REAL ESTATE

Howard Hughes Corp. names new CFO

BY Al Urbanski

Experienced investment industry executive David R. O’Reilly has been named chief financial officer of The Howard Hughes Corporation and will assume the office on Oct. 17. He fills the vacancy left by retired CFO Andrew Richardson.

O’Reilly joins the company from Parkway Properties, a Florida-based real estate investment trust whose portfolio is focused on office properties. Previously, he served in senior executive positions at Banyan Street Capital, Barclays Capital, and Lehman Brothers.

O’Reilly will purchase a six-year warrant for more than 50,000 shares of HHC common stock at a price of $1 million.

“Having skin in the game has been core to our investment philosophy, and I am pleased that David is making a long-term investment in the company, which clearly aligns his interests with those of our shareholders,” said Howard Hughes Corp. CEO David R. Weinreb.

O’Reilly holds a bachelor’s degree in civil engineering from Tufts University and an MBA in real estate finance from Columbia Business School.


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