Michael J. Franco,  president, Vornado Realty Trust Michael J. Franco, president, Vornado Realty Trust

NEW YORK CITY—In a series of major executive leadership changes at the REIT, Michael J. Franco has been promoted to president of Vornado Realty Trust.

Franco, 50, who has been with Vornado since 2011, was one of a number of what Vornado chairman and CEO Steven Roth termed as “important and even generational” changes in its senior management in his annual letter to shareholders in the company’s 8K filing with the SEC on Friday.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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