American Realty Capital Properties Inc. announced that it replaced its chief financial officer and chief accounting officer after it discovered that key parts of its financial statements were incorrect. Chief Financial Officer Brian Block and Chief Accounting Officer Lisa Pavelka McAlister resigned on October 28, 2014. Michael Sodo, 36, was named chief financial officer and Gavin Brandon, 38, was named chief accounting officer.

Sodo joined ARCP in August, and Brandon joined earlier this year.