Forest City Ratner names a new chief

Bruce Ratner, whose Forest City Ratner Cos. have changed the Brooklyn and Yonkers landscapes, will relinquish a pair of titles in his company, naming Executive Vice President MaryAnne Gilmartin president and CEO.

Ratner will remain executive chairman of the board.

Gilmartin had been in charge of commercial and residential development.

“I have known MaryAnne for over two decades and we have worked together at FCRC for 18 years,” Ratner said in a statement. “Our partnership has worked well and has produced great success for the company.”

Ratner plans to remain active in the company”™s day-to-day operations. He said, “While I will stay involved in key projects like Barclays Center, Atlantic Yards and Ridge Hill, and be active in strategic planning and new initiatives, it is the right time to make this change. I”™m confident MaryAnne will be a great partner as the president and CEO of FCRC.”

Gilmartin has been with Forest City Ratner since 1994 and has held key positions in both the Atlantic Yards project and Barclays Center, both in Brooklyn.

Activity at Ridge Hill continues apace, with Legoland Discovery Center and clothier Uniqlo each opening national-caliber stores there this spring.