By Paul Ziobro
Real-estate brokerage Douglas Elliman appointed board member Michael Liebowitz as chief executive, effective immediately, succeeding Howard Lorber.
The appointment came after Lorber, age 76, on Monday notified the board of his resignation, according to a Securities and Exchange Commission filing Tuesday. A separate press release said Lorber decided to retire.
Liebowitz, age 55, has served on the board of Douglas Elliman since 2021. In the past 25 years, he has acquired or founded companies including Harbor Group Consulting, National Financial Partners, Innova Risk Management and High Street Valuations.
He also has experience in real estate and is currently redeveloping the Mondrain South Beach Hotel in Miami.
Write to Paul Ziobro at paul.ziobro@wsj.com
(END) Dow Jones Newswires
October 22, 2024 17:26 ET (21:26 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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