General Growth Properties Inc. on Friday named the board of its future spin-off company and appointed hedge fund manager William Ackman to become its chairman when the mall owner and property developer emerges from bankruptcy. Get the full story »
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Brookfield execs to lead new General Growth board
General Growth Properties Inc. on Tuesday named the nine members of the board of the company that will emerge from bankruptcy protection and take the No. 2 U.S. mall owner forward.
General Growth said Bruce Flatt, chief executive of Brookfield Asset Management, will be the chairman upon emergence from bankruptcy in early November. Get the full story »
General Growth names Sheli Rosenberg to board
By Sandra M. Jones
| General Growth Properties Inc., the shopping mall owner in Chapter 11 bankruptcy, named Chicago real estate veteran Sheli Rosenberg to its board of directors.
Rosenberg was most recently CEO, president and vice chairman of Equity Group Investments LLC, the privately-held real estate investment firm run by real estate mogul Sam Zell. Rosenberg joined Equity Group in 1980 as general counsel. She left the company in 2003 and has been an adjunct professor at Northwestern University’s Kellogg Graduate School of Business. She also sits on the boards of CVS Caremark Corp., Nanonsphere Inc., Veritas Inc. and Equity LifeStyle Properties Inc. Rosenberg is also a trustee at Equity Residential.
The appointment brings the number of directors on General Growth’s board to ten.