BofA/Merrill Lynch Downgrades DDR Corp. (DDR) to Neutral
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Thomas F. August Named CEO of DDR
July 11, 2016 7:45 AM EDTBEACHWOOD, Ohio, July 11, 2016 /PRNewswire/ --Â DDR Corp. (NYSE: DDR) announced today that DDR Board member Thomas F. August was named President & Chief Executive Officer, effective immediately. The appointment of Mr. August follows the termination of David J. Oakes as President & Chief Executive Officer and as interim Chief Financial Officer. Mr. Oakes' termination was not related to the Company's financial or operating results or to any disagreements or concerns regarding the Company's financial or reporting practices.
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