Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 3, 2022, Amanda Lombard notified Seritage Growth Properties (the
"Company") of her intention to resign from her position as Chief Financial
Officer of the Company to pursue another professional opportunity. Ms. Lombard
will cease serving as the Company's principal financial officer, principal
accounting officer and Chief Financial Officer, effective January 14, 2022. Ms.
Lombard's resignation is not the result of any disagreement with the Company.
On January 7, 2022, the Company announced that John Garilli has been appointed
interim chief financial officer on a full-time basis, effective January 14,
2022. Mr. Garilli is a veteran public company executive with more than 15 years
of experience in real estate leadership roles. Mr. Garilli has been a member of
Winthrop Capital Advisors, LLC and its affiliates ("Winthrop") since 1995,
currently serving as President and Chief Operating Officer. Mr. Garilli
currently serves as Interim President and CEO of Luby's, Inc., a national
restaurant company operating the Luby's Cafeterias and Fuddruckers brands, since
February 2021 and will continue to serve in that role in the near-term. Mr.
Garilli has served as CEO, President, Chief Financial Officer, Treasurer, and
Secretary of New York REIT Liquidating LLC since 2018. Prior to this, he served
as the Chief Executive Officer of its predecessor, New York REIT, Inc. ("NYRT"),
a NYSE-listed real estate investment trust, from July 2018 to November 2018, and
as Chief Financial Officer, Secretary, and Treasurer of NYRT beginning in 2017.
Previously, Mr. Garilli served as Chief Accounting Officer of Winthrop Realty
Trust, a NYSE-listed real estate investment trust, from 2006 to 2012 and served
as Winthrop Realty Trust's Chief Financial Officer from 2012 until 2016. Mr.
Garilli holds an MBA from Babson College and a BA from the College of the Holy
Cross.
The Company and Winthrop are parties to an existing agreement, pursuant to which
Winthrop provides the Company with comprehensive property management services
and property accounting support as well as the services of Mr. Garilli and other
Winthrop executives.  In exchange for these services, the Company pays Winthrop
a fee equal to $62,500 per month, plus reimbursement for the salaries, bonuses
and benefits for certain employees of Winthrop, other than Mr. Garilli, who
devote time to the Company.
There are no family relationships between Mr. Garilli and any director or other
executive officer of the Company and there are no related persons transactions
(within the meaning of Item 404(a) of Regulation S-K) involving Mr. Garilli and
the Company and its subsidiaries, except as described herein.
On January 7, 2022, the Company issued a press release announcing Mr. Garilli's
appointment. A copy of the press release is filed as Exhibit 99.1 and is
incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.       Description
  99.1              Press release of the Company dated January 7, 2022

104               Cover Page Interactive Data File (embedded within Inline XBRL document)


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