General Growth CEO and president to leave Dec. 22

NEW YORK, Dec 17 (BestGrowthStock) – General Growth Properties Inc
(GGP.N: ) Chief Executive Officer Adam Metz and President and
Chief Operating Officer Thomas Nolan will leave the company on
Dec. 22, sources familiar with the matter said on Friday,
actions that had been expected.

The two led the No. 2 U.S. mall owner through its
bankruptcy, from which it emerged on Nov. 9.

The company said earlier this year that it would replace
its two most senior executives and name Sandeep Mathrani, the
former head of Vornado Realty Trust’s (VNO.N: ) retail unit, as
its new CEO.
(Reporting by Ilaina Jonas)

General Growth CEO and president to leave Dec. 22