NEW YORK--(BUSINESS WIRE)--
SL Green Realty Corp. (NYSE: SLG), New York City's largest owner of
commercial properties, today announced that Matthew J. DiLiberto has
been named the Company's Chief Financial Officer (CFO), effective Jan.
1, 2015, when the employment agreement of the current CFO, James Mead,
expires. Mr. Mead will be leaving to pursue other professional interests.
Mr. DiLiberto, age 40, has been with SL Green since 2004. Prior to this
promotion, he has been the Company's Chief Accounting Officer and
Treasurer, overseeing its finance, accounting and corporate capital
markets functions. Before joining the Company, he served for four years
as a Controller and Director of Information Management for Chelsea
Property Group, which is now a division of Simon Property Group. He
previously held positions at Vornado Realty Trust and at Coopers and
Lybrand, LLP, the predecessor to PricewaterhouseCoopers, LLP.
Marc Holliday, Chief Executive Officer of SL Green, commented, "We're
very excited about promoting Matt to the CFO position. He has proven to
be a great financial executive over the past 10 years, integral to the
major capital markets activities of the Company, as we grew dramatically
and broadened our operating platform after weathering a major economic
recession. Matt will continue to manage our balance sheet in a prudent
manner while allowing for further growth of the Company."
Mr. Mead departs after overseeing SL Green's financial operations since
late 2010. During his four-year tenure, SL Green actively participated
in the capital markets and bolstered its overall financial strength, as
illustrated by the fact that its debt has now received investment-grade
ratings from leading ratings agencies. Also under Mr. Mead's financial
leadership, the Company has delivered 86 percent in total return to
shareholders, outperforming all major U.S. office REITs while taking
full advantage of market opportunities.
Mr. Holliday said, "We are extremely grateful to Jim Mead for a job well
done over the past four years. Speaking personally, I will miss his
counsel and friendship. But when he indicated that he would like to
relocate back to Chicago full-time for family reasons, I certainly
understood and was supportive. All of us at SL Green wish him well in
his next endeavors."
About SL Green Realty Corp.
SL Green Realty Corp., New York City's largest office landlord, is a
fully integrated real estate investment trust, or REIT, that is focused
primarily on acquiring, managing and maximizing value of Manhattan
commercial properties. As of September 30, 2014, SL Green held interests
in 96 Manhattan buildings totaling 44.1 million square feet. This
included ownership interests in 28.0 million square feet of commercial
buildings and debt and preferred equity investments secured by 16.1
million square feet of buildings. In addition to its Manhattan
investments, SL Green held ownership interests in 35 suburban buildings
totaling 5.9 million square feet in Brooklyn, Long Island, Westchester
County, Connecticut and New Jersey. For more information, please visit: http://slgreen.com/
Forward-looking Statement
This press release includes certain statements that may be deemed to
be "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and are intended to be covered
by the safe harbor provisions thereof. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that we expect, believe or
anticipate will or may occur in the future, are forward-looking
statements. Forward-looking statements are not guarantees of future
performance and we caution you not to place undue reliance on such
statements. Forward-looking statements are generally identifiable by the
use of the words "may," "will," "should," "expect," "anticipate,"
"estimate," "believe," "intend," "project," "continue," or the negative
of these words, or other similar words or terms.
Forward-looking statements contained in this press release are
subject to a number of risks and uncertainties, many of which are beyond
our control, that may cause our actual results, performance or
achievements to be materially different from future results, performance
or achievements expressed or implied by forward-looking statements made
by us. Factors and risks to our business that could cause actual results
to differ from those contained in the forward-looking statements are
described in our filings with the Securities and Exchange Commission. We
undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of future events, new information or
otherwise.
SLG -GEN
SL Green Realty Corp.
Andrew Mathias, President, 212.594.2700
Source: SL Green Realty Corp.
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