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First Industrial Realty Trust president/CEO plans to retire

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Staff writer | Chicago, Ill., USA | January 22, 2016
First IndustrialJanuary 22, 2016, Chicago, Ill., USA - First Industrial Realty Trust, Inc., a real estate investment trust, announced that president and CEO Bruce W. Duncan plans to retire by year-end 2016.
The Company also announced that Mr. Duncan has been appointed chairman of the board.

The independent directors of the board appointed John Rau, the chair of the nominating and governance committee of the board, to the position of lead independent director.

Mr. Rau has served as a director of First Industrial since 1994 and previously served as CEO of LaSalle Bank and Chicago Title and Trust. He is currently President and CEO of Chicago-based Miami Corporation, a private asset management firm.

Previous non-executive chairman Ed Tyler will continue to serve as a member of the board.