By Russ Wiles | The Republic
Phoenix-based Vereit Inc. recently turned a corner on its road to recovery, posting a rare if modest quarterly profit. But that achievement, symbolic as it might be, wasn’t something Glenn Rufrano highlighted in a recent meeting.
Rather, the relatively new chief executive officer of Arizona’s most valuable public real estate corporation cited a list of accomplishments that he considers more significant. These include improving the company’s portfolio of commercial properties, reducing debt, reinstating a dividend and repairing a tarnished image.
“We’re back to being a normal company,” said Rufrano in a recent interview. Outside investors, he said, “can look for us to grow again.”
