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Mack-Cali Names Mahbod Nia Chief Executive Officer


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JERSEY CITY, N.J., March 3, 2021 /PRNewswire/ Mack-Cali Realty Corporation (NYSE: CLI), a leading owner, manager, and developer of class A office and luxury multifamily real estate throughout New Jersey, today announced that its Board of Directors (the Board ) has named Mahbod Nia Chief Executive Officer, effective March 8, 2021. Mr. Nia, who has served as a director of Mack-Cali since June 2020, will succeed Interim CEO MaryAnne Gilmartin, who will serve as Special Advisor to ensure a smooth transition of responsibilities.  With the selection of a permanent CEO, and to allow for the election of an independent Board Chair in accordance with the applicable NYSE independence guidelines, Ms. Gilmartin has stepped down as Board Chair, and will not run for re-election to the Board at the Company s 2021 Annual Meeting of Shareholders. She will remain a director through the Annual Meeting and return to her full-time role as CEO of MAG P ....

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Sunrise Senior Living Appoints Jack R. Callison, Jr. as CEO, Effective April 1, 2021


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MCLEAN, Va., Feb. 5, 2021 /PRNewswire/  Sunrise Senior Living, its Board of Managers and its owners announced today the appointment of Mr. Jack R. Callison, Jr. to the role of Chief Executive Officer for Sunrise Senior Living, following the engagement of Ferguson Partners in an extensive executive search. He will officially assume this role effective April 1, 2021.
We are extremely pleased to align with the innovative leadership that Jack Callison brings to further differentiate Sunrise s leading brand and values, said Jeff Lozon, chairman of the Board. Jack s commitment to his team, extensive operational acumen and demonstrated focus on growth compliment Sunrise s best-in-class community footprint and the distinctive customer experience it has delivered to benefit residents and families for the last 40 years, Lozon continued. ....

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AvalonBay Communities, Inc. Appoints Benjamin Schall President and Announces CEO Succession Plan


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AVALONBAY COMMUNITIES, INC. (NYSE:AVB) announced today that Benjamin W. Schall has been appointed President of the Company and will join the Company s Board of Directors, effective as of a mutually agreeable date on or before February 1, 2021. Additionally, the Company also announced that Timothy J. Naughton, the Company s Chairman, Chief Executive Officer and President, plans to retire as Chief Executive Officer (CEO) at the end of 2021 and that at such time Mr. Schall will be appointed as CEO and Mr. Naughton will remain on the Board in the position of Executive Chair.
Mr. Schall is currently the Chief Executive Officer and President and a trustee of Seritage Growth Properties, a publicly traded real estate investment trust (REIT) principally engaged in owning, developing and managing a diversified portfolio of retail and mixed-use properties throughout the United States. Prior to joining Seritage in his current roles in May 2015, Mr. Schall served as Chief Operat ....

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