Howard Hughes Corp. to move HQ to Houston area, names local exec CEO following strategic review

The Howard Hughes Corp. — the developer behind local master-planned communities such as The Woodlands and Bridgeland — will consolidate its Dallas corporate headquarters into its Houston-area office in The Woodlands.

The move was announced as part of a transformation plan resulting from a review of strategic alternatives the company began a few months ago.

Along with the move, Howard Hughes (NYSE: HHC) has named a Houston-area executive as CEO. Paul Layne, previously president of HHC's Central…

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