EDISON, NJ—Mitchell E. Hersh, president and chief executive officer of Mack-Cali, will step down from that position at the company's annual meeting in May 2015 and will not stand for reelection to the Mack-Cali board of directors, the company announced today. He became CEO in 1999 and president in 2004.
Hersh has been with the company for 17 years and with its predecessor, The Mack Company, for 24 years previously. He has been a member of the company's board and the board's executive committee since 1993. He was chairman of The Mack Company when it merged with Cali Realty Corporation in 1997.
The company says its board will form a search committee and retain a leading executive search firm to identify a successor. Hersh will continue to lead Mack-Cali in his current positions until his departure and will support the board's search process, the company says.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
