Mack-Cali expands board of directors to include CEO

Mar 15, 2018 at 12:02 pm

Mack-Cali Realty Corp. announced Wednesday it has named its CEO Michael J. DeMarco to its board of directors, effective immediately.

DeMarco’s addition to the board expanded the total number of members to 10.

“We are pleased to announce changes to the board of directors and enhancements to our corporate governance. Mike has been instrumental in transforming Mack-Cali since joining the company in the summer of 2015, and we believe that his stewardship will lead to additional shareholder value as we move ahead,” said William L. Mack, chairman of the board.