TNP Strategic Retail Trust, Inc. announced that on October 2, 2012, the board of directors, including all the independent directors, appointed John B. Maier II as an independent director to fill the vacancy on the board created by the resignation of Mr. Kompaniez. Mr. Maier has also been appointed to the audit committee and the special committee of the board of directors. John B. Maier II, 50, is Head of Investment Banking at Headwaters|MB LLC.

Mr. Maier is a past member of the board of advisors of Wake Forest University's School of Business and Georgetown University's School of Business.