Lightstone Group CFO resigns

Donna Brandin has been with the firm since 2008

TRD New York /
May.May 07, 2018 06:28 PM
Donna Brandin

Donna Brandin

Lightstone Group’s CFO Donna Brandin is stepping down after a decade at the firm.

Brandin, who also holds the position of executive vice president, will resign after the final year on her contract, according to a regulatory filing. Lightstone did not divulge her departure date. However, her term as a director expires on Aug. 9, when the development firm holds its annual meeting of stockholders.    

Before joining Lightstone in 2008, Brandin held executive posts in a diverse mix of industries. She previously served as the senior vice president of Campbell Soup. She also held the positions of senior vice president at Cardinal Health and director of corporate finance at Emerson Electric Company.

She entered the real estate industry in 2004, when she was named as executive vice president and chief financial officer at Equity Residential. According to a 2016 Bisnow profile, Sam Zell recruited her in spite of her lack of real estate experience.

A spokesperson for Lightstone told The Real Deal, “This is the final year of Donna’s contract, and she is leaving Lightstone to pursue other opportunities. In her 10 years at Lightstone, Donna guided the company through many of its successes, and we are grateful that Donna has agreed to assist in ensuring a smooth transition.” 

She will also vacate her posts in Lightstone affiliates such as Behringer Harvard Opportunity REIT, Lightstone Real Estate Income Trust and Lightstone Value Plus REIT.


Related Articles

arrow_forward_ios
Town & Country Crossing in Town & Country, MO; The Crossroads in Royal Palm Beach, FL; and Mission Bay Plaze in Boca Raton, FL

Here’s why open-air strip centers are outperforming enclosed malls

Warehouse owners performed the best, while mall owners continued to struggle (Credit: iStock, Pixabay)

Real estate stocks see best returns in 5 years, but trail S&P

Gary A. Shiffman and Prologis CEO Hamid R. Moghadam (Credit: Prologis)

Here’s why “Steady-Eddie” REITs are having a standout 2019

From left: Noah Isaacs , David Lichtenstein and John Meadows

Lightstone leads $8M funding round for appraisal startup Bowery Valuation

Lightstone Group Chairman and CEO David Lichtenstein and the Tel Aviv Stock Exchange (Credit: Lightstone and iStock)

Lightstone becomes third NYC developer in a week to plan new Tel Aviv bond issuance, targeting $73M

From left: A rendering of 425 Park Avenue, iStar CEO Jay Sugarman, and Nuveen managing director Nadir Settles (Credit: rendering via L&L Holding/Sugarman by Emily Assiran/Settles via Nuveen)

iStar-managed REIT signs $620M contract to buy ground lease at L&L’s 425 Park

Lightstone Group CEO David Lichtenstein and Moxy Chelsea at 105 W 28th Street (Credit: Lightstone and Facebook)

Lightstone gave its neighbors $7M to build a hotel. Then the neighbors secretly went to war, suit claims.

(Credit: iStock and chart via MarketWatch)

Stock indexes hit records as market anticipates rate cut. Here’s what that means for real estate

arrow_forward_ios
Loading...