Mack-Cali Appoints Mitchell Rudin As CEO, Michael DeMarco As COO

(RTTNews) - Mack-Cali Realty Corp. (CLI) said Wednesday that it has appointed Mitchell Rudin as chief executive officer and Michael DeMarco as president and chief operating officer, effective immediately.

Rudin most recently served as the president and chief executive officer of U.S. Commercial Operations at Brookfield Office Properties and prior to that he served as the president and chief executive officer of the New York Tri-State Region for CBRE, Inc.

DeMarco's expertise is in the areas of investment banking, capital markets, and restructuring of operations, which includes his time as a senior managing director at Lehman Brothers, a managing director at Fortress Investment Group, and an executive vice president at Vornado Realty Trust.

Mack-Cali said in April that its CEO Mitchell Hersh would step down at annual meeting in May.