”I am excited to continue working at Citycon and building the company’s future together with such a strong team.  Citycon is in the middle of a significant strategic transformation which will increase the share of residential premises in our portfolio and correspondingly decrease the proportion of non-essential retail. It is gratifying to a be a part of the successful execution of this strategic transformation,” says F. Scott Ball, CEO.

“I am very pleased that F. Scott Ball has agreed to continue leading Citycon through this strategic transformation. Mr Ball has performed excellently, navigating Citycon to strong financial and operational results. Mr Ball’s appointment provides important continuation to the business and developing the organization” says Chaim Katzman, Chairman of the Board of Citycon.

Ball’s current service contract was due as of 14 November 2021.