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NOVI, Mich. - Lineage, Inc. (NASDAQ:LINE), a temperature-controlled warehouse REIT, announced Monday the appointment of Robb LeMasters as Chief Financial Officer, effective November 10, 2025. LeMasters will succeed Rob Crisci, who previously announced his retirement.
LeMasters joins Lineage with over 20 years of finance experience, most recently serving as CFO of BWX Technologies, Inc. (NYSE:BWXT), which has shown remarkable performance with a 96% price return over the past six months and revenue growth of 10% in the last twelve months. According to InvestingPro data, BWXT maintains strong financial health with a current ratio of 1.69 and has consistently raised its dividend for 9 consecutive years. His prior roles include Managing Director at Blue Harbour Group and senior positions at Theleme Partners, The Children’s Investment Fund, and Highbridge Capital Management. LeMasters holds degrees from the Wharton School and Harvard Business School.
The company also appointed Ki Bin Kim as Vice President of Investor Relations. Kim previously worked as Managing Director of U.S. REIT Equity Research at Truist Securities, where he covered public REITs.
"Robb’s depth of experience in managing complex financial operations and creating long-term value for global investors makes him an ideal fit for Lineage," said Greg Lehmkuhl, President and CEO of Lineage, according to the company’s press release. Based on InvestingPro analysis, BWXT appears to be trading above its Fair Value, with 15+ additional ProTips available for subscribers.
In his new role, Kim will lead Lineage’s global investor relations strategy and serve as the primary liaison with the investment community.
Lineage describes itself as the world’s largest global temperature-controlled warehouse REIT, operating a network of over 485 facilities totaling approximately 86 million square feet across North America, Europe, and Asia-Pacific.
In other recent news, BWX Technologies, Inc. has secured two significant contracts with the Department of Energy’s National Nuclear Security Administration. The first contract, valued at $1.6 billion, involves establishing a supply of high purity depleted uranium and includes designing and building a manufacturing plant in Jonesborough, Tennessee. The second contract, worth $1.5 billion, focuses on developing domestic uranium enrichment capabilities for defense purposes, with plans to build a pilot plant in Erwin, Tennessee. Additionally, BWX Technologies has appointed Rik Geiersbach, a former Boeing executive, as its chief strategy officer to lead the company’s strategic initiatives. Meanwhile, NuScale Power Corporation has announced the appointment of James D. Canafax as Chief Legal Officer and Corporate Secretary. Canafax brings extensive legal experience from his previous role at Maritime Partners, LLC. These developments reflect ongoing strategic moves and leadership changes within both companies.
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