RBC Capital Downgrades Brixmor Property (BRX) to Underperform

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Go back to RBC Capital Downgrades Brixmor Property (BRX) to Underperform

Brixmor Property Group (BRX) CEO, CFO Resign Following Completion of Audit Committee Review

February 8, 2016 7:40 AM EST

Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that it has named Daniel Hurwitz, former CEO of DDR Corp. and the founder and CEO of Raider Hill Advisors, LLC, as Interim Chief Executive Officer, effective immediately. Mr. Hurwitz will also be appointed to serve on the Company's Board of Directors.

The Company also announced that Chief Executive Officer Michael Carroll, President and Chief Financial Officer Michael Pappagallo, and Chief Accounting Officer Steven Splain, along with an accounting employee, have resigned, effective immediately. Mr. Carroll has also stepped down from... More