#USA #Indianapolis #Simon #Stanley Shashoua #Klépierre

Simon® Elevates Stanley Shashoua to President of International Real Estate

On October 15, 2025, Simon®, a prominent real estate investment trust lauded for its ownership of prestigious shopping, dining, and entertainment venues, recently unveiled an important leadership change. Stanley Shashoua has been elevated to the position of President of International Real Estate, a role crucial for overseeing Simon's expanding portfolio across the globe.

As President, Shashoua will lead Simon’s international holdings which encompass 26 International Premium Outlets and the firm's investment in Klépierre SA, alongside its assets in McArthurGlen Investments. This newly appointed title is expected to harness Shashoua’s extensive experience as he takes the reins of a growing international operation, further refining Simon’s real estate strategy.

Shashoua has been an integral part of Simon’s journey, having served on the Supervisory Board of Klépierre since 2015. His appointment is a recognition of his substantial contributions to the international real estate landscape. Under his experience, the company has noted significant advancements in their strategic investments and partnerships worldwide.

David Simon, Chairman, Chief Executive Officer, and President of Simon, emphasized the importance of this decision, stating, "Stanley has played a pivotal role in advancing our international real estate strategy and is uniquely qualified for this position." The endorsement from David Simon not only highlights Shashoua’s capability but also underlines the trust the company has in his vision going forward.

Founded with a mission to transform the shopping experience, Simon® operates an extensive collection of properties that serve as community hubs in North America, Europe, and Asia. The company is positioned within the SP 100, ranking highly on the NYSE under the ticker symbol SPG. Through its real estate ventures, Simon fosters environments that bring together millions of visitors daily, generating billions in sales, thereby solidifying its role as a leader in mixed-use destination management.

The strategic elevation of Shashoua comes at a time when international real estate is more vital than ever. With the evolving landscape of consumer behavior and shopping preferences post-pandemic, Simon’s international outreach is leading the charge to adapt and innovate in diverse markets. The company is focusing on expanding its global footprint while ensuring that it retains its reputation for excellence in customer experience.

In his new role, Shashoua is poised to address the complexities of the international market, steering Simon through an era of growth and potential challenges. With his leadership, Simon is expected to leverage its extensive insights into consumer trends and adapt its strategies to meet the demands of an ever-changing retail environment.

Shashoua's promotion marks a significant milestone in his career and reflects Simon®’s commitment to cultivating leadership from within. It reinforces the company’s ethos of recognizing talent and fostering an environment where experienced leaders can drive impactful changes. As the retail landscape continues to transform, Shashoua’s strategic oversight will be invaluable in guiding Simon®’s international endeavors.

In conclusion, Stanley Shashoua's appointment to President of International Real Estate signals an exciting new chapter for Simon®. As the company aims to deepen its international reach, Shashoua’s expertise will be critical in steering the company towards its ambitious global objectives. With this leadership change, Simon® reaffirms its position as a dominant player in the real estate market, ready to embrace new opportunities and challenges around the world.

About Simon®

Simon® is not just a real estate investment trust; it signifies a commitment to creating exceptional shopping, dining, and entertainment experiences. Engaged in the ownership of a diverse range of properties, it continues to be at the forefront of the industry, showcasing innovation and community engagement across its vast portfolio.