Brixmor Property Group Names Mark Horgan Executive VP, Chief Investment Officer

The new executive will oversee the company's acquisition and disposition activity and help drive its capital allocation and portfolio strategy.

New York—Retail REIT Brixmor Property Group has appointed Mark Horgan as executive vice president and chief investment officer. Effective May 20, Horgan will oversee the acquisition and disposition activity and, together with Brixmor’s leasing, operations and redevelopment teams, will help drive the company’s capital allocation and portfolio strategy. Horgan succeeds Michael Hyun, who will step down from his role effective June 1 to pursue other professional opportunities.

Kroger Brentwood Plaza Cincinnati

Kroger Brentwood Plaza Cincinnati, one of Brixmor’s retail centers.

Horgan currently serves as a managing director at Eastdil Secured, an industry leader in real estate investment banking, brokerage and advisory services, where he is a senior member of the retail team. Horgan brings more than 18 years of retail real estate expertise, having worked for and advised retail real estate companies in investment underwriting, investor sourcing and capital markets transactions. Prior to Eastdil Secured, Horgan held positions at Federal Realty Investment Trust and the Mills Corp.

“Mark is an outstanding talent with deep and highly relevant experience in retail real estate at a transactional level,” James Taylor, incoming CEO & president. “Having worked with him in many capacities over the last 18 years, I am excited to have Mark join a talented team of professionals at Brixmor. I am also extremely grateful to Michael for his exceptional professionalism and teamwork in effecting this transition.”

As previously announced, James Taylor was named CEO & president of the company, effective May 20. He will join the Board of Directors following Brixmor’s 2016 Annual Meeting of Stockholders, which is scheduled for June 16. Taylor will succeed Daniel Hurwitz, who has held the position on an interim basis since February 2016. Hurwitz will continue to serve as a member of the company’s Board of Directors.

Meanwhile, Angela Aman will succeed Barry Lefkowitz as the company’s chief financial officer effective May 20, 2016. The appointments follow a recent leadership shakeup at Brixmor, which dismissed three of its top executives after an in-house audit uncovered cases of improper accounting.

Image courtesy of Brixmor Property Group