Finance

Alexandria Real Estate’s Longtime Finance Chief to Exit

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By Will Feuer

Alexandria Real Estate Equities said longtime Chief Financial Officer Dean Shigenaga will leave the company next month due to personal family health reasons.

Shigenaga, who has been CFO of the real-estate investment trust since 2004, will leave on September 15. The company said in a securities filing that it expects Shigenaga to continue to help the company with transitional matters and that he will remain as a strategic consultant.

The company said Marc Binda will succeed Shigenaga as CFO.

He joined Alexandria Real Estate, which owns and develops office buildings for various industries, including the technology and life-sciences sectors, in 2000.

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Write to Will Feuer at will.feuer@wsj.com

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