Hutton announced the appointment of Michael Deering as chief investment officer, effective April 1.
Mr. Deering joins Hutton with nearly 20 years of overall business experience, with more than 13 years of experience in commercial real estate and fund management. Before joining Hutton, Mr. Deering most recently served as senior vice president of Funds Management for Site Centers, where he oversaw the asset management, reporting, and investment management functions for a $4.0 billion portfolio of shopping centers. Prior to his time at Site Centers, Mr. Deering held numerous positions in the financial services industry. He graduated with a Bachelor’s in Accounting and holds a Master of Business Administration degree from Gannon University.
“The team and I are thrilled to have Mike join Hutton,” said Karen Hutton, founder, president and CEO of Hutton. “Mike’s initial focus will be on the expansion of our acquisition efforts, including stabilized operating assets and redevelopment opportunities, as well as overseeing our disposition activities. His experience, leadership, and management style will enable our teams to move fast and with precision, and we’re confident he’ll continue to move us forward in the right direction by driving smart investment decisions.”
The Deering family recently relocated to Signal Mountain, from Cleveland, Ohio, where he was an active member of his community. While in Cleveland, Mr. Deering served as an in-classroom volunteer and on the board for Junior Achievement of Greater Cleveland and is looking forward to becoming involved in Chattanooga and serving his new community.