Raleigh, N.C. – Locally based Konover Property Trust Inc. appointed J. Michael Maloney as interim president and CEO. This appointment follows the resignation of C. Cammack Morton, as president, CEO and director and the termination of Patrick M. Miniutti, as COO.

Maloney is currently president of Highland Capital Group Inc., which he founded in 1998. A real estate veteran and currently a director of Konover, Maloney has more than 30 years of industry and financial experience.