Feldman Mall Properties, Inc. Announces Election of Wendy Luscombe to the Board of Directors
May 05 2008 - 6:44PM
PR Newswire (US)
GREAT NECK, N.Y., May 5 /PRNewswire-FirstCall/ -- Feldman Mall
Properties, Inc. (NYSE:FMP) announced today that its board of
directors has elected Wendy Luscombe to serve as a director of the
Company effective May 12, 2008. Ms. Luscombe fills the vacancy
created by James C. Bourg, who did not stand for re-election as a
director at the Company's 2007 annual meeting of stockholders. It
is expected that on May 12, 2008 Ms. Luscombe will become a member
of the Audit Committee, the Compensation Committee, and the
Nominating and Corporate Governance Committee of the Company. Ms.
Luscombe will be standing for election as a director of the Company
at its 2008 annual meeting of stockholders. About Feldman Mall
Properties, Inc. Feldman Mall Properties, Inc. acquires, renovates
and repositions enclosed regional shopping malls. Feldman Mall
Properties Inc.'s investment strategy is to opportunistically
acquire underperforming malls and transform them into physically
attractive and profitable Class A or near Class A malls through
comprehensive renovation and re-tenanting efforts aimed at
increasing shopper traffic and tenant sales. The Company's
portfolio, including non-owned anchor tenants, consists of seven
regional malls aggregating approximately 6.8 million square feet.
For more information on Feldman Mall Properties Inc., visit the
Company's website at http://www.feldmanmall.com/. DATASOURCE:
Feldman Mall Properties, Inc. CONTACT: Thomas E. Wirth, President
& Chief Financial Officer, or Larry Feldman, Chairman, both of
Feldman Mall Properties, Inc., +1-516-684-1239; or Scott Eckstein
of Financial Relations Board, +1-212-827-3766, , for Feldman Mall
Properties, Inc. Web site: http://www.feldmanmall.com/
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