General Growth Properties Appoints Sheli Rosenberg to Board of Directors
April 13 2010 - 6:08PM
Business Wire
General Growth Properties, Inc. (NYSE: GGP) today announced
Sheli Z. Rosenberg has joined GGP’s Board of Directors. She will
serve on GGP’s Capital Committee.
Ms. Rosenberg is the former president, chief executive officer
and vice chairwoman of Equity Group Investments, L.L.C., a
privately held real estate investment firm and has been an adjunct
professor at Northwestern University’s J.L. Kellogg Graduate School
of Business since 2003. Ms. Rosenberg currently serves as a
director of CVS Caremark Corporation, the nation’s largest pharmacy
chain, Nanosphere, Inc., a nanotechnology-based healthcare company,
Equity LifeStyle Properties, Inc., an owner and operator of
high-quality resort communities, and Ventas, Inc., one of the
nation’s leading healthcare real estate investment trusts. Ms
Rosenberg is also a trustee at Equity Residential, the largest
publicly traded owner, operator and developer of multi-family
housing in the United States.
“We are very pleased to announce Sheli’s appointment to GGP’s
Board of Directors,” said Adam Metz, chief executive officer of
GGP. “Sheli’s vast real estate experience and broad business
knowledge make her a great asset to GGP. As we continue to position
the Company for a successful future, we look forward to Sheli’s
insights and expertise.”
Ms. Rosenberg joined Equity Group Investments, Inc. in 1980 as
general counsel, rising to become its chief executive officer,
president and vice chairwoman when she departed the company in
2003. Over the course of her career, Ms. Rosenberg has been
instrumental in the structuring and management of six investment
funds with assets totaling more than $2 billion, acquisitions and
dispositions of more than $10 billion in assets and the initial
public offerings of seven New York Stock Exchange companies. Prior
to joining EGI, she was a managing partner of Schiff Hardin &
Waite, specializing in real estate, finance and corporate law. She
is a co-founder and president of the initiative for the new Center
for Executive Women at the J.L. Kellogg Graduate School of
Business. Ms. Rosenberg graduated from Tufts University and
Northwestern University School of Law.
The appointment of Ms. Rosenberg, an independent director,
brings the number of directors of GGP to 10.
ABOUT GGP
GGP currently has ownership interest in, or management
responsibility for more than 200 regional shopping malls in 43
states, as well as ownership in planned community developments and
commercial office buildings. The Company’s portfolio totals
approximately 200 million square feet of retail space and includes
over 24,000 retail stores nationwide. The Company’s common stock is
traded on the New York Stock Exchange under the symbol GGP.
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