Search
 

Silverstein Appoints New CEO

NEW YORK CITY-Previously co-CEO with company founder Larry Silverstein, Marty Burger now will run day-to-day operations while the 82-year-old Silverstein has stepped aside to become chairman.

By Rayna Katz | Updated on January 14, 2014

NEW YORK CITY-Silverstein Properties has bumped Marty Burger up from co-CEO to the sole executive in the position, effective immediately. Company founder and the former other co-CEO, Larry Silverstein, will step aside, becoming chairman of the firm.

Effective immediately, Burger will oversee the company’s day-to-day operations and lead its efforts to develop new projects in the United States, China, Eastern Europe and Israel. For his part, Silverstein will continue to oversee development of the World Trade Center. A spokesman for the company declined to comment on the motivation behind the move, but Silverstein has said in recent comments that he’s slowing down.

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.