Mack-Cali Realty Corp., New Jersey's largest office landlord, said four directors won't stand for reelection following a bitter proxy battle, giving a dissident shareholder group key board seats. The move marks an historic easing of control by a founding family -- just hours before its annual meeting.
Mack-Cali Hands Dissidents Board Seats, Eases Control in Key US Office Market
In Historic Shift, a Founding Family Gives Up Nominating Rights -- Just Hours Before Annual Meeting
By Linda Moss
CoStar News
June 12, 2019 | 2:01 P.M.
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IN THIS ARTICLE
- Properties
- Harborside 3
210 Hudson St, Jersey City, NJ
- Companies
- Veris Residential, Inc.
Real Estate