CenterPoint CEO steps down, replaced by president

Oak Brook-based CenterPoint Properties CEO Mike Mullen has stepped down and has been replaced by company President Paul Fisher.

Mullen will remain with the firm as vice chairman of the board of trustees and a member of the firm's asset allocation committee, the company said in a release. Fisher will become President and CEO of the company.

Mullen was named CEO of CenterPoint Properties in January 2005.  He was a co-founder of the company in 1993 and has served as past president and trustee, executive vice president and chief operating officer, executive vice president marketing and acquisitions and chief investment and development officer.  He is a past chairman of the National Association of Industrial and Office Parks.  Mullen leaves a legacy of unparalleled achievements including such Chicago landmarks as the O'Hare Express airport development and the nation's largest inland port comprised of the Elwood and Joliet CenterPoint Intermodal Centers, formerly the Joliet Arsenal.

Fisher is also a founder of the company.  He has been president since 2005 and previously served as chief financial officer and general counsel.  Fisher was elected to the Midwest Hall Of Fame by Midwest Real Estate News in 2010.  In February 2005, Institutional Investor named Fisher as one of “America's Best CFOs.”  Before joining the Company in 1991, he held executive positions with real estate firms and investment banks in Chicago and New York.

Fisher began his career practicing law after earning his Doctor of Law degree in 1980 from the University of Chicago Law School.  He graduated in 1977 from The University of Notre Dame, with highest honors, with a Bachelor of Arts degree in Economics and was elected to Phi Beta Kappa.

CenterPoint Properties is focused on the development, ownership and intensive management of industrial real estate and related rail, road and port infrastructure.