Inland Real Estate Names New Chairperson and CFO

The leadership changes aim to strengthen financial oversight and governance at the non-traded REIT.

May 06, 2025

Leadership Changes Announced

Inland Real Estate Income Trust, Inc. made a quick and decisive leadership transition earlier this month. On May 2, Robert D. Parks resigned from his role as Chairman of the Board and Director. He also stepped down as President and Director of IREIT Business Manager & Advisor, Inc., the trust’s business manager. These resignations took effect immediately. According to Inland, Parks’ departure wasn’t tied to any disagreements with the board or management.

New Chairperson Appointed

To fill the gap, the Board moved swiftly. Catherine L. Lynch, who had been serving as Inland’s Chief Financial Officer and Treasurer, stepped into Parks’ place. She was appointed to the Board and named Chairperson, also effective May 2. Her directorship runs through the 2027 Annual Meeting of Stockholders, unless a successor is named sooner.

Lynch’s new responsibilities required her to step away from her prior roles. The Board appointed Jerry Kyriazis to take over as Chief Financial Officer and Treasurer.

Background on New CFO

This wasn’t an unfamiliar move—Kyriazis already holds senior roles across Inland affiliates and brings a long track record in REIT and financial operations. Since joining Inland in 2018, he’s worked closely with a number of related entities, including ALT REIT and InPoint Commercial Real Estate Income, Inc.

Before Inland, Kyriazis held finance and accounting leadership roles at:

• Citadel LLC


• Trizec Properties, Inc.


• LaSalle Hotel Properties

He began his career at PricewaterhouseCoopers, earned his MBA from Northwestern’s Kellogg School of Management, and holds a bachelor’s in accounting from Northern Illinois University. He is also a licensed CPA.

Governance and Compensation

There’s no compensation tied to these changes. Lynch and Kyriazis are stepping into their new roles without new pay arrangements, and neither holds a financial interest in any company transaction—current or pending. Inland also confirmed that no outside parties were involved in the Board’s decisions.

The transitions reflect Inland’s effort to keep continuity across leadership, even as roles shift. With experienced executives stepping in, the company is positioning itself to maintain consistent oversight while reinforcing its internal leadership structure.