Brookfield promotes vet to replace Mitch Rudin

Paul Schulman, who headed up DC operations, to oversee entire U.S. portfolio

From left: Paul Schulman and Mitch Rudin (Credit: STUDIO SCRIVO)
From left: Paul Schulman and Mitch Rudin (Credit: STUDIO SCRIVO)

Brookfield Office Properties has found a replacement for Mitch Rudin, the CEO of commercial operations who made a surprise exit last month. Paul Schulman, a Brookfield vet who was in charge of operations in Washington, D.C., will now serve as president and COO of the entire U.S. office portfolio.

The Toronto-based firm owns 63 buildings in the U.S., spanning 57 million square feet. Schulman joined the company in 1998.

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“Paul has been an integral member of the U.S. senior executive team for many years,” Brookfield Office Properties’ CEO Dennis Friedrich said in a statement provided to Crain’s. “The business will continue to flourish and grow under his increased leadership and strategic vision.”

Rudin left the firm about halfway through his five-year contract. [Crain’s]Mark Maurer