Grubb & Ellis (GBE) CEO Resigns; Gary H. Hunt Appoints as Interim Replacement
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Grubb & Ellis Company (NYSE: GBE) announced that its Board of Directors has accepted the resignation of Scott D. Peters as Chief Executive Officer, President and Director, effective immediately. Peters resigned to pursue other interests. The Board has appointed Independent Director Gary H. Hunt, interim Chief Executive Officer and a search for a permanent CEO is underway.
Peters is expected to continue as a strategic advisor to the Company and there has been no change in his status as Chairman and Chief Executive Officer of Grubb & Ellis Healthcare REIT or as Executive Vice President of Grubb & Ellis Apartment REIT.[SM]
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