Stirling Properties Appoints Paul Mastio as Chief Financial Officer

COVINGTON, Louisiana —- (JUNE 23, 2011) Stirling Properties appoints Paul Mastio as the company’s new Chief Financial Officer (CFO) from his previous position as Senior Vice President of Operations and Accounting.  This appointment was effective Monday, June 20, 2011,

“As Stirling enters into its next phase of the company’s evolution and growth, it is essential that we have someone like Paul overseeing all of the financial operations of our company and helping to guide us to greater efficiencies and profitability,” said Marty Mayer, President and CEO of Stirling Properties.  “Paul’s contributions to Stirling over the years have been invaluable to our success.”

As CFO, Mr. Mastio is responsible for the oversight of the company’s Accounting and Information Technology departments.  He will report to the President and CEO while directly working with the Management Team to identify needs, manage processes for financial forecasting and budgets, as well as give advice on the impact of long range planning, strategies and regulatory actions.

“Since joining Stirling Properties, I’ve watched the company grow and evolve” said Mastio.  “I am honored to be part of this next phase of business and look forward to seeking a full range of industry solutions that will lead Stirling into future successes.”

Mr. Mastio has been with Stirling Properties for 18 years. He currently is a member of both the Management Advisory Committee and Company Forum, which meet regularly to discuss all aspects of company strategy, planning and operations.

Mr. Mastio obtained his Bachelor of Science degree from Southeastern Louisiana University. Shortly after graduation, he earned his Certified Public Accountant (CPA) designation.  Mr. Mastio is a member of the Society of Louisiana Certified Public Accountants (LCPA), American Institute of CPAs (AICPA), and the National Association of Real Estate Consultants (NAREC).