First Industrial Realty Trust Inc., Chicago, has hired Bruce W. Duncan as president and chief executive. He presently serves as chairman of Starwood Hotels & Resorts Worldwide Inc., a position he has held since 2005. Mr. Duncan also served as Starwood's interim chief executive from April to September 2007. From 2002 through 2005, he was president and CEO of Equity Residential, the largest publicly traded apartment REIT. In a related move W. Ed Tyler, who has served as the company's interim chief executive since October 2008, has been appointed the new non-executive chairman of its board. Jay H. Shidler has resigned as chairman, but will continue to serve as a member of the board and the chairman of the investment committee.
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