Experienced Real Estate Professional Oversees Corporate, Portfolio, Retail, and Philanthropic Strategies Equity Office Properties Trust (NYSE:EOP) today announced the promotion of Debbie Ferruzzi, 45, to executive vice president-Corporate Strategy. Ms. Ferruzzi has more than 23 years of commercial real estate experience, most recently serving as Equity Office's senior vice president-Corporate Strategy. Ms. Ferruzzi will continue to report directly to Richard Kincaid, president and chief executive officer of Equity Office. Ms. Ferruzzi is responsible for leading the development of the company's long-term growth strategy, managing EOP's strategic planning process, and for monitoring performance to strategic plan. Her team also manages the evaluation of new business opportunities and supports process improvement initiatives across the organization. In addition, through her leadership of Portfolio and Retail Strategy, Ms. Ferruzzi works closely with EOP's Management and Leasing teams to develop investment and leasing strategies, establish key national retail alliances, upgrade building amenities/offerings, and execute asset-repositioning initiatives. Ms. Ferruzzi has also been instrumental in developing and chairing the company's recently created National Philanthropic Committee, which focuses on children's health and welfare. "Debbie's scope and responsibility has steadily increased over the years," said Kincaid. "This promotion is in recognition of her insightful leadership and the invaluable contributions she has made to our company and its ongoing success." Since joining Equity Office in 1998 as executive advisor to the CEO, Ms. Ferruzzi has been involved with virtually every facet of the company, from structure and process improvements to critical company-wide projects. Prior to joining Equity Office, Ms. Ferruzzi was senior vice president in the Capital Markets Group for Equity Group Investments. Before that, she worked in the tax and retail divisions of Equity Group Investments. Overall, she has worked for Sam Zell-related companies for more than 23 years. Ms. Ferruzzi holds a master's degree in business administration with a concentration in finance from the University of Chicago, and a bachelor's degree in accounting from Eastern Illinois University. She serves as a board member for the Chicago Children's Advocacy Center, is a member of the advisory committee for Little Star Charity and its subsidiary the Silver Lining Foundation, and is on the Leadership Council of the Chicago Public Education Fund. About Equity Office Equity Office Properties Trust (NYSE:EOP), operating through its various subsidiaries and affiliates, is the nation's largest publicly held office building owner and manager with a total office portfolio of 608 buildings comprising 113.5 million square feet in 18 states and the District of Columbia. Equity Office has an ownership presence in 26 Metropolitan Statistical Areas (MSAs) and in 105 submarkets, enabling it to provide a wide range of office solutions for local, regional and national customers. For more company information visit the Equity Office Web site at http://www.equityoffice.com.
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