Ed Fritsch, president and chief operating officer of Highwoods Properties Inc., Raleigh, N.C., has been elected to succeed Ron Gibson as chief executive officer of the real estate investment trust.Mr. Gibson, a founder of Highwoods, plans to retire as CEO on June 30, but will continue to serve on the company's board of directors. Highwoods also announced that Mike Harris, senior regional vice president, will assume the post of executive vice president and COO when the succession takes effect on June 30. The REIT can be found on the Web at http://www.highwoods.com.

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