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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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Mack-Cali Names Mahbod Nia Chief Executive Officer

Mack-Cali Names Mahbod Nia Chief Executive Officer
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Elliott tries to turn around a decade-long laggard with new real estate investment

Elliott tries to turn around a decade-long laggard with new real estate investment
CNBC
12/19/2020
Kenneth Squire
© Provided by CNBC
Signage stands on the building of a Public Storage facility in San Francisco, California, U.S., on Friday, April 21, 2017.
Elliott Associates sees a runway beneath Public Storage, and is pushing the self-storage company to boost investment and catch up to industry peers growth.
The company is one of the best known and better positioned in the self-storage space but hasn t built up its asset base enough to stave off competition and is leaving too much money on the table with variable pricing algorithms and poor customer experience, according to the activist firm. The stock has underperformed storage peers by more than 300% in the last decade. ....

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Elliott Management Nominates Independent, Highly Qualified Trustee Candidates to the Board of Public Storage

Elliott Management Nominates Independent, Highly Qualified Trustee Candidates to the Board of Public Storage
marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.

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