On November 9, 2012, the board of directors of TNP Strategic Retail Trust, Inc. appointed K. Timothy O'Brien as Co-Chief Executive Officer of the Company, with Anthony W. Thompson also to serve as Co-Chief Executive Officer of TNP Strategic Retail Trust, Inc. Mr. O'Brien's primary responsibility in his role as Co-Chief Executive Officer is the oversight, with the company's Chief Financial Officer, of the company's financial reporting, disclosure controls and procedures and internal control over financial reporting, legal compliance and transactions with the company's external advisor. As Co-Chief Executive Officer, Mr. Thompson's primary responsibility will be the evaluation, acquisition, management and disposition of the company's investments and the oversight of the company's capital raising efforts, including, but not limited to, the oversight and evaluation of the company's dealer manager for the company's continuous public offering. K. Timothy O'Brien, 65, has served as the Executive Vice President, Real Estate of Thompson National Properties LLC, sponsor, since June 2011.

His roles at TNP have included positioning and managing the sale of investment parcels in the SRT portfolio, acquiring and selling single tenant properties under its Delaware Statutory Trust program and related corporate real estate functions.