Lisa Palmer will take over as president and CEO of Regency Centers Corp. in January 2020.
JACKSONVILLE, FL—Shopping center development firm Regency Centers Corp. has announced an executive succession plan that includes having current president and CFO Lisa Palmer to take the reins of the company as president and CEO effective Jan. 1, 2020.
The Jacksonville, FL-based REIT reports that Martin E. “Hap” Stein, Jr. will transition from chairman and CEO to executive chairman, effective Jan. 1, 2020. He has served as the company’s CEO for more than a quarter century.
Palmer will vacate her role as chief financial officer, while retaining her position as president, effective August 12, 2019, with Mike Mas assuming the position of EVP, chief financial officer, at that time. Additionally, Jim Thompson will become EVP, chief operating officer, and Mac Chandler will become EVP, chief investment officer, effective August 12, 2019.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
