By Katherine Hamilton
FrontView REIT has fired its co-founder and co-chief executive, Randall Starr, for cause less than two months after naming him to the additional role of chief financial officer.
The Dallas real-estate investment trust said Monday the termination is effective immediately and comes after an audit committee investigation determined there was cause. The termination is unrelated to FrontView's business operations and financial results, it said.
Starr co-founded the business with Stephen Preston, and served as co-chief executive by his side. He has been involved in the company's portfolio since its inception in 2016.
Starr became CFO in April after Timothy Dieffenbacher resigned.
Before his time at FrontView, Starr oversaw TopGolf as chief operating officer and chief development officer.
Sean Fukumura was appointed as interim chief financial officer to succeed Starr. Fukumura, 42, has been serving as chief accounting officer since May and will continue fulfilling those responsibilities.
The company has begun a formal search for a permanent successor.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
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FrontView REIT has fired its co-founder and co-chief executive, Randall Starr, for cause less than two months after promoting him.
The Dallas real-estate investment trust said Monday the termination is effective immediately and comes after an audit committee investigation determined there was cause. The termination is unrelated to FrontView's business operations and financial results, it said.
Starr co-founded the business with Stephen Preston, and served as co-chief executive by his side. He has been involved in the company's portfolio since its inception in 2016.
In April, he also became chief financial officer, after Timothy Dieffenbacher resigned.
Before his time at FrontView, Starr oversaw TopGolf as chief operating officer and chief development officer.
Sean Fukumura was appointed as interim chief financial officer to succeed Starr. Fukumura, 42, has been serving as chief accounting officer since May and will continue fulfilling those responsibilities.
The company has begun a formal search for a permanent successor.
(END) Dow Jones Newswires
June 16, 2025 18:08 ET (22:08 GMT)
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