centro told to sell assets, page-13

Now this is FACT

Glenn J. Rufrano
Glenn J. Rufrano has been Chief Executive Officer of Centro Properties US since the acquisition of New Plan in April 2007. In this role, he has been responsible for the management, leasing, redevelopment and development of Centro Properties Group’s US portfolio. Until its acquisition by Centro Properties Group in April 2007, Mr. Rufrano served as Chief Executive Officer of New Plan Excel Realty Trust, Inc., as well as a member of the Company’s Board of Directors. Under his leadership, New Plan was transformed into one of the nation’s largest public real estate companies, focusing on the ownership and management of over 460 community and neighbourhood shopping centres encompassing approximately 68 million square feet of retail space. Mr. Rufrano has been involved in both the shopping centre and mall industries for more than 25 years.

Mr. Rufrano joined New Plan Excel Realty Trust in February 2000, following seventeen years as a partner at The O’Connor Group, a diversified real estate investment firm.

At The O’Connor Group, he most recently served as President and Chief Operating Officer, overseeing the investment and management of three private equity funds, in addition to client service/marketing and finance activities. Concurrently, he was Co-Chairman of The Peabody Group, an association between The O’Connor Group and J.P. Morgan & Co., Inc. investing in high-yield international real estate related opportunities.

Mr. Rufrano currently serves on a number of boards at New York University’s Real Estate Institute, where he is an adjunct professor, and is a trustee, member of the Executive Committee and Treasurer and Secretary of the International Council of Shopping Center. He is also on the Board of Directors of New Alternatives for Children, a not-for-profit health and social services agency whose exclusive mission is to serve children with medical disabilities and/or chronic illnesses and their families.

Mr. Rufrano holds a Master of Science in Management degree from the Florida International University and a Bachelor of Arts in Business Administration from Rutgers University.