Statement concerning media reports of leadership succession at Forest City Ratner Companies
CLEVELAND, Jan. 31, 2013 /PRNewswire/ -- In response to recent media reports concerning leadership succession at Forest City Ratner Companies (FCRC), parent company Forest City Enterprises, Inc. (NYSE: FCEA and FCEB), issued the following statement:
At this time, the company has no definitive announcement to make concerning potential leadership succession at FCRC. The company emphasizes that any such announcement and change in leadership, when appropriate, would be the result of ongoing succession planning that the company undertakes continuously and as a matter of course. Moreover, under any potential leadership succession for FCRC, the company expects that Bruce C. Ratner, FCRC chairman and CEO, will remain deeply engaged and involved in the business that he founded and built into one of New York City's preeminent real estate concerns.
SOURCE Forest City Enterprises, Inc.
More by this Source
Forest City Enterprises Notice of Third-Quarter 2013 Earnings and Conference Call
Dec 02, 2013, 12:53 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.