Safehold Inc. announced updates to its executive management team. Tim Doherty, EVP, Head of Investments, has been appointed Chief Investment Officer, and Steve Wylder, EVP, Investments, has been appointed EVP, Head of Investments, effective January 26, 2024. The Company's current President & Chief Investment Officer, Marcos Alvarado, will step down from the Company to pursue a professional opportunity at a private investment firm.

Mr. Alvarado will remain with Safehold through January 26, 2024 to ensure a smooth transition of his responsibilities. In his new role, Mr. Doherty will report directly to Mr. Sugarman and Mr. Wylder will continue to report directly to Mr. Doherty. In connection with his departure from the Company, Mr. Alvarado will also step down from his position as a member of the Company's Board of Directors.