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Stock impact report

David Simon, owner of company that owns Penn Square Mall, dies at 64 [Yahoo! Finance]

Simon Property Group, Inc. (SPG) 
Last simon property group, inc. earnings: 2/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.simon.com
Company Research Source: Yahoo! Finance
Simon, known as the shopping mall king, died following a 2024 cancer diagnosis. He remained at the helm of the company his father and uncle founded as he received medical treatment. On March 23, the Simon Property Group Board of Directors appointed Eli Simon, David's eldest son, to be the next chief executive and president of the Indianapolis-based company, continuing the family's strong leadership of the company. Eli Simon will also continue to serve in his previous role, chief operating officer. In a statement, the Simon family said David "poured his heart and soul into building Simon Property Group." To those in the industry, he was known as a hardworking executive who worked long hours even when sick and who was not afraid to get into spats with retail industry leaders. In some cases, including one in Oklahoma City, Simon was accused of bullying, using anti-competitive and unlawful acts "to kneecap competitors." Simon is accused of personally interfering with tenants who Show less Read more
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