Crescent Real Estate Announces Appointment of John C. Goff as Chief Executive Officer.FORT WORTH, Texas--(BUSINESS WIRE)--June 11, 1999-- Crescent Real Estate Equities Company Crescent Real Estate Equities Co. (NYSE: CEI) is a Fort Worth, Texas-based real estate investor with holdings mainly in office and hotel properties, including several landmark buildings in the southern United States. (NYSE NYSE See: New York Stock Exchange :CEI CEI Competitive Enterprise Institute CEI Conferenza Episcopale Italiana (Italian bishop conference) CEI Central European Initiative CEI Comitato Elettrotecnico Italiano (Italian Electrotechnical Committee) ) today announced that its Board of Trust Managers has appointed John C. Goff, Vice Chairman of the Company's Board of Trust Managers, to the additional positions of President and Chief Executive Officer. Mr. Goff replaces Gerald W. Haddock haddock: see cod. haddock Valuable North American food fish (Melanogrammus aeglefinus, family Gadidae). A bottom-dweller that feeds on invertebrates and fishes, it resembles the cod, with its chin barbel (fleshy feeler) and two anal and three dorsal , who resigned his positions as President, Chief Executive Officer and as a member of the Board of Trust Managers in order to pursue other business interests. "John is well suited for this role, having been a co-founder of the Company and having served as Crescent's Chief Executive Officer until December of 1996, when he turned the day-to-day duties over to Gerald," said Richard E. Rainwater, Chairman of the Board. "We have a tremendous amount of respect for John's leadership abilities and appreciate his desire to assume this new role. I speak for everyone at Crescent when I wish Gerald well in his future endeavors. He has earned the thanks and appreciation of all the constituencies of the Company." John Goff
John William Goff (January 1 1848 - November 9 1924) was an Irish-born lawyer and judge also noted for his support of Fenian rebel movements. commented, "I am looking forward to assuming these new responsibilities and leading the Company to a new level. This Company has superior assets, businesses and a wonderful family of dedicated employees. Our number one priority will be increasing shareholder value by sharpening our focus on each of our business segments while positioning the Company to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. future opportunities." Crescent is a fully integrated real estate company which owns through its subsidiaries a portfolio of real estate assets, consisting of 89 office properties and 7 retail properties totaling 32.6 million square feet, a 39.6% interest in 91 refrigerated re·frig·er·ate tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates 1. To cool or chill (a substance). 2. To preserve (food) by chilling. warehouse facilities, 88 behavioral healthcare facilities, 7 full-service hotels totaling 2,257 rooms, 2 destination health and fitness resorts, and economic interests in 5 residential development corporations. The office and retail properties are located primarily in 17 metropolitan submarkets in Texas. For further information, please contact Bruce A. Picker, Vice President and Treasurer, Crescent Real Estate Equities Company at 817/321-1447. Crescent is also online at www.cei-crescent.com. |
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