Business in the Burbs

Presidential Realty chairman resigns for health reasons

April

Presidential Realty Corp., a White Plains-based real estate investment trust that owns commercial and residential buildings, said Chairman Robert E. Shapiro resigned his seat due to health reasons.

The board of directors did not fill the vacant seat but will nominate a candidate for election at the company’s annual meeting scheduled for June 15.

Shapiro, 91, was a director since 1961.

The board elected Robert Feder, 78, to serve as chairman. He has been a director since 1981.

The company made the disclosures in a filing with the U.S. Securities and Exchange Commission.

This entry was posted on Friday, April 10th, 2009 at 10:32 am by Allan Drury. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Corporate doings

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