Monday, March 14, 2011

Barden Gale to replace Robert as J.E. Robert Cos. CEO - Washington Business Journal:

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Gale comes by way of , where he was vice chairmam ofreal estate. He will begihn his new role overseeing daily operations at the commercia real estate companyin mid-July. Robert will become executive chairman, working with Gale on corporate strategy atthe McLean-baser company. Robert, a prominent philanthropist and underwent brain cancer surgeryin February. He also leadxs JER Commercial Debt Advisors LLCand (OTC: JERT.PK). After JER Investorsd Trust President Mark Weiss resignedJune 22, Robertt assumed the president role at that in addition to his chairman and CEO titles.
Priord to Gale’s role at he was chief investment officer for real estatweat , the investment arm of Stichting Pensioenfonds ABP, one of the world’ s largest and most sophisticated pension the company said. At ABP, Gale assemble d a team and built an investment platform while overseeing a globao real estate portfolio valued at more than 20 billion euros. “Barden’s 32 yearas of experience, exceptionally diverse real estatd background, investment expertise and track recordx asa manager, distinguished him amongsg the candidates. His impressive leadership qualities will be instrumenta l in shaping the company and running the Robert said ina statement.
“Barden is a top executivee whose experience through the various realestatw cycles, combined with his international experience, makes him a tremendousx asset to JER today and in the Gale has held investment banking rolew at in London and New York and at in New He also served as a principal at a real estate developmenf company in New York and was a practicinhg attorney.

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