GGP Gets New CFO

Steven Douglas, former president of Brookfield Properties Corporation, has been appointed cfo of General Growth Properties, according to a company press release.

Douglas is replacing Ed Hoyt, who has been acting as interim cfo since 2008. Hoyt will remain with GGP as chief accounting officer. Brookfield Asset Management, parent company of Brookfield Properties, is a key player in GGP’s plan to exit from bankruptcy.