trending Market Intelligence /marketintelligence/en/news-insights/trending/1yS4fo5VcRWzAVfYf-4flg2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

DDR lays out restructuring plans, appoints new SVP

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing


DDR lays out restructuring plans, appoints new SVP

DDR Corp. announced its restructuring plans, which will result in 65 positions being abolished, including nine officer roles; a one-off charge of $7.2 million to earnings; and an annual reduction in general and administrative expenses of roughly $6 million.

In relation to the reorganization, the company has appointed Conor Fennerty as the senior vice president of capital markets reporting to CFO Matthew Ostrower.

Fennerty recently served as vice president, senior analyst at BlackRock Inc.