Effective as of May 16, 2013, Boris Korotkin, 40, was appointed as executive vice president of ARC Realty Finance Trust, Inc. to bolster the Company's management team. Mr. Korotkin will serve as the Company's executive vice president until his successor is duly elected and has qualified to serve in that capacity. Mr. Korotkin replaces Imran Ahmed, who resigned from his capacity as the Company's executive vice president on May 16, 2013.

Boris Korotkin has served as senior vice president for American Realty Capital since January 2013 and previously served as vice president of American Realty Capital from its inception in April 2008 until December 2012.