Simon Property Group Announces Appointment of Randall J. Lewis to Board of Directors

Rhea-AI Summary

Simon, a leading real estate investment trust specializing in premier shopping and mixed-use destinations, has announced the appointment of Randall J. Lewis to its Board of Directors, effective March 21, 2023. Mr. Lewis, a Managing Partner at Cleveland Avenue, brings over 35 years of experience in finance, risk management, and operations from his tenure at major firms including GE and Wells Fargo. Chairman David Simon welcomed Lewis, highlighting his extensive skill set. Simon Property Group is a significant player in the industry, reflected by its S&P 100 status and global presence, contributing to billions in annual sales.

Positive

• Appointment of Randall J. Lewis expected to enhance the board's expertise.
• Lewis's extensive background in finance and operations may provide valuable insights.

Negative

• None.

INDIANAPOLIS, March 23, 2023 /PRNewswire/ -- Simon^®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that Randall J. Lewis has been appointed to its Board of Directors, effective March 21, 2023. Mr. Lewis is the Managing Partner for Cleveland Avenue, LLC, a venture capital investment firm that invests in agrifood and beverage, related technologies, and life-style related technology investments. He has been with the firm since 2020.

Mr. Lewis has over thirty-five years of finance, risk management, and operations experience. This includes his years with GE, Wells Fargo and Elevance Health, Inc. (Formerly Anthem). While working for these Fortune 500 companies, Mr. Lewis held various senior executive roles, including Executive Vice President and Chief Compliance Officer, Executive Vice President and Chief Auditor, Managing Director of Corporate Development, and Chief Executive Officer for a start-up logistics firm.

David Simon, Chairman of the Board, Chief Executive Officer and President, remarked, "On behalf of the entire Board, I would like to welcome Randall. We are fortunate to have attracted someone with the experience, skills and character that Randall has."

About Simon
Simon^® is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

 

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SOURCE Simon

FAQ

Who is Randall J. Lewis and what is his role at Simon?

Randall J. Lewis is the newly appointed member of the Board of Directors at Simon, effective March 21, 2023.

What experience does Randall J. Lewis bring to Simon?

Lewis has over 35 years of experience in finance, risk management, and operations, having worked with companies like GE and Wells Fargo.

When was Randall J. Lewis appointed to the Board of Directors of Simon Property Group?

Randall J. Lewis was appointed to the Board of Directors on March 21, 2023.

What is the significance of Randall J. Lewis's appointment for Simon (SPG)?

His appointment is expected to enhance board expertise and strategic insights, potentially benefiting the company moving forward.