Search
 

Witkoff CFO Stone Resigns as Musical Chairs Hits Fevor Pitch

NEW YORK CITY-The C-Suite Shuffle continues. An industry source tells GlobeSt.com that George Stone, CFO of the Witkoff Group, is about to jump ship and that major cutbacks are in store at the firm.

By Glen Thompson | Updated on July 19, 2002

NEW YORK CITY-GlobeSt.com has learned that Witkoff Group CFO George Stone is leaving the company for parts unknown. The move is emblematic of an already transient industry’s recently accelerated jump rate.

“Yes, he is leaving or has left” the source tells GlobeSt.com. “I don’t think he left for another opportunity. I do think there’s a major downsizing going on there.”

Witkoff, based here, specializes in acquiring and renovating office properties, such as the landmark Woolworth Building. But CEO Steven C. Witkoff keeps the firm active in virtually all aspects of the industry and across most sectors in several key markets. Witkoff and Stone did not return calls by press time.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.