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At Related Cos., developer of Time Warner Center and the upcoming Hudson Yards megaproject, company president Jeff Blau is succeeding founder Stephen Ross as CEO, with Ross now taking the title of executive chairman. Bruce A. Beal Jr. in turn is succeeding Blau as president, while Kenneth Wong becomes COO. The four men will comprise Related's executive committee. Ross will continue to be responsible for global business strategy and development and maintain his focus on the 26-acre Hudson Yards project. For his part, Blau will be responsible for the company's strategic direction, overall management, financing activities and pursuing new development opportunities and corporate acquisitions. Formerly serving as executive vice president, Beal will now manage the day-to-day development process for projects across all assets classes, asset management and Related's affordable housing initiatives. Wong will oversee the administrative, corporate and business functions, along with the company's national and international expansion activities.

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