through March 2016, as the secretary of Inland Opportunity Business Manager & Advisor, Inc. since April 2009 and as the secretary of IPCC since August 2009. Prior to joining Inland, Ms. Hrtanek had been employed by Wildman Harrold Allen & Dixon LLP in Chicago, Illinois from September 2001 until 2005. Ms. Hrtanek has been admitted to practice law in the State of Illinois. Ms. Hrtanek received her bachelor degree from the University of Notre Dame in South Bend, Indiana and her law degree from Loyola University Chicago School of Law.

  • Daniel W. Zatloukal

    Senior Vice President

    Daniel W. Zatloukal
    Senior Vice President

    Daniel W. Zatloukal serves as executive vice president and head of asset and portfolio management for all investment programs sponsored by our sponsor, Inland Real Estate Investment Corporation (“IREIC”), a position he has held since 2015. He also serves as senior vice president of Inland Private Capital Corporation (“IPC”), an affiliate of IREIC, a position he has held since 2014. IPC offers replacement properties for Section 1031 exchange transactions as well as multiple-owner real estate investment solutions and as of September 30, 2021, has sponsored 279 private placement programs and has more than $9 billion in assets under management. Mr. Zatloukal was president of Inland Investment Real Estate Services, Inc. from October 2015 through June 2017 and was responsible for overseeing all of IREIC’s real estate services group, which includes property management, leasing and asset management for commercial and residential portfolios owned or managed by IREIC and its affiliates.

    Prior to rejoining Inland at IPC in 2013, Mr. Zatloukal served as vice president of capital markets at Jones Lang LaSalle in Atlanta. He received his bachelor’s degree in finance from the University of Illinois at Urbana-Champaign.

  • Robert D. Parks

    Chairman & Director

    Robert D. Parks
    Chairman & Director

    Robert D. Parks is a director and chairman of the board for Inland Real Estate Income Trust, Inc. Mr. Parks is a manager of The Inland Real Estate Companies, LLC and one of the original principals of The Inland Group, LLC. Mr. Parks has served as a director on multiple boards, including as chairman of Inland Real Estate Investment Corporation (the Company’s sponsor) from November 1984 to December 2016; chairman of the board of Inland Diversified Real Estate Trust, Inc. from June 2008 to July 2014; director of Inland Investment Advisors, Inc. from June 1995 to May 2013; chairman of the board of Retail Properties of America, Inc. from March 2003 to October 2010; director of Inland Securities Corporation from August 1984 to June 2009; director of Inland Real Estate Corporation from 1994 to June 2008, serving as chairman of the board from May 1994 to May 2004 and as president and chief executive officer from 1994 to April 2008; and chairman of the board of Inland Retail Real Estate Trust, Inc. from September 1998 to March 2006, serving as chief executive officer until December 2004.

    Mr. Parks earned his undergraduate degree from Northeastern Illinois University and his Master of Arts degree from the University of Chicago.

  • Lee A. Daniels

    Independent Director

    Lee A. Daniels
    Independent Director

    Lee A. Daniels has been an independent director of Inland Real Estate Income Trust, Inc. since February 2012. Mr. Daniels serves as Chairman of the Nominating and Corporate Governance Committee and a member of the Audit Committee. Mr. Daniels has also served on the Kite Realty Group (“Kite”) Board of Trustees since 2014 and is a member of the Kite Corporate Governance and Nominating Committee. Mr. Daniels served on the board of directors of Inland Diversified Real Estate Trust, Inc. (“Inland Diversified”) from its inception in 2008 until its merger with Kite in 2014.

    In February 2007, Mr. Daniels founded Lee Daniels & Associates, LLC, a consulting firm for government and community relations. Prior to that, Mr. Daniels was an equity partner at the Chicago law firm of Bell Boyd & Lloyd from 1992 to 2006, an equity partner at Katten, Muchin & Zavis from 1982 to 1991, and an equity partner at Daniels & Faris from 1967 to 1982. Mr. Daniels served as Special Assistant Attorney General for the State of Illinois from 1971 to 1974. He served as a member of the Illinois House of Representatives from 1975 to 2007, was the Republican Leader from 1983 to 1995 and 1998 to 2003, and was Speaker of the Illinois House of Representatives from 1995 to 1997.

    Mr. Daniels currently serves as Chairman of the Board of Directors of Haymarket Center, a not-for-profit drug and alcohol treatment center located in Chicago, Illinois. He served as the Chairman of the Presidential Search Committee for the College of DuPage from 2015 to 2016. He has previously served on the Elmhurst Memorial Healthcare Board of Trustees from 1981 to 2013, the Board of Governors from 1990 to 2013, and the Elmhurst Memorial Hospital Foundation Board from 1980 to 1984 and 2013. Other boards Mr. Daniels has served on include the Suburban Bank and Trust Company of Elmhurst Board of Directors from 1994 to 1996, the Elmhurst Federal Savings and Loan Association Board of Directors from 1991 to 1994, and the DuPage Easter Seals Board of Directors from 1970 to 1973.

    Mr. Daniels received his bachelor degree from the University of Iowa and his law degree from The John Marshall Law School in Chicago. He received a Distinguished Alumni Award from both The John Marshall Law School and the University of Iowa, and an Honorary Doctor of Laws from Elmhurst College.

  • Stephen Davis

    Independent Director

    Stephen Davis
    Independent Director

    Stephen Davis, has served as an independent director of Inland Real Estate Income Trust, Inc. since February 2012. Mr. Davis serves as a member of the Audit Committee and the Nominating and Corporate Governance Committee. Mr. Davis has over 30 years of experience in real estate development. Mr. Davis has been the president of The Will Group, Inc., a construction company, since founding the company in 1986. In his position with The Will Group, Mr. Davis was instrumental in the construction of Kennedy King College campus, located in Chicago, Illinois, and the coordination of the "Plan For Transformation" for Altgeld Gardens, a public housing development located in Chicago, Illinois. Since October 2003, Mr. Davis has also overseen property management operations for several properties owned by a family-owned real estate trust.

    Since March 2004, Mr. Davis has served as a director and the commissioner of aviation for the DuPage County Airport Authority, in DuPage County, Illinois, which oversees management of the DuPage County Airport, Prairie Landing Golf Course and the 500-acre DuPage County Business Park. From 2006 to 2016, Mr. Davis served as a director of Wheaton Bank & Trust, where he was a member of the loan committee, which was responsible for reviewing and analyzing residential and commercial loan portfolios, developer credentials and viability, home builders and commercial and industrial loans. Mr. Davis obtained his bachelor degree from the University of Tennessee, located in Knoxville.

  • Bernard J. Michael

    Independent Director

    Bernard J. Michael
    Independent Director

    Bernard J. Michael has been an independent director since September 2014. Mr. Michael serves as a member of the Audit Committee. Mr. Michael is a managing partner and founding member of AWH Partners, LLC, a privately held real estate investment, development and management firm. Since 2010, AWH has completed in excess of $400 million of hotel investments, and is managing or has completed hotel redevelopment projects totaling more than $100 million. In early 2012, AWH acquired Lane Hospitality, which it rebranded as Spire Hospitality, a top-tier national hospitality platform formed in 1980.

    Mr. Michael has over 25 years of experience as a real estate attorney working on sophisticated real estate transactions across all asset classes for some of the world's largest property owners, developers and lenders. Prior to founding AWH Partners, Mr. Michael was the founder and senior partner of Michael, Levitt & Rubenstein, LLC, a law firm focusing on real estate sales, acquisitions, development, leasing and financing. Mr. Michael and his team worked on some of the largest transactions in New York City, including the development of Time Warner Center and the Hudson Yards projects for The Related Companies. In addition, Mr. Michael and his firm represented developers on major multi-family, retail, office and hospitality projects in China, Saudi Arabia, and in most major cities across the United States.

    Prior to forming Michael Levitt, Mr. Michael was a partner in the Real Estate Group at Proskauer Rose, LLP. Prior to that, Mr. Michael was an attorney at Weil, Gotschal & Manges and Shea & Gould. Mr. Michael is a graduate of Brown University and New York University School of Law.

  • Gwen Henry

    Independent Director

    Gwen Henry
    Independent Director

    Gwen Henry has been an independent director since February 2012. Ms. Henry serves as Chairman of the Audit Committee and a member of the Nominating and Corporate Governance Committee. Ms. Henry currently serves as the Treasurer of DuPage County, Illinois, a position she has held since December 2006. In this position, Ms. Henry is responsible for the custody and distribution of DuPage County funds. In addition, since April 1981, Ms. Henry has been partner in Dugan & Lopatka, a regional accounting firm based in Wheaton, Illinois, and a member of the firm’s controllership and consulting services practice, where she specializes in financial consulting and tax and business planning for privately-held companies. Since December 2009, Ms. Henry has also served as a member of the Illinois Municipal Retirement Fund, a $35 billion fund which has in excess of $1.2 billion allocated to real estate investments. She has served as Board president of the fund, and is currently chair of the investment committee, is a member of the audit committee and serves on the legislative committee.

    Ms. Henry previously served as DuPage County Forest Preserve Commissioner (from December 2002 to November 2006) and as chair to the special committee responsible for the DuPage County Budget (from December 2002 to November 2004), and was a member of the DuPage County Finance Committee (from November 1996 to November 2002). Ms. Henry also has held a number of board and chair positions for organizations such as the Marianjoy Rehabilitation Hospital (as treasurer from June 2002 to May 2008), the Central DuPage Health System (as chairperson of the board from October 1995 to September 1999), and the Central DuPage Hospital Foundation (as director from October 2002 to the present). She was elected Mayor of the City of Wheaton, Illinois from March 1990 to December 2002.

    Ms. Henry received her bachelor degree from the University of Kansas, located in Lawrence. She is a certified public accountant, a designated certified public funds investment manager and a certified public finance administrator.

  • Judy Fu

    Vice President, Administration

    Judy Fu
    Vice President, Administration

    Judy Fu has served as the Vice President, Administration of Inland Real Estate Income Trust, Inc. since December 2021. Ms. Fu joined Inland in 2005, and currently serves as the Vice President of Inland Real Estate Investment Corporation (IREIC). As Chief of Staff, Ms. Fu provides organizational support to the Executive Management Team of IREIC and its subsidiaries so that they are better able to achieve the organization’s mission, strategic initiatives and financial objectives.

    Ms. Fu started her career at Inland in 2005 with Inland Mortgage Corporation as the Executive Assistant to its President. During her tenure at Inland Mortgage Corporation, Ms. Fu also served as Chief Compliance Officer for their Registered Investment Advisor subsidiaries. In 2010, Ms. Fu began working for IREIC as the Executive Assistant to its then CEO. While holding this position, she also acted as the Chief Compliance Officer for Inland Institutional Capital Partners from 2012 to 2014.

    Until May 2008, Ms. Fu was also the Administrator for the Chicago Real Estate Council, a non-profit networking organization for commercial real estate professionals in Chicago, IL. Ms. Fu holds FINRA Series 24, 63, 65 and 7 licenses and previously was a licensed Managing Real Estate Broker in the state of Illinois. Ms. Fu has a B.S. degree from Loyola University, Chicago.

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