On March 23, 2026, Simon Property Group, Inc. (NYSE: SPG) announced the passing of its Chairman of the Board, Chief Executive Officer, and President, David Simon, who was instrumental in building the company into the largest retail real estate firm globally. He passed away peacefully on March 22, 2026, after a courageous battle with cancer, at the age of 64. The Board of Directors expressed profound sorrow and respect for his contributions to the company and the industry. Following his passing, Eli Simon has been appointed as the new Chief Executive Officer and President, effective immediately. Eli Simon, who is also the son of David Simon, will continue to serve as Chief Operating Officer and a member of the Board. The Board has expressed full confidence in Eli's leadership abilities to guide the company forward. Additionally, Larry Glasscock has been appointed as Non-Executive Chairman of the Board. The company reassured its shareholders and stakeholders that operations will continue seamlessly under the new leadership, maintaining the legacy and vision established by David Simon.

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