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Article: Developers Diversified Realty Corporation Announces Daniel B. Hurwitz to Become President & Chief Executive Officer; Scott A. Wolstein to Serve as Executive Chairman of the Board of Directors, Effective January 1, 2010.
- Article from:
- Business Wire
- Article date:
- November 9, 2009
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CLEVELAND -- Developers Diversified Realty Corporation (NYSE:DDR) today announced an effective date of January 1, 2010, for its previously announced management succession strategy appointing Daniel B. Hurwitz, 45, President & Chief Executive Officer, succeeding Scott A. Wolstein, 57, who will continue to serve in a leadership role at the Company as Executive Chairman of the Board. Messrs. Hurwitz and Wolstein have worked together as partners for more than 10 years and their close collaboration will lead to a seamless transition.
In his new role, Mr. Hurwitz will be responsible for planning, formulating and coordinating the development and execution of corporate ...