CLEVELAND, April 25, 2017 /PRNewswire/ -- Forest City Realty
Trust, Inc., (NYSE: FCEA and FCEB) today announced that is has
named Ketan Patel, an experienced
legal, compliance and ethics professional with significant
expertise in real estate, as Executive Vice President, Secretary
and General Counsel.
"We are excited to have an individual of Ketan's caliber and
background join our senior management group and lead our legal
team," said David J. LaRue,
president and chief executive officer. "His diverse, senior-level
experience, including with a national real estate investment trust,
makes him an excellent fit for Forest City."
Patel was most recently Vice President, Corporate Secretary and
Chief Ethics Officer of FirstEnergy Corp., a major Midwestern
electric utility, were he served as a primary liaison to
FirstEnergy's board and managed a team of 150 associates across the
company's Real Estate & Facilities, Corporate, and Records
& Information Compliance departments.
Previously, Patel was Associate General Counsel at DDR Corp., a
national real estate investment trust, based in Beachwood, Ohio, where he oversaw the
Corporate & Transactions Group with responsibility for
acquisitions and dispositions, capital markets transactions, joint
ventures and tax, as well as other general corporate matters.
He began his legal career with McDonald, Hopkins, Burke & Haber, LPA, a
super-regional law firm with office in the Midwest and
Florida. He received his Bachelor's degree from Princeton University, and his Juris Doctor from the
University of Michigan Law School.
Patel is expected to assume his responsibilities with Forest
City in mid-May. He succeeds Geralyn
A. Presti, who stepped down as General Counsel in the first
quarter of 2017 to become President and Chief Executive Officer of
The Music Settlement of University Circle, a 104-year-old
Cleveland non-profit
organization.
About Forest City
Forest City Realty Trust, Inc. is an
NYSE-listed national real estate company with $8.2 billion in consolidated assets. The company
is principally engaged in the ownership, development, management
and acquisition of commercial and residential real estate
throughout the United States. For
more information, visit www.forestcity.net.
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SOURCE Forest City Realty Trust, Inc.