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 to present at Citi 2014 Global Property CEO Conference
Feb 28, 2014, 17:57 ET
REMINDER: Forest City Enterprises 2013 Yearend Earnings Conference Call
Feb 27, 2014, 16:30 ET
Forest City Reports Results for 11 Months Ended December 31, 2013
Feb 27, 2014, 16:05 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.