Simon Property Group CEO David Simon dies; son Eli Simon named successor.

David Simon, visionary CEO and Chairman of Simon Property Group, passed away at 64 after battling cancer. He transformed the company into the world's largest retail real estate firm with a 4,500% shareholder return since its IPO. The Board appointed his son, Eli Simon, as the new CEO and President to continue the company's growth and legacy. Operations will continue smoothly under a strong management team, honoring David Simon's enduring vision.