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Stock impact report

Douglas Elliman Inc. Announces Leadership Transition

Douglas Elliman Inc. (DOUG) 
Company Research Source: Business Wire
Howard M. Lorber Has Decided to Retire; Board Director Michael Liebowitz Appointed Chairman & CEO MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG, “Douglas Elliman” or the “Company”) today announced that Howard M. Lorber (76) has decided to retire from his position as President, Chief Executive Officer and Chairman of the Board. Douglas Elliman extends its deepest appreciation to Mr. Lorber for his strategic vision and years of dedication and hard work that have made Douglas Elliman the country’s premier real estate brokerage firm, setting new standards in luxury service and innovation.Douglas Elliman Board Director Michael Liebowitz (55) has been appointed Chairman and Chief Executive Officer of Douglas Elliman.“Douglas Elliman is an iconic brand, and I am honored to be appointed as Chairman and CEO to lead the Company into its next chapter of growth and diversification,” said Mr. Liebowitz. “With a strong balance sheet, robust pipeline of projects in our Development Mark Show less Read more
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