Business Management People on the Move
Hirvela Resigns as BRE Properties EVP, CFO
Nov 14, 2008

BRE Properties Inc. announced the resignation of Henry Hirvela, the company's executive vice president and CFO, effective today. Hirvela resigned for personal reasons and not as a result of any disagreement with the company regarding financial or accounting practices. The company has appointed Edward Lange, Jr., currently executive vice president, chief operating officer, to serve as CFO. Lange, who will continue to serve as COO, served as CFO from June 2000 to December 2006, and as COO and CFO from January 2007 to May 2008, when Hirvela joined the company. The company has no immediate plans to commence a search for a new CFO.


 
Recent People on the Move Headlines
Bibby Takes Over as Grosvenor CEO
Jan. 06, 2009
Andrew Bibby has assumed the role of CEO for Grosvenor Americas, the U.S. and Canadian operations are of private property development, investment and fund management firm Grosvenor Group. Bibby previously served as the firm’s chief development officer.
Freddie Mac’s New Chief Credit Officer Brings Strong Credentials to Tough Task
Dec. 30, 2008
Freddie Mac today named Raymond G. Romano chief credit officer. Romano had been the company’s senior vice president of credit risk oversight since joining Freddie Mac in 2004 and in September also took the position of acting chief credit officer.
maggiacomo Sperry Van Ness Gets New President
Dec. 30, 2008
Sperry Van Ness International will kick off the new year with a new president, now that the real estate brokerage firm's board of directors has voted unanimously to push COO Kevin Maggiacomo up the ladder to the new position.
Charles Dunn Promotes Harris to Senior Director
Dec. 22, 2008
Susan Harris has been promoted to senior director at Charles Dunn Co., a partner of GVA Worldwide. Based in Los Angeles, she was formerly director of its retail services group.
New SEC Head Faces Tough Tasks
Dec. 18, 2008
President-elect Barack Obama has picked Mary Schapiro to chair the Securities and Exchange Commission. Schaprio was a member of the SEC from 1988 to 1994--originally appointed by President Reagan--and is currently CEO of the non-governmental Financial Industry Regulatory Authority, a post she has held for about two years. She also chaired of the Commodity Futures Trading Commission for two years during the Clinton administration.
 
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REal Talk with Adam Perrotta-Monday
January 05, 2009
As the new year dawns, there is much to suggest that the hangover of 2008 will be sticking around for some time to come. Troubling financial and economic reports continue to haunt the headlines, the housing market remains in the...

Markets Start 2009 With Upward Bump
January 05, 2009
By Dees Stribling, Contributing Editor-- Instead of a lackluster lull after the New Year' s holiday, investors decided to buy equities on Friday, driving the Dow Jones index up 258 points, or nearly 3 percent. The S&P 500 and Nasdaq...

Atlanta Office Market Survives 2008 with Positive Absorption
January 05, 2009
By Tonie Auer, Southwest Correspondent-- Despite the poor fourth quarter results and bleak economic news, Atlanta's office market ended 2008 with positive absorption of 391,300 square feet--but that's down more than 2.4 million square feet from the 2.9 million absorbed...

Emeritus Closes Refi Deal, Extends $73M Debt
January 05, 2009
By Barbra Murray, Contributing Editor-- Assisted living and Alzheimer's care facilities provider Emeritus Corp. capped the end of the year by ensuring there would be no material maturities hanging over its head in 2009. The company wrapped up the $36.3...

As Phoenix Light Rail Debuts, Will T.O.D. Get on Track?
January 05, 2009
By Eugene Gilligan, Senior Editor -- Phoenix's $1.4 billion, 20-mile light rail system carried its first passengers on Dec. 27th, and real estate professionals believe that development opportunities around the line's 20 stations are significant; Valley Metro, which operates the...

Management Matters with Mike Myatt: The Next Domino to Fall
December 04, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --The next domino in the economic downturn is already starting to fall. The more layers of the onion we peel back on the chaos in the capital markets, the worse the news seems...

Management Matters with Mike Myatt; Web 3.0
November 20, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --As quickly as Web 2.0 arrived, it is being overcome by the next generation of digital applications and toolsets. Moreover, the need for broader understanding as to how to implement a more sophisticated...

Management Matters with Mike Myatt: Teach Them to Fish
November 14, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Do you feed your employees, or do you teach them how to fish? Do you like to swoop in and save the day? Do you see yourself as the white knight that can...

Management Matters with Mike Myatt: Good Employees Are Not Expendable
November 07, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Good employees are not expendable. As a CEO running a company during tough economic times, if your strategy to survive the economic downturn is to implement a slash and burn approach to cost...

Management Matters with Mike Myatt: Surviving the Economic Downturn
October 17, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --As odd as it may sound, if you want to survive the economic downturn, increase your marketing expenditures. If you're the short-sighted CEO who cuts back on marketing, branding, and advertising budgets in...