May 20, 2015 – Ferguson Partners Ltd. has been retained by Mack-Cali Realty Corp. to lead its search for a new chief executive officer. The Wall Street Journal recently reported that Mitch Rudin, former chief executive of Brookfield Office Properties’ U.S. division, was the leading candidate to replace outgoing CEO Mitchell Hersh.
“Since initiating this process, the board search committee, in conjunction with its executive search firm, Ferguson Partners, has met with several highly qualified candidates who have had the skills and experience to lead the company forward,” said William Mack, company chairman. “The board remains actively engaged in the process and expects to present shareholders with its leadership transition plan in the weeks ahead.”
Mack-Cali Realty Corp. is a fully integrated, self-administered, self-managed real estate investment trust (REIT) providing management, leasing, development, construction and other tenant-related services for its class A real estate portfolio.
Together with its sister company, FPL Associates, which provides compensation and management consulting services, Ferguson Partners serves clients worldwide from offices in Boston, Chicago, Hong Kong, London, New York, Singapore, Tokyo and Toronto.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media