Cedar Shopping Centers appoints Mays chief financial officer

According to Cedar Shopping Centers, Inc., Phillip Mays joined the company recently as its chief financial officer. He will succeed Lawrence Kreider who will serve as a consultant to the company through the end of the year. Mays has significant experience as a financial and accounting executive over the past 19 years including extensive REIT and SEC experience. In his various positions, Mays has been involved in the financial aspects of strategic transactions and acquisitions, SEC reporting, corporate forecasting, coordination of external and internal audits, lease administration, tax and REIT compliance and treasury/cash management. Mays joins Cedar Shopping Centers after six years with Federal Realty Investment Trust. Prior to joining Federal Realty, Mays was vice president of finance and corporate controller for CRIIMI MAE, Inc. for period of one year. For seven years prior thereto, Mays was an accountant at Ernst & Young, LLP, achieving senior manager status at its office in Dallas/Fort Worth, Tex. Mays has been a CPA since 1993.