December 09, 2014 - Front Section
According to SL Green Realty Corp. (SLG), Matthew DiLiberto has been named the company's chief financial officer, effective Jan. 1, 2015, when the employment agreement of the current CFO, James Mead, expires. Mead will be leaving to pursue other professional interests.
DiLiberto 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."