Rexford’s Laura Clark talks activist investor Elliott
About a month in as CEO, Laura Clark, in a sit down with The Real Deal at Rexford Industrial’s Brentwood office, appeared to confirm a theory — that Elliott Investment Management was behind her entry to the corner office. She said the succession plan had already been in place but “those discussions impact timing.” When an activist investor takes a stake in a company, it typically means changes are coming and probably sends a chill down the spines of CEOs — who, more than ever before, are the targets of activist campaigns. In the case of the vanilla industrial REIT, […]This article originally appeared on The Real Deal. Click here to read the full story.
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