David Simon (CEO) explained

David Simon
Alt:David Simon, CEO Simon Properties L.P.
Birth Date:[1]
Spouse:Jacqueline Freed (1986)
Children:5
Education:Indiana University, Bloomington (BA)
Columbia University (MBA)
Relatives:Melvin Simon (father)
Paul Skjodt (brother-in-law)

David E. Simon (born 1961/1962) is an American billionaire real estate developer, chairman and chief executive officer (CEO) of Indianapolis-based Simon Property Group, an S&P 100 company and the largest U.S. publicly traded commercial real estate company.

Early life and education

Simon is the son of Jewish American real estate developer and founder Melvin Simon and his first wife Bess (née Meshulam).[2] He obtained a B.S. degree from Indiana University in 1983 and an M.B.A. from Columbia University's Graduate School of Business in 1985.[3]

Career

Simon started his career at First Boston.[4] From 1988 to 1990, he worked at Wasserstein Perella & Co. as a vice president.[5]

In 1990,[6] he joined Simon Property precursor Melvin Simon & Associates as Chief Financial Officer. In 1993, he led the efforts to take Simon Property Group public with a nearly $1 billion initial public offering that, at the time, was the largest real estate stock offering. He became CEO in 1995 and chairman in 2007.

He is a former chairman of the National Association of Real Estate Investment Trusts (NAREIT) leadership team[7] and is a former trustee of the International Council of Shopping Centers (ICSC). In 2000, he was inducted into the Indiana University Kelley School of Business Academy of Alumni Fellows.[8]

Philanthropy

In 2013, he donated $5 million support the construction Columbia Business School's new facilities.[9]

Personal life

In 1986, he married Jacqueline Susan Freed.[10] [11] [12] They have five children.[13] [14]

Notes and References

  1. Web site: Executive Profile: David E. Simon . Bloomberg LP . 6 November 2018.
  2. http://www.estateofdenial.com/2010/01/10/simon-daughter-challenges-shopping-mall-magnates-estate-plan-changes/ Indianapolis Star: "Simon’s daughter sues widow over will - Complaint says billionaire’s 2nd wife coerced him into signing new estate plan favoring her" by John Russell
  3. Web site: David Simon, CEO of Simon Property Group (SPG), Earns $1.2 mil. Forbes.com. 13 January 2018.
  4. Web site: National Real Estate Investor. Nreionline.com. 13 January 2018. https://web.archive.org/web/20110721184438/http://nreionline.com/finance/investors/real_estate_driven/. 2011-07-21. dead.
  5. Web site: Sheikha Mozah Bint Nasser Al-Missned. People.forbes.com. 13 January 2018. https://web.archive.org/web/20090413184157/http://people.forbes.com/profile/david-simon/72075. 13 April 2009. dead.
  6. Web site: David Simon . 2017-09-24 . https://web.archive.org/web/20170924230807/https://www.bisnow.com/list/richest-in-real-estate-2017/david-simon-79036?list_classification=2 . 2017-09-24 . dead .
  7. Web site: Nareit Leadership Team. Nareit. en. 2019-02-04.
  8. Web site: Honoree: Search Awards: University Honors & Awards: Indiana University. honorsandawards.iu.edu. 2019-02-04.
  9. Web site: David E. Simon Pledges $5 Million toward Manhattanville. School. Columbia Business. 2013-10-23. Newsroom. en. 2019-12-27.
  10. Web site: Jacqueline S. Freed to WedDavid E. Simon Next June. 17 March 1985. 13 January 2018. The New York Times.
  11. Web site: Simon family contributes major gift for life sciences building . 2009-10-15 . https://web.archive.org/web/20090311025217/http://www.iu.edu/~ocmhp/042304/text/simon.shtml . 2009-03-11 . dead .
  12. Web site: Life Sciences Building in Bloomington. Newground.iufoundation.iu.edu. 13 January 2018. https://web.archive.org/web/20090310041318/http://newground.iufoundation.iu.edu/articles/issue10/Old_Crescent_Breaks_.html. 2009-03-10. dead.
  13. http://www.ibj.com/simon-property-ceo-uses-hardnosed-style-to-excel-at-acquisitions/PARAMS/article/18521 Indianapolis Business Journal: "Simon Property CEO uses hard-nosed style to excel at acquisitions" by Cory Schouten
  14. http://www.jfgi.org/page.aspx?id=156621 Jewish Federation of Greater Indianapolis: "The Hebrew University of Jerusalem Dedicates Simon Family Dormitory at New Scopus Student Village - Hebrew U Recognizes the Generosity of Family Behind Simon Property Group"

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