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Simon Property Group Announces Retirement of Herbert Simon

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Simon Property Group (NYSE: SPG) announced the retirement of Herbert Simon, Chairman Emeritus of the Board of Directors, effective February 4, 2025. Herbert Simon, who co-founded the company 65 years ago, expressed confidence in the company's future under the leadership of David Simon, who has served as CEO since 1994. David Simon, currently Chairman, CEO and President, acknowledged Herbert's contributions as co-founder and his impact on the company's more than 3,600 employees.

Simon Property Group (NYSE: SPG) ha annunciato il ritiro di Herbert Simon, Presidente Emerito del Consiglio di Amministrazione, con effetto dal 4 febbraio 2025. Herbert Simon, co-fondatore dell'azienda 65 anni fa, ha espresso fiducia nel futuro dell'azienda sotto la guida di David Simon, che è CEO dal 1994. David Simon, attualmente Presidente, CEO e Presidente, ha riconosciuto i contributi di Herbert come co-fondatore e il suo impatto sui più di 3.600 dipendenti dell'azienda.

Simon Property Group (NYSE: SPG) anunció la jubilación de Herbert Simon, Presidente Emérito de la Junta Directiva, a partir del 4 de febrero de 2025. Herbert Simon, quien cofundó la empresa hace 65 años, expresó confianza en el futuro de la compañía bajo el liderazgo de David Simon, quien ha sido CEO desde 1994. David Simon, actualmente Presidente, CEO y Presidente, reconoció las contribuciones de Herbert como cofundador y su impacto en los más de 3,600 empleados de la empresa.

사이먼 부동산 그룹 (NYSE: SPG)은 이사회의 명예 의장인 허버트 사이먼의 은퇴를 2025년 2월 4일부로 발표했습니다. 65년 전 회사를 공동 설립한 허버트 사이먼은 1994년부터 CEO로 재직 중인 데이비드 사이먼의 리더십 하에 회사의 미래에 대한 자신감을 표명했습니다. 현재 의장, CEO, 사장직을 맡고 있는 데이비드 사이먼은 공동 설립자인 허버트의 기여와 회사의 3,600명 이상의 직원에게 미친 영향을 인정했습니다.

Simon Property Group (NYSE: SPG) a annoncé la retraite de Herbert Simon, Président Émérite du Conseil d'Administration, prenant effet le 4 février 2025. Herbert Simon, qui a cofondé l'entreprise il y a 65 ans, a exprimé sa confiance dans l'avenir de l'entreprise sous la direction de David Simon, qui est PDG depuis 1994. David Simon, actuel Président, PDG et Président, a reconnu les contributions d'Herbert en tant que cofondateur et son impact sur les plus de 3 600 employés de l'entreprise.

Simon Property Group (NYSE: SPG) gab die Pensionierung von Herbert Simon, dem Ehrenvorsitzenden des Vorstands, bekannt, die am 4. Februar 2025 in Kraft tritt. Herbert Simon, der das Unternehmen vor 65 Jahren mitbegründete, äußerte Vertrauen in die Zukunft des Unternehmens unter der Leitung von David Simon, der seit 1994 als CEO fungiert. David Simon, der derzeit Vorsitzender, CEO und Präsident ist, würdigte die Beiträge von Herbert als Mitbegründer und dessen Einfluss auf die mehr als 3.600 Mitarbeiter des Unternehmens.

Positive
  • 65-year legacy of successful real estate business development
  • Stable leadership with 30-year tenure of current CEO David Simon
  • Strong workforce of 3,600+ employees
Negative
  • None.

INDIANAPOLIS, Feb. 6, 2025 /PRNewswire/ -- The Board of Directors of Simon Property Group, Inc. (NYSE: SPG) today announced that Herbert Simon Chairman Emeritus of the Board of Directors has retired effective February 4, 2025.

Herbert Simon stated, "Mel and I started our real estate journey 65 years ago having no idea where it would take us. Simon has grown to be one of the most respected and successful companies in the world. With David's leadership as CEO starting 30 years ago in 1994, I expect that SPG will continue to grow and prosper for many years to come. I look forward to watching its continued success with all the future opportunities brought its way."

David Simon, Chairman, Chief Executive Officer and President, stated, "Our Company has benefited greatly from Herb's unique knowledge and experience as one of our co-founders, and I thank him immensely on behalf of myself, the Board, our management team and more than 3,600 employees."

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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FAQ

When did Herbert Simon retire from Simon Property Group (SPG)?

Herbert Simon retired as Chairman Emeritus of Simon Property Group effective February 4, 2025.

How long was Herbert Simon involved with Simon Property Group (SPG)?

Herbert Simon was involved with Simon Property Group for 65 years, having co-founded the company.

How long has David Simon been CEO of Simon Property Group (SPG)?

David Simon has been CEO of Simon Property Group since 1994, marking a 30-year tenure as of 2025.

How many employees does Simon Property Group (SPG) currently have?

Simon Property Group currently employs more than 3,600 people.

What positions does David Simon hold at Simon Property Group (SPG)?

David Simon serves as Chairman, Chief Executive Officer, and President of Simon Property Group.

Simon Property Group, Inc.

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