Thomas Barrack Jr. is returning as CEO of Colony Capital Inc., the investment firm he founded in 1991.
Los Angeles-based Colony Capital (NYSE: CLNY) said it reached a “mutual agreement” for Richard Saltzman to resign as CEO, president and a director. Saltzman had been the company’s CEO since it went public four years ago.
Saltzman will remain in a non-executive capacity as chairman of both Colony Credit Real Estate Inc. (NYSE: CLNC) and NorthStar Realty Europe (NYSE: NRE), which are externally…
