Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BLOOMFIELD HILLS, MI-Taubman Centers Inc. of Bloomfield Hills, MI announced that Myron E. (Mike) Ullman III has joined the company’s Board of Directors, replacing jailedfounder A. Alfred Taubman.

Ullman will serve as an independent member of the company’s board to fillthe existing vacancy in the class of directors whose term will expire in2005.

Ullman will be an independent director under the proposed New York StockExchange rules. Ullman, who will be a member of the Audit Committee ofthe board, will also satisfy the independence standards for audit committeemembers as well as being a financial expert, said Taubman officials.

The Taubman board voted unanimously to add Mr. Ullman to the board, bringingboard membership back to nine members.

The move was seen as a stopgap against a takeover attempt by Simon PropertyGroup of Indianapolis. With A. Alfred Taubman in prison for price fixing aschairman of Sotheby’s Inc., Simon has launched a yearlong attempt to takeover the Bloomfield Hills company. Simon recently proposed four new boardmembers, including filling Taubman’s vacant seat.

Ullman, who has retired from full-time corporate activity, has extensiveexperience, both domestically and internationally, in corporations,government and academia, said Taubman officials.

Over the past 15 years, he has led major businesses in Asia (Wharf HoldingsLtd.), in the United States (R.H. Macy & Co. Inc. and DFS Group Ltd.) andmost recently in Europe (LVMH Hennessy Louis Vuitton and De Beers LV).

He was recently appointed to the board of directors of Starbucks Coffee Co.Ullman also serves on the board of Kendall Jackson Wine Estates.was recently appointed to the board of directors of Starbucks Coffee Co.Ullman also serves on the board of Kendall Jackson Wine Estates.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.