leadership
confidence high
sentiment negative
materiality 0.90
Simon Property Group announces passing of CEO David Simon; names Eli Simon as successor
SIMON PROPERTY GROUP INC.
- David Simon, Chairman and CEO, passed away March 22, 2026 at age 64 after battling cancer.
- Board appointed Eli Simon (age 38), son of David, as CEO and President effective March 23; he also remains COO.
- Larry Glasscock appointed Non-Executive Chairman; no compensation changes announced for either role.
- David Simon's cumulative total shareholder return since 1993 IPO exceeded 4,500%; company affirms operations will continue uninterrupted.