{"id":1004018492,"date":"2010-03-22T12:20:07","date_gmt":"2010-03-22T20:20:07","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004018492"},"modified":"2022-12-08T12:37:42","modified_gmt":"2022-12-08T20:37:42","slug":"rufrano-resigns-from-ggp-board-to-avoid-conflict-of-interest","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rufrano-resigns-from-ggp-board-to-avoid-conflict-of-interest\/","title":{"rendered":"Rufrano Resigns From GGP Board to Avoid Conflict of Interest"},"content":{"rendered":"<p>March 22, 2010<br \/>\nBy Allison Landa, News Editor<\/p>\n<div id=\"attachment_1004018493\" style=\"width: 160px\" class=\"wp-caption alignright\"><a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/03\/Ivan-Walsh.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004018493\" data-attachment-id=\"1004018493\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/rufrano-resigns-from-ggp-board-to-avoid-conflict-of-interest\/ivan-walsh\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/03\/Ivan-Walsh.jpg\" data-orig-size=\"500,375\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Ivan Walsh\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Courtesy Flickr Creative Commons user Ivan Walsh&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/03\/Ivan-Walsh.jpg?w=500\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/03\/Ivan-Walsh.jpg\" alt=\"\" title=\"Ivan Walsh\" width=\"150\" height=\"150\" class=\"size-thumbnail wp-image-1004018493\" \/><\/a><p id=\"caption-attachment-1004018493\" class=\"wp-caption-text\">Courtesy Flickr Creative Commons user Ivan Walsh<\/p><\/div>\n<p>Glenn Rufrano has resigned from the General Growth Properties Board of Directors due to his recent appointment as president and chief executive officer of Cushman &amp; Wakefield Inc. <\/p>\n<p>The move was made in order to avoid a conflict of interest since Cushman is a provider of appraisal services to GGP in conjunction with its ongoing financial restructuring and is consistent with bankruptcy code requirements. GGP is the nation&#8217;s second-largest shopping mall developer.<\/p>\n<p>Rufrano was appointed to the board in July 2009.<\/p>\n<p>\u201cGlenn\u2019s CEO and restructuring experience, combined with his regional shopping mall expertise, will be invaluable to the company as we continue to develop the plan to emerge from bankruptcy,\u201d GGP chief executive officer Adam Metz said in a statement at the time Rufrano was appointed. \u201cWe are delighted to be able to strengthen our board with this latest addition and look forward to benefiting from his insights and experience.\u201d<\/p>\n<p>GGP is currently searching for a replacement for Rufrano.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Glenn Rufrano has resigned from the General Growth Properties Board of Directors due to his recent appointment as president and chief executive officer of Cushman &amp; Wakefield Inc.<\/p>\n","protected":false},"author":936,"featured_media":1004018493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37774,37775,21742,37776,37777,21749,37778],"tags":[],"class_list":["post-1004018492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rc-dividend-yield","category-rc-forward-affo-payout-ratios","category-latest","category-rc-premium-discount-to-nav","category-rc-price-ltm-ffo","category-retail","category-rc-total-return"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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