Simon Property Group Announces Appointment of Martin J. Cicco to Board of Directors

Rhea-AI Summary

Simon Property Group (NYSE:SPG) announced on February 5, 2026 that Martin J. Cicco has been appointed to its Board of Directors. Mr. Cicco brings over 45 years of real estate and capital markets experience, including senior roles at Merrill Lynch and founding MJC Associates.

The appointment adds deep finance and capital‑markets expertise to the board and reflects the company's emphasis on strengthening strategic oversight and long‑term shareholder value.

Positive

• Appoints director with 45+ years of real estate and capital markets experience
• Adds former Vice Chairman of Global Commercial Real Estate at Merrill Lynch to the Board
• Enhances Board expertise in finance and capital markets to support long‑term shareholder value

Negative

• None.

INDIANAPOLIS, Feb. 5, 2026  /PRNewswire/ -- Simon^®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that Martin J. Cicco has been appointed to the Board of Directors.

Mr. Cicco has over 45 years of real estate and capital markets experience, including initiating Evercore Partners' Real Estate Strategic Advisory practice after founding MJC Associates. Prior to joining Evercore, Mr. Cicco spent 29 years at Merrill Lynch & Co., ultimately serving as Vice Chairman of Global Commercial Real Estate and Global Head of Real Estate Investment Banking. He currently is a Senior Advisor to Lightstone. Mr. Cicco has served on the advisory boards of the Columbia Business School's Paul Milstein Center for Real Estate, the University of Wisconsin's James A. Graaskamp Center for Real Estate, and the Wharton School's Samuel Zell and Robert Lurie Real Estate Center. He is an active member of the National Association of Real Estate Investment Trusts and the Real Estate Roundtable. Mr. Cicco earned his undergraduate degree from Columbia College.

Larry Glasscock, Lead Independent Director, said, "We are delighted to welcome Marty to the Board. His deep knowledge of real estate finance and capital markets will be invaluable to Simon, complementing our Board's expertise and providing guidance to management in critical areas of our business."

David Simon, Chairman of the Board, Chief Executive Officer and President, remarked, "Marty's a great addition to the Board with his extensive experience advising leading real estate companies on complex financial and strategic matters. He brings a sophisticated perspective that will further strengthen our Board and support our focus on creation of long-term shareholder value."

About Simon        
Simon^® is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

 

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SOURCE Simon

FAQ

Who is Martin J. Cicco and why was he appointed to the Simon Property Group (SPG) board on February 5, 2026?

He is a real estate and capital markets executive with over 45 years of experience. According to Simon, his background includes senior roles at Merrill Lynch, founding MJC Associates, and advising major real estate firms, offering strategic finance expertise to the board.

What experience does Martin J. Cicco bring to SPG that could affect shareholders?

He brings senior real estate investment banking and advisory experience dating back 29 years at Merrill Lynch. According to Simon, that expertise in capital markets and strategic finance may inform decisions on financing, capital allocation, and long‑term shareholder value.

When did Simon Property Group announce Martin J. Cicco's board appointment and what official roles has he held previously?

The appointment was announced on February 5, 2026. According to Simon, Cicco previously served as Vice Chairman of Global Commercial Real Estate at Merrill Lynch, founded MJC Associates, and initiated Evercore's Real Estate Strategic Advisory practice.

Will Martin J. Cicco's appointment change Simon Property Group's board composition or leadership dynamics?

The appointment adds an experienced independent director with capital‑markets expertise to the board. According to Simon, leadership expects Cicco's perspective to complement existing directors and provide guidance on complex financial and strategic matters.

How does Simon describe the expected impact of Martin J. Cicco joining the board on corporate strategy?

Simon says his deep knowledge of real estate finance will be invaluable to the company. According to Simon, Cicco's sophisticated perspective is expected to strengthen the board and support focus on creating long‑term shareholder value.