Thursday, December 15, 2011

Tanger Announces the Appointment of Chad D. Perry as EVP

Company Release - 12/12/2011 08:30

GREENSBORO, N.C., Dec. 12, 2011 (GLOBE NEWSWIRE) -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT) announced today that it has expanded its senior management team by appointing Chad D. Perry, 39, to the newly created position of Executive Vice President and General Counsel. He will report to Steven B. Tanger, President and Chief Executive Officer.

"Mr. Perry's legal background is impressive and demonstrates his value as a trusted business advisor on strategic initiatives including acquisition and development. He will advise our executive management team on legal matters including corporate governance and compliance, and will manage outside counsel relationships and Tanger's in house legal department," stated Steven Tanger.

Mr. Perry brings nearly 15 years of legal experience to Tanger, including both client-based and corporate counsel roles. Most recently he served as Executive Vice President and Deputy General Counsel for LPL Financial Corporation for the past five years. The company, whose shares are traded on the NASDAQ exchange, completed its initial public offering during his tenure. His responsibilities included corporate governance, executive compensation plans, strategic initiatives and public company matters including acquisitions and the development of new business lines. In addition, he managed all related outside counsel relationships.

Prior to LPL, Mr. Perry was Senior Corporate Counsel at EMC Corporation. In this role, he focused on corporate and securities matters, and advised management on potential acquisitions, investments, joint ventures, and the development and implementation of compensation practices.

Mr. Perry started his career in the Boston office of the international law firm Ropes & Gray, where he advised clients on a wide range of corporate transactions and compliance matters. He spent the last three of his eight years with the firm in San Francisco, a new firm office that he helped form.

Currently residing in the Boston area, Mr. Perry and his family will relocate to North Carolina, and he will be based out of Tanger's corporate headquarters office in Greensboro. Mr. Perry graduated from Princeton University with a B.A. and holds a J.D. from Columbia University. He is a member of both the Massachusetts and California bar associations.

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