CenterPoint Properties Announces the Completion of Its CEO Transition

OAK BROOK, Ill., Oct. 4, 2011 /PRNewswire/ -- Last Friday, CenterPoint's Mike Mullen stepped down as the Company's Chief Executive Officer but will remain with the firm as vice-chairman of the Board of Trustees and a member of the firm's Asset Allocation Committee.  He is succeeded by current company President, Paul Fisher, who will assume the role of President and CEO.  

Michael Mullen was named CEO of CenterPoint Properties in January 2005.  He was a co-founder of the company in 1993 and has served as past President and Trustee, Executive Vice President and Chief Operating Officer, Executive Vice President Marketing and Acquisitions and Chief Investment and Development Officer of the Company.  He is a past Chairman of the National Association of Industrial and Office Parks.  Mike leaves a legacy of unparalleled achievements including such Chicago landmarks as the O'Hare Express airport development and the nation's largest inland port comprised of the Elwood and Joliet CenterPoint Intermodal Centers (formerly the Joliet Arsenal).  Mike was a visionary leader and a dear friend.  His daily presence will be missed and we wish him well.

Incoming CEO Paul Fisher is also a founder of the company.  He has been President since 2005 and previously served as Chief Financial Officer and General Counsel.  Mr. Fisher was elected to the Midwest Hall Of Fame by Midwest Real Estate News in 2010.  In February 2005, Institutional Investor named Mr. Fisher as one of "America's Best CFOs."  Prior to joining the Company in 1991, he held executive positions with real estate firms and investment banks in Chicago and New York.  Mr. Fisher began his career practicing law after earning his Doctor of Law degree in 1980 from the University of Chicago Law School.  He graduated in 1977 from The University of Notre Dame, with highest honors, with a Bachelor of Arts degree in Economics and was elected to Phi Beta Kappa.

About CenterPoint Properties

CenterPoint Properties is focused on the development, ownership and intensive management of industrial real estate and related rail, road and port infrastructure.  The company adds value to its customers through forward-thinking solutions aimed at enhancing supply chain and operating efficiencies.  CenterPoint seeks long term relationships with customers, its business partners, and the communities where it invests.  The Company recently won the Developer of the Year from the National Association of Industrial and Office Parks and also received the Intermodal Achievement Award from IANA (Intermodal Association of North America), which recognizes outstanding contributions towards the advancement of the intermodal freight transportation industry.

SOURCE CenterPoint Properties