Arnold de Haan is stepping down from his role as ceo of Multi Development on 1 May 2007. He has agreed to serve as a senior advisor to Multi and its shareholder Morgan Stanley Real Estate Fund V International 'for a certain period', the company said in a four-line press statement issued on Wednesday afternoon. The statement did not elaborate on why De Haan is stepping down as ceo.
Arnold de Haan is stepping down from his role as ceo of Multi Development on 1 May 2007. He has agreed to serve as a senior advisor to Multi and its shareholder Morgan Stanley Real Estate Fund V International 'for a certain period', the company said in a four-line press statement issued on Wednesday afternoon. The statement did not elaborate on why De Haan is stepping down as ceo.
Hans van Veggel, chairman of the board, will serve as interim ceo until a replacement for De Haan has been appointed.
Multi Corporation, headquartered in the Netherlands, is a major property company that develops, owns and operates shopping centres, offices and mixed-use projects in Europe through its subsidiaries, Multi Development, Multi Investment, Multi Asset Management and Multi Mall Management.