Attached files
file | filename |
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EX-99.1 - EX-99.1 - REGENCY CENTERS CORP | d505366dex991.htm |
8-K - 8-K - REGENCY CENTERS CORP | d505366d8k.htm |
Exhibit 99.2
Chaim Katzman
c/o Gazit-Globe Ltd.
Nissim Aloni 10,
Tel-Aviv, 62919, Israel
February 14, 2018
Hap Stein
Chairman and Chief Executive Officer
Regency Centers Corporation
One Independent Drive
Suite 114
Jacksonville, FL 32202
Re: | Resignation from the Board of Directors |
Dear Hap:
I am writing to tender my resignation from the Board of Directors of Regency Centers Corporation (the Company) effective today.
As you are aware, I recently assumed the role of Chief Executive Officer of Gazit-Globe Ltd. (Gazit) and remain a director of Gazit and three other related public companies. In light of the commitment of time required by my new role as Chief Executive Officer of Gazit and my existing directorships and the overboarding policies of Institutional Shareholder Services, Glass Lewis & Co. and the Company for directors who are the chief executive officer of another public company, I believe it is appropriate to resign from the Companys Board of Directors at this time. My decision to resign from the Companys Board of Directors is not the result of any disagreement with the Companys operations, policies or procedures. Given the strength of the Companys Board of Directors and management team, I feel confident stepping down at this time and leaving the Company in their capable hands.
At this time Gazit will not be exercising its right under the governance agreement, by and among Company, Gazit and certain of Gazits affiliated entities to designate another person to be appointed to the Companys Board of Directors.
I have appreciated the opportunity to serve on the Companys board and wish you and the Company the best.
Sincerely, |
/s/ Chaim Katzman |
Chaim Katzman |
cc: | Barbara Johnston, General Counsel, Regency Centers Corporation |