Supervisory Board

First appointed: March 14, 2012.
David Simon is Chairman of the Board and Chief Executive Officer of Simon Property Group, Inc.,which he joined in 1990. In 1993, he led the efforts to take Simon Property Group public, and became CEO in 1995. Before joining Simon Property Group, he was a Vice President of Wasserstein Perella & Co., a Wall Street firm specializing in mergers and acquisitions and leveraged buyouts. He was a member and the Chairman of the National Association of Real Estate Investment Trusts (NAREIT) Board of Governors and a trustee of the International Council of Shopping Centers (ICSC).

BS degree from Indiana University and MBA from Columbia University’s Graduate School of Business – American nationality

First appointment date: December 11, 2014 General Meeting of Shareholders with effect from January 15, 2015.
Based in Miami, Florida, John Carrafiell is the co-Chief Executive Officer and a major shareholder of BGO, a leading, global investment management and advisory firm with over 83 billion in assets under management, 27 offices in 13 countries and 1,300 employees. John Carrafiell was the co-Founder of GreenOak Real Estate in 2010, which grew organically to USD 12 billion of assets under management in 10 countries prior to its 2019 merger with Bentall Kennedy (owned by Canada headquartered leading financial institution, Sun Life). John is Chairman of the board of IREIT by BGO, a $1 billion gross asset value, Logistics and Industrial REIT, launched in July 2023. He is a member of the board of Sandow Lakes Ranch Venture, LLC, formed in 2022, a 32,000-acre (50 square miles) development project outside Austin, Texas. John is a member of the board and the Compensation Committee of Lineage, Inc., the world’s largest temperature-controlled logistics company, where John helped lead the company towards its IPO in July 2024, one of the largest IPOs in the past decade, and the largestever real estate IPO. John is also a member of the Board of Norway-based Bulk Infrastructure (as a board member from 2020-2022, now as an observer), a leading provider of green data centers and logistics in Europe, where BGO holds an over 60% stake. He is a former member of the boards and audit committees of Shurgard, Europe’s largest independent self-storage company, and Canary Wharf, where he chaired the audit and operating committees. John Carrafiell worked for Morgan Stanley in Europe from 1987 to 2009, as Head of European Real Estate from 1995, and then Global Head of Real Estate and a member of the investment bank’s Global Operating Management Committee from 2005 to 2007.

Graduate of Arts degree from Yale University (Bachelor) – American nationality

First appointed: April 19, 2016.
Béatrice de Clermont-Tonnerre is Director of the Public Sector business unit at Microsoft France. She was a member of the Executive Committee of green tech geoanalytics company Kayrros. Between 2013 and 2019, she held the positions of Director of Monetization for Southern Europe and Director of Artificial Intelligence Partnerships at Google, prior to which she headed up M&A for Lagardère (2008-2013). Between 2001 and 2005, she was co-Head of Programming at Canalsatelite at Canal+ group. She began her career as an analyst in the High Technologies division of Lagardère’s Strategy Department, covering aerospace and telecoms.

Graduate of the Institut d’études politiques of Paris (Public Service Section) and the Ecole Supérieure des Sciences Economiques et Commerciales (MBA) – French nationality.

First appointed: March 14, 2012.
Steven Fivel has been General Counsel and Secretary of Simon Property Group since January 1, 2017. He began his career in 1987 as Deputy Attorney General at the Office of the Attorney General of the State of Indiana. In 1988, he joined Melvin Simon & Associates Inc., as an attorney handling shopping center finance transactions, real estate development and redevelopment transactions, joint ventures and corporate transactions. In 1997, he joined BrightPoint and occupied the functions of Executive Vice President, General Counsel and Secretary. In March 2011, he joined Simon Property Group as Assistant General Counsel and Assistant Secretary, supervising Development and Operations, the Legal Department, and Operations within the Tax Department.

BS degree from Indiana University and J.D. from The John Marshall Law School of Chicago – American nationality

First appointed: April 24, 2018.
Robert Fowlds has been a Senior Advisor in real estate and finance since 2016. Previously, he was Managing Director, Head of Real Estate Investment Banking for the United Kingdom and Ireland at JP Morgan Cazenove, where he supervised a large team with expertise in capital markets, mergers and acquisitions, advisory and debt markets, before becoming Vice Chairman in 2013. Between 1987 and 2006, he held various positions in financial institutions such as Merrill Lynch, Kleinwort Benson Securities, Crédit Lyonnais Secs and Morgan Grenfell. Robert Fowlds is also a director of LondonMetric Property PLC (United Kingdom – listed company) and a director of Helical PLC (United Kingdom – listed company).

BS degree in Real Estate Management from the University of Reading and MBA in Finance from Bayes Business School, member of the Royal Institution of Chartered Surveyors

First appointed: April 14, 2015.
Stanley Shashoua is Chief Executive Officer – Special Investments at Simon Property Group, which he joined in 2013. Previously, he was a Managing Partner of LionArc Capital LLC, a private investment firm specializing in real estate and private equity transactions. Prior to joining LionArc Capital LLC, Stanley Shashoua was a Partner at HRO Asset Management LLC, where he was in charge of the acquisition and management of properties on behalf of institutional clients, managing transactions representing over USD 1 billion. He was also Vice President at Dresdner Kleinwort Wasserstein.

Bachelor of Arts in international relations from Brown University and MBA in finance from The Wharton School – American nationality

First appointed: February 11, 2025.
Nadine Glicenstein is the founder of ErmineConsulting, a consultancy specializing in ESG communication and reporting for asset management institutions. She has extensive experience in equity and debt capital markets, covering the real estate sector for major French banks for more than 30 years. Nadine Glicenstein is a CFA charterholder.

Master’s degree in Finance and Economics from Sciences Po Paris (France) – French nationality

First appointed: May 3, 2024.

During an extensive and diverse career, she has supported the growth and transformation of companies, first as a Corporate and M&A lawyer at Linklaters, and subsequently within the Carrefour group in the posts of Deputy Legal Director, then Human Resources Director. Anne was instrumental in enhancing Carrefour's operational performance by leveraging HR strategies to reinforce the customer mindset across Carrefour teams, support digitization and assist the company as it evolved, developing greater agility and a culture of collaboration. She left Carrefour to found the consultancy HR Mobiliwork, which offers HR services aimed at developing the collaboration between large groups and start-ups.

Graduate in Business Administration from ESSEC Business School and holds a Certificate in Artificial Intelligence from the MIT Sloan School of Management, she is also a member of the Paris Bar and an INSEAD Certified Director in Corporate Governance – French nationality

First appointed: February 17, 2016
Florence von Erb began her finance career working in JP Morgan’s Paris, London and New York offices, where she specialized in international securities markets. She held positions in the firm’s Treasury Department, Merchant Bank division, Latin America Debt Restructuring Unit and Equity Derivatives Group. In 2000, she joined Adair Capital, a New York-based investment management firm, where she served as Managing Director. She switched her focus to the not-for-profit world in 2004 when she became President and United Nations Representative of Make Mothers Matter International. In 2006, she co-founded Sure We Can Inc.Since 2014, she has been an active member of the UN NGO Social Development Committee and the Commission on the Status of Women.

Graduate of HEC Paris, specializing in finance – French nationality