NEW YORK CITY-A little over a week after it announced that CFO Lawrence Kreider will be leaving, Cedar Shopping Centers, Inc. has announced that CEO Leo Ullman will retire, effective June 15, 2011.

Bruce Schanzer, currently managing director – Real Estate Investment Banking at Goldman, Sachs & Co., will succeed Ullman at Cedar. He has been an advisor at the company for several years, according to a release announcing the appointment.

“I am pleased to join Cedar and I accept this position with the clear goal of moving the company forward by executing upon its growth strategy while improving its financial performance,” Schanzer said in the release. “I have great admiration for what Leo has achieved over the years and I look forward to building upon this foundation with our strong management team.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.