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Grubb & Ellis Company Names Adele Simmons Vice President, Internal Audit |
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Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm,
today announced that Adele Simmons has joined the Company as Vice President
of Internal Auditing.
Based in Santa Ana, Simmons' will be responsible for establishing an
internal audit function centered around the reporting standards established
by the Sarbanes-Oxley Act of 2002.
"I am pleased that Adele has chosen to bring her knowledge and
experience in internal audit to Grubb & Ellis Company," said Richard W.
Pehlke, Executive Vice President and Chief Financial Officer. "We believe
she is a valuable addition to our team and will play a key role in
balancing Grubb & Ellis' needs as a public company for effective corporate
governance with our objective of creating long-term shareholder value."
Simmons brings more than 18 years of experience to Grubb & Ellis. Most
recently, she was Vice President, Internal Audit Americas for Experian. In
this position, she was responsible for developing and executing audit
plans, overseeing internal audit staff and executing key internal audit
initiatives. Prior to Experian, Simmons served as a Senior Manager for
Bearing Point, Inc., and held various director positions with Oracle Corp.
Simmons holds a bachelor's degree from California State Polytechnic
University, Pomona. She is a Certified Public Accountant, as well as a
Certified Information Systems Auditor.
About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most
respected commercial real estate services and investment companies. With
more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers
property owners, corporate occupants and investors comprehensive integrated
real estate solutions, including transaction, management, consulting and
investment advisory services supported by proprietary market research and
extensive local market expertise.
Grubb & Ellis and its subsidiaries are leading sponsors of real estate
investment programs that provide individuals and institutions the
opportunity to invest in a broad range of real estate investment vehicles,
including tax- deferred 1031 tenant-in-common (TIC) exchanges; public
non-traded real estate investment trusts (REITs) and real estate investment
funds. As of March 31, 2008, more than $3.4 billion in investor equity has
been raised for these investment programs. The company and its subsidiaries
currently manage a growing portfolio of more than 218 million square feet
of real estate. In 2007, Grubb & Ellis was selected from among 15,000
vendors as Microsoft Corporation's Vendor of the Year. For more information
regarding Grubb & Ellis Company, please visi
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