Market Overview

Kimco Realty Promotes Two Senior Leaders


Carmen Decker Will Lead Western Region as President; Kathleen Thayer
Elevated to Corporate Vice President

Realty Corp.
(NYSE:KIM) today announced that the company has
promoted Carmen Decker to President, Western Region, and Kathleen Thayer
to Corporate Vice President, Corporate Accounting.

As Western Region President, Ms. Decker will oversee a portfolio of more
than 100 shopping centers comprising over 20 million square feet, and
will be responsible for strategic planning, asset management, leasing,
property management, redevelopment, acquisitions and dispositions for
the region.

Ms. Decker joined Kimco in 2011 as Director of Real Estate, and most
recently served as Vice President of Leasing and Asset Management for
the Pacific Northwest Sub-Region. She has over 15 years of experience in
retail real estate, and is a licensed real estate broker in Washington
as well as a member of the International Council of Shopping Centers
(ICSC). Ms. Decker holds a bachelor's degree from the University of
Washington and completed Harvard Business School's Program in Leadership

As Corporate Vice President, Corporate Accounting, Ms. Thayer will
oversee Kimco's day-to-day property accounting activities, financial
reporting and SEC compliance, while also directing the contract
administration and accounts payable departments. She joined Kimco in
2006, and previously served as Director of Accounting and Accounting
Manager after spending seven years in the public accounting sector.

Ms. Thayer is a Certified Public Accountant with a bachelor's degree
from the State University of New York at Geneseo. She is a member of the
National Association of Real Estate Investment Trusts (NAREIT), the New
York State Society of Certified Public Accountants (NYSSCPA) and the
American Institute of CPAs (AICPA).

Both Ms. Decker and Ms. Thayer are past participants in Kimco's LABS
(Leaders Advancing Business Strategy) Program, the company's idea
incubator and leadership development program which launched in 2014.

"I am excited to have Carmen and Kathleen in their new positions. During
their tenures at Kimco, both have exhibited the intelligence, demeanor,
work ethic and integrity that define Kimco," said Conor Flynn, Kimco's
Chief Executive Officer. "Their respective skills, experience and
leadership will be instrumental in helping us to achieve our 2020 Vision
and longer-term goals."

About Kimco

Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT)
headquartered in New Hyde Park, N.Y., that is one of North America's
largest publicly traded owners and operators of open-air shopping
centers. As of March 31, 2018, the company owned interests in 475 U.S.
shopping centers comprising 81 million square feet of leasable space
primarily concentrated in the top major metropolitan markets. Publicly
traded on the NYSE since 1991, and included in the S&P 500 Index, the
company has specialized in shopping center acquisitions, development and
management for 60 years. For further information, please visit,
the company's blog at,
or follow Kimco on Twitter at

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