NEW YORK, Feb. 13, 2020 /PRNewswire/ -- iStar Inc. (NYSE:
STAR) announced today that Jeremy
Fox-Geen will join as Chief Financial Officer at both iStar
and Safehold (NYSE: SAFE) at the end of March. Mr. Fox-Geen will be
a member of the senior executive team, providing financial
leadership with responsibility for overseeing the Accounting, Tax,
Treasury and Investor Relations functions. He will report to
Jay Sugarman, Chairman and Chief
Executive Officer.
"Jeremy's strong management skills and business savvy will be an
excellent complement to the iStar senior team," said Mr. Sugarman.
"He will bring further depth and insight to many of our financial
functions and will play an important strategic leadership role as
we continue to rapidly scale our Safehold business."
"I can't imagine a more dynamic time to join iStar and
Safehold," said Mr. Fox-Geen. "The organization is transforming
real estate ownership through the modernization of the ground lease
structure. I am excited to be a part of it and help drive its
continued success."
Mr. Fox-Geen has over 20 years of experience across corporate
finance and financial services, and was most recently the Chief
Financial Officer of McKinsey & Co.'s North American business.
He previously held senior leadership roles at PwC, Citigroup and
McKinsey, as both a management consulting leader, advising
financial services clients on corporate finance, growth strategy
and business transformation, and as a finance officer. He began his
career as an investment banker advising on M&A, corporate
finance and capital markets. Mr. Fox-Geen holds an MA in
Mathematics and Philosophy from Oxford
University.
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iStar is focused on reinventing the ground lease sector,
unlocking value for real estate owners throughout the country by
providing modern, more efficient ground leases and all types of
leasehold capital. As the founder, investment manager and largest
shareholder of Safehold Inc. (NYSE: SAFE), the first publicly
traded company to focus on modern ground leases, iStar is helping
create an entirely new approach to the way real estate is owned,
and continues to use its historic strengths in finance and net
lease to expand this unique platform. Recognized as a consistent
innovator in the real estate markets, iStar specializes in
identifying and scaling newly discovered market opportunities and
has completed more than $40 billion
of transactions over the past two decades. Additional information
on iStar is available on its website at www.istar.com.
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SOURCE iStar Inc.