Mack-Cali Names Litt to Board Seat as Two Executives Resign
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Mack-Cali Realty Corp., an owner of properties in the eastern U.S., named the chief executive officer of an investment firm focused on real estate securities to a newly created board seat.
Jonathan Litt, CEO and founder of Land & Buildings Investment Management LLC, was appointed for a term expiring in 2016, Edison, New Jersey-based Mack-Cali said today in a statement. The move expands the board to 11 seats. In a separate statement, Mack-Cali said its chief financial officer and general counsel agreed to resign at the end of the month.