CHICAGO—Brenda Gujral, the president ofInland Private Capital Corp., a subsidiary of OakBrook, IL-based Inland Real Estate InvestmentCorp., will retire from the real estate industry onDecember 31, 2014. And Keith Lampi, currently thechief operating officer of IPCC, will then take over as thecompany's new president.

“An integral force behind Inland Investments' strategic visionand growth, Brenda's leadership, demeanor and loyalty to our firmhas served as a model for former, current and future leaders ofInland,” says Mitchell Sabshon, whotookover as chief executive officer of Inland Investmentslast year. “I personally cannot thank Brenda enough for her clearvision, candor and critical support as I assumed my own role atInland.”

Gujral held several top executive positions for IPCC, InlandInvestments and Inland Securities Corp., all partof the Inland Real Estate Group of Companies, Inc.She has been with the group for 35 years and served as a directorof many of its funds, REITs and other businesses. She led IPCC torecord-setting years in 2013 and 2014, company officials say.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.