A Criimi Mae Director Moves On

ROCKVILLE, MD-The new year has brought a new change to the top of the masthead at Criimi Mae Inc. The commercial mortgage company has just revealed that the Board of Directors will lose Donald J. MacKinnon, who is resigning from his position. MacKinnon’s departure is an amicable one; he is leaving Criimi Mae to take on the role of managing director at investment banking and securities firm Nomura Securities International.

In his letter of resignation, McKinnon explains that, “Nomura compliance requirements as well as the fact that I may seek to engage in business activities with Criimi in the future dictate that I must resign from my position on the Board.” MacKinnon, who began his term as a director at Criimi Mae in 2001, had also been serving as CEO of real estate software technology firm REALM. His term as a director was scheduled to expire this year.