General Growth Properties Appoints Steven Douglas as CFO

General Growth Properties (GGP), a US shopping mall management company, has appointed Steven Douglas as executive vice president (EVP) and chief financial officer (CFO)/director of accounting and finance. Douglas, who served most recently as president of Brookfield Properties Corporation, succeeds Ed Hoyt, who has been GGP’s interim CFO since 2008. Hoyt will continue to serve as senior vice president (SVP), chief accounting officer (CAO) for GGP.

Douglas was a key member of the Brookfield team for more than 16 years, serving in a variety of senior positions. Prior to his role as president of Brookfield Properties Corporation, which he assumed in 2009, Douglas was a senior managing partner at Brookfield Asset Management, where he focused on the company’s operations and international portfolio. From 2003 to 2006, he was CFO of Falconbridge. From 1996 until 2003, Douglas served as CFO of Brookfield Properties, a period that saw the company’s re-launch as a public company and the completion of three major acquisitions. Douglas joined Brookfield from Ernst & Young.

Douglas received his Bachelor of Commerce degree from Laurentian University and holds a chartered accountant (CA) designation.


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