NEW YORK CITY—SL Green Realty Corp. has named Matthew J. DiLiberto as its new CFO. The appointment becomes effective on Jan. 1, 2015, when the employment agreement of the current CFO, James Mead, expires. Mead will leave in order to pursue other professional interests.
DiLiberto has been with SL Green since 2004. He is the company's chief accounting officer and treasurer, overseeing its finance, accounting and corporate capital markets functions. Before joining the company he served for four years as a controller and director of information management for Chelsea Property Group, which is now a division of Simon Property Group. He previously held positions at Vornado Realty Trust and at Coopers and Lybrand, LLP, the predecessor to PricewaterhouseCoopers.
“We're very excited about promoting Matt to the CFO position,” says SL Green CEO Marc Holliday. “He has proven to be a great financial executive over the past 10 years, integral to the major capital markets activities of the Company, as we grew dramatically and broadened our operating platform after weathering a major economic recession. Matt will continue to manage our balance sheet in a prudent manner while allowing for further growth of the company.”
Mead departs after overseeing SL Green's financial operations since late 2010. During his tenure, SL Green actively participated in the capital markets and bolstered its overall financial strength, as illustrated by the fact that its debt has now received investment-grade ratings from leading ratings agencies. Also under Mead's financial leadership, the Company has delivered 86% in total return to shareholders, outperforming all major US office REITs.
“We are extremely grateful to Jim Mead for a job well done over the past four years,” Holliday adds. “Speaking personally, I will miss his counsel and friendship. But when he indicated that he would like to relocate back to Chicago full-time for family reasons, I certainly understood and was supportive. All of us at SL Green wish him well in his next endeavors.”
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
