Jerry Kyriazis
About Jerry Kyriazis
Jerry Kyriazis, 56, has served as Inland Real Estate Income Trust, Inc. (INRE) Chief Financial Officer and Treasurer since May 2025. He is a CPA with an MBA from Northwestern University’s Kellogg School and a bachelor’s in accounting from Northern Illinois University; prior roles include senior finance leadership at Citadel LLC, Trizec Properties, LaSalle Hotel Properties, and PwC, and he has extensive Inland sponsor-side experience across multiple affiliated vehicles . INRE discloses no established public trading market for its common stock, making TSR not applicable; the proxy does not present company-level revenue or EBITDA performance metrics in relation to executive pay .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Inland Real Estate Investment Corp. (IREIC) and Inland entities (sponsor) | Senior VP, Director of Portfolio Finance serving Inland entities incl. INRE, InPoint, ALT REIT | 2018–present | Sponsor-side portfolio finance leadership supporting multiple Inland investment programs |
| ALT REIT (IPC Alternative Real Estate Income Trust, Inc.) | Chief Financial Officer | June 2023–present | CFO responsibilities for affiliated non-listed REIT; advisor CFO since Oct 2022 |
| MH Ventures Fund III, LLC | Chief Financial Officer & Treasurer; Business Manager CFO/Treasurer | Since inception (Sept 2022) | Finance leadership for affiliated investment vehicle |
| MH Ventures Fund II, Inc. | Chief Financial Officer & Treasurer; Business Manager CFO/Treasurer | Since inception (Sept 2020) | Finance leadership for affiliated investment vehicle |
| Citadel LLC | Director of Financial Reporting & Accounting Policy | 2007–2018 | Directed reporting and accounting policy at global hedge fund manager |
| Trizec Properties, Inc. | Vice President, Finance & Chief Accounting Officer | 2002–2007 | Finance and chief accounting leadership at public REIT predecessor |
| LaSalle Hotel Properties | Vice President, Controller | 1998–2000 | Controller responsibilities at lodging REIT |
| PricewaterhouseCoopers LLP | Various roles | 1990–1998 | Public accounting foundation; CPA accreditation |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| ALT REIT & its advisor | CFO (REIT); CFO of advisor | REIT CFO since Jun 2023; advisor CFO since Oct 2022 | Inland-affiliated vehicles |
| MH Ventures Fund III, LLC | CFO & Treasurer; Business Manager CFO/Treasurer | Since Sept 2022 | Inland-affiliated vehicle |
| MH Ventures Fund II, Inc. | CFO & Treasurer; Business Manager CFO/Treasurer | Since Sept 2020 | Inland-affiliated vehicle |
Fixed Compensation
- INRE does not compensate executive officers other than its CEO under a specific agreement; executive officers (including the CFO) are officers of IREIC or affiliates and are compensated by those entities for services rendered to INRE. For FY2024, no salary, bonus, or equity awards were granted to NEOs other than the CEO’s fee; the CFO received no disclosed INRE cash compensation .
- The board annually elects officers who may be terminated at any time; no employment contract terms for Kyriazis are disclosed by INRE .
Performance Compensation
- No equity awards (RSUs, PSUs, options) were granted to NEOs for FY2024, and there are no outstanding equity awards held by any NEOs as of December 31, 2024. Accordingly, no performance metrics, weightings, targets, payouts, or vesting schedules are disclosed for Kyriazis at INRE .
Equity Ownership & Alignment
| Item | As of | Value | Notes |
|---|---|---|---|
| Beneficial ownership (shares) | Sep 23, 2025 | — (none) | Listed as “—” in INRE beneficial ownership table |
| Percent of class | Sep 23, 2025 | <1% | “Less than 1%” noted for table entries; Kyriazis shows no holdings |
| Unvested RSUs/restricted shares | Dec 31, 2024 | 0 | No equity awards outstanding to NEOs |
| Options (exercisable/unexercisable) | Dec 31, 2024 | 0 / 0 | No option awards outstanding to NEOs |
| Stock ownership guidelines | — | Not disclosed | No company-specific ownership guideline disclosed for officers |
| Hedging/pledging | — | Hedging restricted; pledging not disclosed | Insider trading policy (IREIC/affiliates) restricts hedging/monetization transactions; pledging policy not disclosed |
There is no public trading market for INRE common stock, and INRE itself has not separately adopted specific practices on hedging/offsetting instruments given its non-traded status; IREIC-affiliate policies govern insiders .
Employment Terms
- Role start date: CFO & Treasurer since May 2025; board annually elects officers; terminable at any time .
- Severance and Change-in-Control: INRE is not obligated to pay any cash severance or other benefits upon a change in control; no equity award acceleration provisions exist because no equity has been issued to NEOs .
- Contracts: No INRE employment contract terms, non-compete, non-solicit, garden leave, or post-termination consulting arrangements are disclosed for Kyriazis .
- Clawbacks/tax gross-ups: Not disclosed for executive officers in the proxy .
Governance and Compliance Signals
- Section 16 compliance: INRE states all required Forms 3/4/5 for FY2024 were timely filed; no delinquent reports noted .
- Insider trading policy, code of ethics, non-retaliation policy are in place across INRE/IREIC affiliates and accessible via company website; waivers require board approval and would be disclosed .
Investment Implications
- Pay-for-performance alignment: Kyriazis’ INRE compensation is not company-paid; there are no INRE performance-based incentives, equity grants, or ownership stakes, which limits direct alignment to INRE shareholder outcomes and eliminates near-term insider selling pressure from vesting events .
- Retention risk: As an officer elected annually and compensated by IREIC/affiliates, retention depends more on sponsor-side economics and roles across multiple Inland programs than on INRE-specific incentives; no INRE severance or CIC cash obligations reduce downside for INRE shareholders but offer limited retention hooks tied to INRE performance .
- Trading signals: With no equity awards, options, or disclosed INRE share ownership for Kyriazis, there are no insider transactional signals (exercises, scheduled vesting) to monitor; anti-hedging restrictions further reduce hedging/monetization activity, and pledging is not disclosed .
- Execution record: Kyriazis brings deep finance and accounting leadership from global asset management and public REITs, plus multi-vehicle Inland sponsor experience, which is positive for operational rigor; however, the absence of INRE-linked at-risk pay or ownership dilutes direct incentive alignment to INRE-specific value creation .