California + San Diego + Net Lease | June 23, 2023

Realty Income Promotes Corporate Finance Head to CFO

Net lease REIT Realty Income Corporation said Friday it would transition its CFO and treasurer roles from Christie Kelly to Jonathan Pong, currently the company’s head of corporate finance, effective Jan. 1, 2024. The decision to appoint Pong as the new CFO comes as Kelly has decided to retire at the end of the year and follows a planned succession process.

Since joining San Diego-based Realty Income in 2014, Pong has played a pivotal role in the company’s growth and has consistently demonstrated his expertise in financial management and strategic planning. In his current role as SVP and head of corporate finance, he oversees the company’s capital markets, derivatives, financial planning and analysis and investor relations functions, and has spearheaded key initiatives.

“This thoughtfully planned transition represents our commitment to harness the expertise and insights of a dedicated internal leader in a broader capacity, to bring sustainable leadership success by someone who has consistently demonstrated exceptional financial acumen and positively impacted our organization,” said president and CEO Sumit Roy.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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