Related Companies Appoints New CFO
David Zussman, previously a VP at Related, is replacing Michael Brenner, who is retiring from his full-time duties.
NEW YORK CITY—Related Companies has named David Zussman chief financial officer. As the CFO, Zussman will oversee Related’s finance, accounting and treasury groups as well as continue his involvement with the company’s financial planning and capital markets initiatives. He will join Related’s investment committee and the investment committees for several of the funds managed by Related Fund Management.
“David’s deal acumen, intellect and focus are unmatched and his generous and collaborative spirit have endeared him to our entire organization,” said Jeff T. Blau, CEO of Related Companies. “David’s track record and tenure at Related and his consistent determination and passion make him an ideal fit for the role.”
Previously a VP, Zussman joined Related in 2010. The New York-headquartered real estate firm states he has played a vital role in more than $18 billion in transactions across the company, and was intimately involved in the capital strategy, fundraising and financial management of Hudson Yards. Some of his career highlights include working on the sale-leaseback of Time Warner’s office condominium at Time Warner Center and subsequent re-leasing to Deutsche Bank, the $5 billion capitalization of 30 Hudson Yards, The Shops & Restaurants at Hudson Yards, and the $3.8 billion capitalization of 50 Hudson Yards.
Zussman came to Related from Lazard’s real estate investment banking group. He earned a bachelor of business administration degree with high distinction from the Stephen M. Ross School of Business at the University of Michigan.
Michael Brenner is retiring from his full-time role as CFO, a position he held for 22 years. He will remain at Related as an EVP.