厂颈尘辞苍庐 Announces Key Executive Appointments
Simon (NYSE:SPG), a premier retail REIT, has announced significant executive leadership changes. Eli Simon has been promoted to Chief Operating Officer from his previous role as Executive VP and Chief Investment Officer. He will work directly with CEO David Simon on property performance, development projects, strategic investments, and brand strategy.
Additionally, Jonathan Murphy and Eric Sadi have been appointed as Co-Presidents of North American AG真人官方 Estate, overseeing Simon's mall, mills, and premium outlets platforms. Both executives, who joined the company in 2010 and 2006 respectively, will be responsible for asset management and leasing strategies across the North American portfolio.
Simon (NYSE:SPG), un importante REIT nel settore retail, ha annunciato importanti cambiamenti nella leadership esecutiva. Eli Simon 猫 stato promosso a Chief Operating Officer, dopo aver ricoperto il ruolo di Executive VP e Chief Investment Officer. Collaborer脿 direttamente con il CEO David Simon su performance immobiliari, progetti di sviluppo, investimenti strategici e strategia del marchio.
Inoltre, Jonathan Murphy e Eric Sadi sono stati nominati Co-Presidenti del settore immobiliare nordamericano, supervisionando le piattaforme di centri commerciali, outlet e premium outlet di Simon. Entrambi i dirigenti, entrati in azienda rispettivamente nel 2010 e nel 2006, saranno responsabili della gestione degli asset e delle strategie di leasing nel portafoglio nordamericano.
Simon (NYSE:SPG), un destacado REIT minorista, ha anunciado cambios significativos en su liderazgo ejecutivo. Eli Simon ha sido promovido a Director de Operaciones desde su anterior cargo como Vicepresidente Ejecutivo y Director de Inversiones. Trabajar谩 directamente con el CEO David Simon en el rendimiento de las propiedades, proyectos de desarrollo, inversiones estrat茅gicas y estrategia de marca.
础诲别尘谩蝉, Jonathan Murphy y Eric Sadi han sido nombrados copresidentes de Bienes Ra铆ces en Am茅rica del Norte, supervisando las plataformas de centros comerciales, mills y outlets premium de Simon. Ambos ejecutivos, que se unieron a la empresa en 2010 y 2006 respectivamente, ser谩n responsables de la gesti贸n de activos y las estrategias de arrendamiento en la cartera de Am茅rica del Norte.
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霕愴暅, Jonathan Murphy鞕� Eric Sadi臧� 攵侂 攵�霃欖偘 瓿惦彊 靷灔鞙茧 鞛勲獏霅橃柎 Simon鞚� 靽柬晳氇�, 氚�鞀�, 頂勲Μ氙胳梽 鞎勳毟霠� 頂岆灚韽检潉 齑濌磩頃╇媹雼�. 霊� 鞛勳洂鞚� 臧侁皝 2010雲勱臣 2006雲勳棎 鞛呾偓頄堨溂氅�, 攵侂 韽姼韽措Μ鞓れ潣 鞛愳偘 甏�毽� 氚� 鞛勲寑 鞝勲灥鞚� 毂呾瀯歆� 瓴冹瀰雼堧嫟.
Simon (NYSE:SPG), un REIT de premier plan dans le secteur de la distribution, a annonc茅 d'importants changements dans sa direction ex茅cutive. Eli Simon a 茅t茅 promu Chief Operating Officer, apr猫s avoir occup茅 le poste de Vice-Pr茅sident Ex茅cutif et Chief Investment Officer. Il travaillera directement avec le PDG David Simon sur la performance des propri茅t茅s, les projets de d茅veloppement, les investissements strat茅giques et la strat茅gie de marque.
De plus, Jonathan Murphy et Eric Sadi ont 茅t茅 nomm茅s copr茅sidents de l'immobilier nord-am茅ricain, supervisant les plateformes de centres commerciaux, mills et outlets premium de Simon. Ces deux cadres, arriv茅s respectivement en 2010 et 2006, seront responsables de la gestion des actifs et des strat茅gies de location sur le portefeuille nord-am茅ricain.
Simon (NYSE:SPG), ein f眉hrender Einzelhandels-REIT, hat bedeutende Ver盲nderungen in der Gesch盲ftsf眉hrung bekannt gegeben. Eli Simon wurde vom Executive VP und Chief Investment Officer zum Chief Operating Officer bef枚rdert. Er wird direkt mit CEO David Simon an der Immobilienperformance, Entwicklungsprojekten, strategischen Investitionen und Markenstrategie arbeiten.
Dar眉ber hinaus wurden Jonathan Murphy und Eric Sadi zu Co-Pr盲sidenten f眉r Nordamerikanische Immobilien ernannt und 眉bernehmen die Leitung der Simon-Plattformen f眉r Einkaufszentren, Mills und Premium-Outlets. Beide F眉hrungskr盲fte, die 2010 bzw. 2006 dem Unternehmen beigetreten sind, sind f眉r das Asset Management und die Vermietungsstrategien im nordamerikanischen Portfolio verantwortlich.
- Strategic promotion of experienced executive Eli Simon to COO position strengthens leadership team
- Appointment of seasoned internal candidates Murphy and Sadi as Co-Presidents ensures continuity
- Unified oversight of all three platforms (Malls, Mills, Premium Outlets) under Co-Presidents streamlines operations
- Multiple simultaneous leadership changes could create temporary operational adjustments
- Concentration of leadership responsibilities among fewer executives may increase key person risk
Eli will work directly with David Simon, Chairman, Chief Executive Officer and President, on all aspects of Simon's businesses including property performance, new development projects, the company's strategic investments, and its brand strategy.
Eli Simon joined the company in 2019, leading the company's investment strategy for both real estate and non-real estate investments, including new business sourcing, strategic corporate investments, and the execution of various real estate transactions.聽 Before joining the company, Eli was the Principal and Head of North American Lodging at Och-Ziff Capital Management and Och-Ziff AG真人官方 Estate, where he oversaw all lodging related investments, including asset and portfolio acquisitions, operating company investments, and lending opportunities.聽
Simon also announced today that Jonathan Murphy and Eric Sadi have been named Co-Presidents, North American AG真人官方 Estate.
As Co-Presidents, North American AG真人官方 Estate, Jon Murphy and Eric Sadi will oversee Simon's North American real estate portfolio and all three of our platforms, Malls, Mills and Premium Outlets.聽 In this role, they will be responsible for asset management and leasing strategies.聽 Jon and Eric, who joined the company in 2010 and 2006, have served in various capacities throughout their respective tenures.聽 Since 2020, they have been Co-Presidents, Mall Platform, overseeing the revenue stream, occupancy, and merchandise mix for the company's malls.
"One of the hallmarks of Simon's success is the strength and depth of our management team," said David Simon.聽 "As we work to further advance our growth, I am pleased with these leadership appointments. Our culture of innovation will continue to be a strategic asset for us."
Larry Glasscock, Lead Independent Director, said, "These executive appointments position Simon to continue to deliver long-standing industry-leading results by delivering an exceptional product and environment for our consumers and retailers."
Forward-Looking Statements
Certain statements made in this press release may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can give no assurance that its expectations will be attained, and it is possible that the Company's actual results may differ materially from those indicated by these forward-looking statements due to a variety of risks, uncertainties and other factors. Such factors include, but are not limited to: the intensely competitive market environment in the retail industry, including e-commerce; the inability to renew leases and relet vacant space at existing properties on favorable terms;聽 the inability to collect rent due to the bankruptcy or insolvency of tenants or otherwise; the potential loss of anchor stores or major tenants; an increase in vacant space at our properties; the loss of key management personnel; changes in economic and market conditions that may adversely affect the general retail environment, including but not limited to those caused by inflation, the impact of tariffs and global trade disruptions on us to the extent impacting our tenants, recessionary pressures, wars, escalating geopolitical tensions as a result of the war in聽Ukraine聽and the conflicts in the聽Middle East, and supply chain disruptions; the potential for violence, civil unrest, criminal activity or terrorist activities at our properties; the availability of comprehensive insurance coverage; security breaches that could compromise our information technology or infrastructure; changes in market rates of interest; our international activities subjecting us to risks that are different from or greater than those associated with our domestic operations, including changes in foreign exchange rates; the impact of our substantial indebtedness on our future operations, including covenants in the governing agreements that impose restrictions on us that may affect our ability to operate freely; any disruption in the financial markets that may adversely affect our ability to access capital for growth and satisfy our ongoing debt service requirements; any change in our credit rating; our continued ability to maintain our status as a聽REIT; changes in tax laws or regulations that result in adverse tax consequences; risks associated with the acquisition, development, redevelopment, expansion, leasing and management of properties; the inability to lease newly developed properties on favorable terms; risks relating to our joint venture properties, including guarantees of certain joint venture indebtedness; reducing emissions of greenhouse gases; environmental liabilities; natural disasters; uncertainties regarding the impact of pandemics, epidemics or public health crises, and the associated governmental restrictions on our business, financial condition, results of operations, cash flow and liquidity; and general risks related to real estate investments, including the聽illiquidity of real estate investments.
The Company discusses these and other risks and uncertainties under the heading "Risk Factors" in its annual and quarterly periodic reports filed with the SEC.聽 The Company may update that discussion in subsequent other periodic reports, but except as required by law, the Company undertakes no duty or obligation to update or revise these forward-looking statements, whether as a result of new information, future developments, or otherwise.
About Simon
Simon庐聽is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across聽North America, Europe聽and聽Asia聽provide community gathering places for millions of people every day and generate billions in annual sales.
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