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| General Growth Properties announces board changes General Growth Properties, Inc., the second-largest U.S. mall owner, announced Glenn J. Rufrano has resigned from the company's Board of Directors. Mr. Rufrano was recently appointed president and chief executive officer of Cushman & Wakefield Inc., which is a provider of appraisal services to GGP in conjunction with its ongoing financial restructuring. The Board therefore jointly agreed with Mr. Rufrano that he should step down from his Board seat in order to allow GGP to maintain its relationship with Cushman & Wakefield consistent with bankruptcy code requirements. Mr. Rufrano was appointed to GGP's Board of Directors in 2009. GGP is in the process of searching for a new director to replace the departing Mr. Rufrano. write your comments about the article :: © 2010 Construction News :: home page |