{"id":1004343458,"date":"2019-08-01T21:47:03","date_gmt":"2019-08-02T05:47:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004343458"},"modified":"2019-08-02T05:25:03","modified_gmt":"2019-08-02T13:25:03","slug":"hap-stein-steps-down-as-regency-centers-ceo","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hap-stein-steps-down-as-regency-centers-ceo\/","title":{"rendered":"Hap Stein Steps Down as Regency Centers&#8217; CEO"},"content":{"rendered":"<div id=\"attachment_1004343431\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004343431\" data-attachment-id=\"1004343431\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hap-stein-steps-down-as-regency-centers-ceo\/hap-stein_825x825\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hap-Stein_825x825-e1564724675768.jpg\" data-orig-size=\"802,618\" data-comments-opened=\"0\" 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;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Hap Stein_825x825\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Hap Stein&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hap-Stein_825x825-e1564724675768.jpg?w=802\" class=\"size-medium wp-image-1004343431\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hap-Stein_825x825-e1564724675768.jpg\" alt=\"\" width=\"300\" height=\"231\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hap-Stein_825x825-e1564724675768.jpg 802w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hap-Stein_825x825-e1564724675768.jpg?resize=300,231 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hap-Stein_825x825-e1564724675768.jpg?resize=768,592 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-1004343431\" class=\"wp-caption-text\">Hap Stein<\/p><\/div>\n<p>A changing of the guard is under way at Regency Centers Corp. Hap Stein, the retail REIT\u2019s longtime leader, will step down from his role as chairman &amp; CEO on Dec. 31, the firm announced on Thursday. Stein, who has served as CEO of the Jacksonville, Fla.-based firm since its public offering in 1993, will stay on as executive chairman.<\/p>\n<p>Succeeding Stein as CEO will be the firm\u2019s president &amp; chief financial officer, Lisa Palmer, who assumes her new duties on Jan. 1, 2020. A 23-year veteran of Regency, Palmer has served as CFO since 2013 and was appointed its president in 2016. Additional leadership roles she has held at the company include senior vice president of capital markets from 2003 to 2013.<\/p>\n<div id=\"attachment_1004343434\" style=\"width: 310px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004343434\" data-attachment-id=\"1004343434\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hap-stein-steps-down-as-regency-centers-ceo\/lisa-palmer_825x825\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Lisa-Palmer_825x825-e1709033481126.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" 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;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Lisa Palmer_825x825\" data-image-description=\"&lt;p&gt;Regency Centers and Whole Foods Market have a long history and working relathionship. Regency Centers&#8217; President &#038; CEO Lisa Palmer Image courtesy of Regency Centers&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Regency Centers and Whole Foods Market have a long history and working relathionship. Regency Centers&#8217; President &#038; CEO Lisa Palmer Image courtesy of Regency Centers&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Lisa-Palmer_825x825-e1709033481126.jpg?w=800\" class=\"size-medium wp-image-1004343434\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Lisa-Palmer_825x825-e1564696206608.jpg\" alt=\"\" width=\"300\" height=\"232\"><p id=\"caption-attachment-1004343434\" class=\"wp-caption-text\">Lisa Palmer, Regency Centers Image courtesy of Regency Centers<\/p><\/div>\n<p>Stein\u2019s retirement as CEO marks the end of an era for Regency. He joined the company in 1976, and by 1981 had risen to president. The firm went public in 1993, when Stein became the firm\u2019s CEO, and in 1999, he added the title of chairman.<\/p>\n<p>Under Stein\u2019s leadership, the company\u2019s holdings has grown to encompass 421 retail properties, primarily grocery-anchored community and neighborhood centers. A familiar figure in commercial real estate circles for decades, Stein has held a variety of leadership roles in the industry, including 2008 chairman of NAREIT.<\/p>\n<p>In addition to Palmer\u2019s appointment, Regency announced three senior executive promotions on Thursday. As part of the transition, Palmer will relinquish the position of chief financial officer as of Aug. 12. Her successor, Mike Mass, will become executive vice president &amp; chief financial officer. Also effective Aug. 12,&nbsp; Jim Thompson will be promoted to executive vice president &amp; COO, and Mac Chandler will become Regency&#8217;s executive vice president &amp; chief investment officer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lisa Palmer, the retail REIT&#8217;s president &#038; CFO, will succeed Regency&#8217;s longtime leader on Jan. 1, 2020. Stein, who has served as CEO since 1993, will stay on as executive chairman.<\/p>\n","protected":false},"author":445,"featured_media":1004343431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742,21744,21749],"tags":[33003],"class_list":["post-1004343458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","category-people","category-retail","tag-regency-centers-corporation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hap Stein Steps Down as Regency Centers&#039; CEO - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hap-stein-steps-down-as-regency-centers-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hap Stein Steps Down as Regency Centers&#039; CEO\" \/>\n<meta property=\"og:description\" content=\"Lisa Palmer, the retail REIT&#039;s president &amp; CFO, will succeed Regency&#039;s longtime leader on Jan. 1, 2020. 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