Regency Centers Elects Mark J. Parrell to Board of Directors
Rhea-AI Summary
Regency Centers (Nasdaq: REG) announced the election of Mark J. Parrell to its Board of Directors, effective January 1, 2026. With his appointment as an independent director, the Board will expand to twelve directors. Parrell currently serves as President and CEO of Equity Residential (NYSE: EQR) since January 2019 and previously served as EVP and CFO from 2007 to 2018. He has held senior finance roles at Equity Residential since 1999 and served on the boards of T. Rowe Price Funds, Brookdale Senior Living, and Aviv REIT. Regency highlighted Parrell’s CEO and CFO experience in real estate and his industry leadership roles as reasons for his selection.
Positive
- None.
Negative
- None.
News Market Reaction
On the day this news was published, REG declined 1.60%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
JACKSONVILLE, Fla., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency Centers” or “Regency”) (Nasdaq: REG) today announced the election of Mark J. Parrell to its Board of Directors (the “Board”), effective January 1, 2026. With the addition of Mr. Parrell as an independent director, Regency will expand the size of its Board to twelve directors.
“We are delighted to welcome Mark to our Board,” said Martin E. “Hap” Stein, Jr., Executive Chair of Regency Centers. “His proven leadership and extensive experience in the real estate business, including as both CEO and CFO of a sector-leading S&P 500 commercial residential real estate company, will be invaluable as we continue to execute our strategy and create long-term value for our shareholders.”
Mr. Parrell currently serves as President, Chief Executive Officer, and member of the Board of Trustees of Equity Residential (NYSE: EQR), a position he has held since January 2019. Previously, he served as Executive Vice President and Chief Financial Officer from 2007 to 2018 and has also held a number of senior finance roles since joining the company in 1999. He has also served on the Boards of T. Rowe Price Funds, Brookdale Senior Living Inc. and Aviv REIT, Inc. Mr. Parrell is active as a leader in industry groups, including the Real Estate Roundtable and Nareit, and in community organizations in the Chicago area. He holds a B.B.A. from the University of Michigan and a J.D. from Georgetown University Law Center.
About Regency Centers Corporation
Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, visit RegencyCenters.com.
Kathryn McKie
904 598 7348
KathrynMcKie@regencycenters.com
Eric Davidson
904 598 7829
EricDavidson@regencycenters.com
This press release was published by a CLEAR® Verified individual.
FAQ
When does Mark J. Parrell join the Regency Centers board (REG)?
How will Mark Parrell’s appointment change Regency Centers’ board size (REG)?
What is Mark Parrell’s current role and which company does he lead (EQR)?
What prior finance experience does Mark Parrell bring to Regency Centers (REG)?
Will Mark Parrell’s industry roles influence Regency Centers’ strategy (REG)?
Does Mark Parrell have board experience relevant to Regency Centers (REG)?
