Wheeler Real Estate Investment Trust, Inc. announced that on June 19, 2020, the Board of Directors voted to increase the size of the Board from seven directors to eight directors and appointed E. J. Borrack as a director to the Board to fill the resulting vacancy with immediate effect. In addition, Borrack was appointed to the Compensation Committee of the Board. Since 2013, Borrack has been the General Counsel at a group of private investment partnerships known as The Stilwell Group. The Board has determined that Borrack qualifies as an independent director for purposes of the rules of the Nasdaq Stock Market as well as applicable rules adopted by the U.S. Securities and Exchange Commission.