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WeWork chief communications officer to leave; American Tower names new director

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WeWork chief communications officer to leave; American Tower names new director

This feature presents a weekly rundown of recent significant management and board changes and personnel moves in the North American real estate industry, including U.S. real estate investment trusts and homebuilders.

C-suite changes

* Sarah Pontius reportedly will step down as global head of real estate partnerships of coworking giant WeWork Cos. Inc. after reaching a mutual agreement with the company. Pontius' departure follows the recently reported exits of WeWork Chief Communications Officer Jennifer Skyler, Vice President of Communications Dominic McMullan, Chief Brand Officer Julie Rice, and Global Head of Business and Financial Operations Ted Stedem.

Board shuffle

* Communications-focused REIT American Tower Corp. named Bruce Tanner, who serves on the board of SunTrust Banks Inc., as a director.

* Park Hotels & Resorts Inc. said Thomas Natelli and Thomas Eckert of Chesapeake Lodging Trust are joining its board, following the completion of the merger between the companies.

Other news

* Global real estate and investment management services firm Jones Lang LaSalle Inc. appointed former McDonald's Corp. executive Christopher Stent as executive managing director of investor relations and corporate finance.