Herlitz Assumes CFO Role with Howard Hughes Corp. During Executive Search
Posted February 3, 2011
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Concomitant with its termination of its management services agreement with Brookfield Advisors LP, which became effective January 31, 2011, The Howard Hughes Corporation lost its interim Chief Financial Officer, Mr. Rael Diamond. Diamond served in this capacity under the terms of the Management Agreement.
The Company's Board of Directors has since appointed Grant Herlitz as Interim Chief Financial Officer, and is conducting an executive search for a permanent Chief Financial Officer.
Herlitz, age 38, also serves as the President of the Company, a position he has held since November 22, 2010. Herlitz served as the Company's Interim Executive Vice President from November 9, 2010, the date of the Company's spin-off from General Growth, until his appointment as President of the Company.
Herlitz serves as both President and Chief Financial Officer of TPMC Realty Corporation, a company he joined in October 2000 as Vice President of Investments. From 1997 to 2000, Herlitz was Assistant to the Chairman and Chief Executive Officer of FirstPlus Financial Group, Inc. From 1994 to 1997, Herlitz worked as a tax accountant.
Herlitz began his career with the European Community Observer Mission to South Africa, an organization established in conjunction with the United Nations to observe political change in South Africa. Grant is a licensed CPA and a member of the Texas Board of Public Accountancy.
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