CHICAGO-Steven Douglas has joined locally-based General GrowthProperties Inc. as EVP, CFO and director of accounting and finance,effective immediately. Douglas has left his post as president ofNew York City-based Brookfield Properties Corp. to take theposition.
Douglas takes over for Ed Hoyt, who has been GGP’s interim chieffinancial officer since 2008. Hoyt will continue to serve as SVP,chief accounting officer for GGP.
Adam Metz, GGP’s CEO, said in a statement that he thinks Douglasis well qualified to lead the REIT as it emerges from bankruptcy .“We are nearing completion of our restructuring and emergenceprocess, and adding Steve to our team further enhances our positionfor long-term success.”
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