The Simon Property Group has promoted Eli Simon, executive vice president, chief investment officer and director, to chief operating officer.

Eli will work directly with David Simon, chairman, chief executive officer and president, who is also Eli’s father, on all aspects of the business, including property performance, new development projects, the company’s strategic investments, and brand strategy.

The promotion, revealed Thursday, puts the 37-year-old Eli Simon squarely in line as the potential successor to his 63-year-old father, who has been undergoing treatment for cancer for several months.

Asked if Eli’s promotion represents succession, Simon Property Group provided WWD with a statement that read: “The board made this appointment. The board is always focused on succession p

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