CEO and COO of GGP To Depart After Restructuring

By GlobeSt News Hub

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CHICAGO-General Growth Properties Inc. has announced that its CEO Adam Metz and COO Thomas Nolan will quit after the completion of its restructuring, anticipated in October 2011. Once the company emerges from bankruptcy, its new board will take charge and select a long-term executive board to manage the transition period.

Glenn Rufrano, CEO of Cushman & Wakefield and a former director of General Growth, and Tony Grossi, former COO of Macerich Co., are the possible candidates for the to-be-vacant positions. For the full story, go to Crain's Chicago Business.

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Categories: Midwest, Retail, Executive Moves, Chicago