Agracel Announces Two Administrative Changes

(MATT KURLAND)

Matt Kurland has joined Agracel as Chief Financial Officer. Kurland is replacing retiring CFO Mike Mumm.

In his new role, Kurland is responsible for executing capital project financing wth investors and institutions, leasing activities, and creating value for external investors. He also directs the financial reporting, annual audit, and tax flings.

Kurland has more than 25 years of accounting and finance experience in the public and private sectors. Prior to joining Agracel, he worked for a variety of industry-leading domestic and international companies in the real estate, property management, corporate retail, and commercial banking space.

Kurland earned his MBA with honors from Lake Forest Graduate School of Management and his BA in accounting from Bradley University. He is also a CPA.

His professional affiliations include The Financial Executives Networking Group and the American Institute of Certified Public Accountants. He and his family volunteer at St. Joseph's Church and pack meals for the Feed My Starving Children organization.

(BRAD KOENIG)

With the change in leadership, the Agracel team also announced the promotion of Brad Koenig to Chief Accounting Officer. Koenig joined Agracel in 2007 where he has served as Controller for the organization. As Chief Accounting Officer, Koenig oversees all accounting functions for Agracel and its over 50 LLCs. He is also reponsible for the oversight of the Agracel accounting department. He maintains the Agracel Employee Stock Option plan and is an administrator of the Real Estate Management software. 

Koenig received his Bachelor of Science in Accounting from Illinois State University.

Agracel CEO Dean Bingham said, "We look forward to the experience and leadership that Matt brings to the table. He shares the same vision and drive as the rest of our team. Matt and Brad will prove to be a dymanic duo in our finance department as we continue the amazing growth of our company."