Seeking Alpha

Equity One makes CEO change official; chairman to stay through 2017

  • As previously announced, Equity One (EQY) CEO Jeffrey S. Olson is leaving to become the CEO of Vornado's shopping center spinoff.
  • David R. Lukes, who has previously worked as the CEO of Mall Properties, Inc., as well as a Sears-affiliated real estate trust, is replacing Olson, and will also take his board seat.
  • Equity One also announces it has reached a new deal with chairman Chaim Katzman, under which he'll remain at his current job through Dec. 2017.
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