Nine months after returning as CEO of Colony Capital, founder Thomas Barrack has given himself a term limit: 2021. Barrack will step down as the investment firm’s chief executive, returning to his post as executive chairman. The move was announced Thursday, as part of a $325 million deal to acquire digital infrastructure investment firm Digital Bridge Holdings. As of Thursday afternoon, Colony’s stock price at $5.41. It was at $6.11 on Nov. 8, when Barrack […]
source https://therealdeal.com/national/2019/07/25/colony-capitals-thomas-barrack-will-exit-as-ceo-as-part-of-deal-to-buy-digital-infrastructure-firm/#new_tab
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